Alaska · 34

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.

Bill record: Open States bulk CSV (bills/votes) CC0-1.0

Summary AI-generated

Alaska SB 86 addresses the business of money transmission by establishing licensure requirements, registration through a nationwide multistate system, and rules for virtual currency use. The bill outlines provisions for authorized delegates, acquisition of control, record retention, reporting, permissible investments, and enforcement, while also amending specific Alaska Rules of Civil Procedure.

Software-generated, grounded only in the bill's own fields (it does not invent outcomes, amounts, or dates). Provenance: Open States bulk CSV (bills/votes) CC0-1.0 GovTally LLM enrichment (local oMLX)

Issue tags AI-classified

Classified by a local model from the bill's text; confidence shown. GovTally LLM enrichment (local oMLX)

Sponsors

Roll-call votes on this bill

QuestionChamberResultYeaNayOtherDateSource
(S) CONCUR AM OF (H) Y20 N- #2655 upper pass 0 0 0 May 15, 2026 Open States bulk CSV (bills/votes) CC0-1.0
Senate: Shall the Senate Concur in the House Amendment(s) to CSSB 86(FIN) Court… upper pass 19 0 0 May 15, 2026 LegiScan API LegiScan-ToS
(H) PASSED Y40 #2514 lower pass 0 0 0 May 12, 2026 Open States bulk CSV (bills/votes) CC0-1.0
House: Third Reading Final Passage lower pass 39 0 0 May 12, 2026 LegiScan API LegiScan-ToS
(S) PASSED Y17 N- E3 #1093 upper pass 0 0 0 May 2, 2025 Open States bulk CSV (bills/votes) CC0-1.0
Senate: Third Reading - Final Passage Court Rule(s) Effective Date(s) upper pass 14 0 3 May 2, 2025 LegiScan API LegiScan-ToS