Legislature(2025 - 2026)

2026-05-12 House Journal

Full Journal pdf

2026-05-12                     House Journal                      Page 2513
SB 86                                                                                                                         
The following, which was advanced to third reading from the May 11                                                              
calendar (page 2496), was read the third time:                                                                                  
                                                                                                                                
    HOUSE CS FOR CS FOR SENATE BILL NO. 86(FIN)                                                                                 
    "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                                                                 

2026-05-12                     House Journal                      Page 2514
    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; relating to                                                               
    abandoned virtual currency; amending Rules 79 and 82, Alaska                                                                
    Rules of Civil Procedure; and providing for an effective date."                                                            
                                                                                                                                
The question being:  "Shall HCS CSSB 86(FIN) pass the House?"                                                                   
The roll was taken with the following result:                                                                                   
                                                                                                                                
HCS CSSB 86(FIN)                                                                                                                
Third Reading                                                                                                                   
Final Passage                                                                                                                   
                                                                                                                                
YEAS:  40   NAYS:  0   EXCUSED:  0   ABSENT:  0                                                                               
                                                                                                                                
Yeas:  Allard, Bynum, Carrick, Costello, Coulombe, Dibert, Edgmon,                                                              
Eischeid, Elam, Fields, Foster, Frier, Galvin, Gray, Hall, Hannan,                                                              
Himschoot, Holland, Jimmie, Johnson, Josephson, Kopp, McCabe,                                                                   
Mears, Mina, Moore, D.Nelson, G.Nelson, Prax, Ruffridge, Saddler,                                                               
Schrage, Schwanke, St. Clair, Stapp, Story, Stutes, Tomaszewski,                                                                
Underwood, Vance                                                                                                                
                                                                                                                                
And so, HCS CSSB 86(FIN) passed the House.                                                                                      
                                                                                                                                
Representative Kopp moved and asked unanimous consent that the roll                                                             
call on the passage of the bill be considered the roll call on the court                                                        
rule changes.  There being no objection, it was so ordered.                                                                     
                                                                                                                                
Representative Kopp moved and asked unanimous consent that the roll                                                             
call on the passage of the bill be considered the roll call on the                                                              
effective date clause.  There being no objection, it was so ordered.                                                            
                                                                                                                                
Representative Johnson gave notice of reconsideration of the vote on                                                            
HCS CSSB 86(FIN).