Alaska Upper May 2, 2025

(S) PASSED Y17 N- E3 #1093

17 yes 0 no 3 present

pass

The Alaska Upper voted 17 to 0 on May 2, 2025. 100% of members voting cast a yes vote. The bill's recorded status after this vote is "(S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER".

The bill

SB 86: 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.

How each member voted

Official source

Official roll call record

Last updated September 2, 2026.