21RS SB 134

Actions

Last Action	03/15/21: placed in the Orders of the Day for Tuesday, March 16, 2021
Title	AN ACT relating to money transmitters.
Bill Documents	Current/Final Introduced
Bill Request Number	1357
Sponsor	T. Buford
Summary of Original Version	Amend KRS 286.11-003 to add definitions for "medium of exchange" and "virtual currency"; delete definition for "monetary value"; amend definition of "money transmission"; make technical corrections; amend KRS 286.11-007 to conform; amend KRS 286.11-017 and 286.11-021 to modify money transmitter licensing periods and renewal deadlines.
Index Headings of Original Version	Licensing - Money transmitters, licensing Banks and Financial Institutions - Money transmission, scope of regulation Banks and Financial Institutions - Money transmitters, licensing Consumer Affairs - Money transmission, scope of regulation
Votes	Vote History

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02/02/21	introduced in Senate to Committee on Committees (S)
02/04/21	to Banking & Insurance (S)
03/02/21	reported favorably, 1st reading, to Consent Calendar
03/03/21	2nd reading, to Rules posted for passage in the Consent Orders of the Day for Thursday, March 4, 2021
03/04/21	3rd reading, passed 35-1
03/05/21	received in House to Committee on Committees (H)
03/11/21	taken from Committee on Committees (H) 1st reading returned to Committee on Committees (H)
03/12/21	taken from Committee on Committees (H) 2nd reading to Banking & Insurance (H)
03/15/21	posting waived reported favorably, to Rules taken from Rules placed in the Orders of the Day for Tuesday, March 16, 2021