34th Legislature(2025-2026)

Bill History/Action for Legislature

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  • Bill SB 86
  • Current Status (S) CALENDAR 4/30
  • Status Date 04/29/2025
  • Bill Version
  • Short Title MONEY TRANSMISSION; VIRTUAL CURRENCY
  • Sponsor(S) SENATOR KIEHL

  • Title "An Act relating to the business of money transmission; relating to licenses for money transmission, licensure requirements, and registration through a nationwide multistate licensing system; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to exemptions to money transmission licensure requirements; relating to payroll processing services; relating to currency exchange licenses; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date."
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Full Text of SB 86 Intro/ Offered Passed
Version Amended Name PDF Date House Senate
SB0086A SB 86 pdf
SB0086B CSSB 86(FIN) pdf

Fiscal Action Summary

SB 86 Published
Fiscal Note Preparer Date Chamber Fiscal Impact Cmte Report Approp Bill
pdf Fiscal Note 1 Commerce, Community & Econ. Dev. S Y SL&C, SFIN

Bill Amendments Summary

  • Bill : SB 86

Amendments that are adopted are incorporated into the next version of the bill.
PDF versions of the amendment may have slight variations from the Journal entry. The Journal should be considered the authoritative version.

Action Journal
Amendment Chamber Action Date Page PDF

House and Senate Minutes/Recordings

  • Bill : SB 86
Meeting Date Start Time Title Meeting Details
4/11/2025 9:00 AM SENATE FINANCE Audio/Video
4/1/2025 9:00 AM SENATE FINANCE Audio/Video
3/7/2025 1:30 PM SENATE LABOR & COMMERCE Audio/Video
3/5/2025 1:30 PM SENATE LABOR & COMMERCE Audio/Video

Documents for Bill SB 86 34th Legislature

Additional documents may be added - continue to check back.

Document Name Date/Time Subjects
SB 86 Explanation of Changes ver I to T.pdf SFIN 4/11/2025 9:00:00 AM
SB 86
SB 86 work draft ver T.pdf SFIN 4/11/2025 9:00:00 AM
SB 86
SB 86 Sponsor Statement version I 3.12.2025.pdf SFIN 4/1/2025 9:00:00 AM
SB 86
SB 86 Sectional Analysis version I 3.12.2025.pdf SFIN 4/1/2025 9:00:00 AM
SB 86
SB 86 Letters of Support version I 3.12.2025.pdf SFIN 4/1/2025 9:00:00 AM
SB 86
SB 86 ETA Support - AK SB 86.pdf SFIN 4/1/2025 9:00:00 AM
SB 86
SB 86 Bill Presentation 3.12.2025.pdf SFIN 4/1/2025 9:00:00 AM
SB 86
SB86 Bill Presentation 03.05.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 ver I.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Sponsor Statement ver I.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Sectional Analysis ver I.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Public Testimony-Letter-TMSRT 02.20.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Public Testimony-Letter-MSBA 03.04.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Public Testimony-Letter-Mastercard 03.04.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Public Testimony-Letter-AKBA 02.20.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Public Testimony-Letter-ETA 03.05.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
SB86 Fiscal Note DCCED-DBS 02.27.25.pdf SL&C 3/5/2025 1:30:00 PM
SB 86
Jrn Date Jrn Page Text
189 (S) READ THE FIRST TIME - REFERRALS
189 (S) L&C, FIN
Text (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
Text (S) Heard & Held
Text (S) LABOR & COMMERCE at 01:30 PM BELTZ 105 (TSBldg)
Text (S) Moved SB 86 Out of Committee
468 (S) L&C RPT 3DP
468 (S) DP: BJORKMAN, DUNBAR, YUNDT
468 (S) FN1: (CED)
Text (S) FINANCE at 09:00 AM SENATE FINANCE 532
Text (S) Heard & Held
Text (S) FINANCE at 09:00 AM SENATE FINANCE 532
Text (S) Moved CSSB 86(FIN) Out of Committee
855 (S) FIN RPT CS 4DP 2NR SAME TITLE
855 (S) DP: OLSON, HOFFMAN, MERRICK, KIEHL
855 (S) NR: STEDMAN, CRONK
855 (S) FN1: (CED)
(S) RULES TO CALENDAR 4/30/2025
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