Did not become law. It stopped in the House of Representatives on March 24, 2025. The 2025 session has ended.
2025 Regular Session
House Bill 6991
AN ACT CONCERNING DEFINITIONS APPLICABLE TO THE MONEY TRANSMISSION STATUTES AND SOLICITATIONS AND ADVERTISEMENTS BY MONEY TRANSMISSION LICENSEES.
What it does
The synopsis the General Assembly published with the bill.
To (1) define "digital wallet" and redefine "money transmission" and "stored value" for the purposes of the money transmission statutes, and (2) provide that no solicitation or advertisement by a money transmission licensee shall include any statement or claim that funds deposited with such licensee are eligible for Federal Deposit Insurance Corporation protections.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
Its course
February 19 to March 24, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action9 actions on 5 days
In the House of RepresentativesFeb 19 to Mar 24 · stopped33 days
Banking CommitteeFeb 19 to Mar 615 days
Text
Each version as the General Assembly printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the General Assembly published it is below.
In the House of Representatives Feb 19 – Mar 6
- Feb 19Introduced and sent to Banking Committee
- Feb 20Heard in Banking Committee
- Mar 6Banking Committee recommended it
All 9 actions, as published
- Feb 19REF. TO JOINT COMM. ONBoth houses
- Feb 20PUBLIC HEARINGBoth houses
- Mar 6Joint FavorableBoth houses
- Mar 6FILED WITH LCOBoth houses
- Mar 17REFERRED TO OLR, OFABoth houses
- Mar 24RPTD. OUT OF LCOBoth houses
- Mar 24FAV. RPT., TABLED FOR HOUSE CALENDARHouse of Representatives
- Mar 24HOUSE CALENDAR NUMBERHouse of Representatives
- Mar 24FILE NO.Both houses