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SB 86 Alaska 34 session

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; relating to abandoned virtual currency; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.

Status

  1. Introduced
  2. Committee
  3. Floor vote
  4. Passed
  5. Enacted

Passed both chambers — last recorded action July 16, 2026

(S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER

Recorded votes

(S) CONCUR AM OF (H) Y20 N- #2655

20 yes · 0 no · pass May 15, 2026

See how each member voted →

(H) PASSED Y40 #2514

40 yes · 0 no · pass May 12, 2026

See how each member voted →

(S) PASSED Y17 N- E3 #1093

17 yes · 0 no · pass May 2, 2025

See how each member voted →

Passage likelihood

95% Higher than most bills at this stage

This is an estimate, not a guarantee. It is computed from the signals listed below and nothing else. It does not account for leadership priorities, floor scheduling, or negotiations that are not in the public record.

What the estimate is based on

  • Historical base rate About 20% of introduced state bills are enacted.
  • Current stage Passed both chambers.
  • Must-pass vehicle This is an appropriations or authorization bill that the chamber has historically acted on each session.

State-level impact

State-level impact data is not available for this bill. The source text does not contain a per-state funding formula or scored breakdown, so no figures are shown.

Official actions

  1. (S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER
  2. (S) LAW W/O GOV SIGNATURE 6/30 CH 48 SLA 26
  3. (S) 3:55 P.M. 6/15/26 Transmitted to Governor
  4. (S) MANIFEST ERROR(S)
  5. (S) EFFECTIVE DATE(S) SAME AS PASSAGE
  6. (S) COURT RULE(S) SAME AS PASSAGE
  7. (S) CONCUR AM OF (H) Y20 N-
  8. (S) CONCUR MESSAGE TAKEN UP
  9. (S) CONCUR MESSAGE READ
  10. (H) VERSION: HCS CSSB 86(FIN)
  11. (H) TRANSMITTED TO (S) AS AMENDED
  12. (H) RECONSIDERATION NOT TAKEN UP
  13. (H) JOHNSON NOTICE OF RECONSIDERATION
  14. (H) TITLE CHANGE: HCR 17
  15. (H) EFFECTIVE DATE(S) SAME AS PASSAGE
  16. (H) COURT RULE(S) SAME AS PASSAGE
  17. (H) PASSED Y40
  18. (H) READ THE THIRD TIME HCS CSSB 86(FIN)
  19. (H) ADVANCED TO THIRD READING 5/12 CALENDAR
  20. (H) FIN HCS ADOPTED UC
  21. (H) READ THE SECOND TIME
  22. (H) RULES TO CALENDAR 5/11/2026
  23. (H) FN2: (CED)
  24. (H) NR: TOMASZEWSKI
  25. (H) FOSTER
  26. (H) DP: JIMMIE, GALVIN, STAPP, HANNAN, ALLARD, MOORE, BYNUM, SCHRAGE, JOSEPHSON,
  27. (H) TITLE CHANGE: HCR 17
  28. (H) FIN RPT HCS(FIN) NEW TITLE 10DP 1NR
  29. (H) Moved HCS CSSB 86(FIN) Out of Committee
  30. (H) FINANCE at 01:30 PM ADAMS 519
  31. (H) Heard & Held
  32. (H) FINANCE at 01:30 PM ADAMS 519
  33. (H) Minutes (HFIN)
  34. (H) Heard & Held
  35. (H) FINANCE at 01:30 PM ADAMS 519
  36. (H) -- MEETING CANCELED --
  37. (H) FINANCE at 01:30 PM ADAMS 519
  38. (H) FIN
  39. (H) READ THE FIRST TIME - REFERRALS
  40. (S) VERSION: CSSB 86(FIN)
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