l9n/ Connecticut

2025 Regular Session

House Bill 7082

AN ACT CONCERNING VARIOUS REVISIONS TO THE MONEY TRANSMISSION STATUTES, STATE PAYMENTS AND INVESTMENTS IN VIRTUAL CURRENCY AND MINORS' MONEY SHARING APPLICATION ACCOUNTS.

Became law as Public Act 25-66, signed June 30, 2025, 123 days after it was filed.

What it does

The synopsis the General Assembly published with the bill.

To (1) define "virtual currency control services vendor", (2) establish requirements for virtual currency money transmission licensees concerning (A) disclosures, (B) receipts, (C) the use of virtual currency under the control of such licensees, and (D) the engagement of other persons to store or hold custody or control of virtual currency for or on behalf of a customer, (3) establish that certain virtual currency held by such licensees shall be deemed to be property interests of any claimants against such licensees, and (4) prohibit the state, and political subdivisions of the state, from (A) accepting or requiring payment in the form of virtual currency, or (B) purchasing, holding, investing in or establishing a reserve of virtual currency.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

2 co-sponsors

Kenneth Gucker, Jason Doucette

In the Senate

    2 co-sponsors

    Patricia Billie Miller, Matthew L. Lesser

    Its course

    February 27 to June 30, 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 action28 actions on 12 days

    In the House of RepresentativesFeb 27 to May 1476 days

    Banking CommitteeFeb 27 to Mar 1112 days

    In the SenateMay 14 to May 3016 days

    Back in the House of RepresentativesMay 30 to Jun 1011 days

    Waiting to be sentJun 10 to Jun 166 days

    With the GovernorJun 16 to Jun 3014 days

    Amendments

    Each amendment offered, and what became of it.

    • House of Representatives floor amendmentAdopted

      Adopted May 14 · Adopted May 29

    • Senate floor amendmentAdopted

      Adopted May 29 · House of Representatives agreed May 30

    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 27 – May 14

    1. Introduced and sent to Banking Committee
    2. Heard in Banking Committee
    3. Banking Committee recommended it
    4. The House of Representatives adopted House of Representatives Amendment A
    5. Passed the House of Representatives with House of Representatives Amendment A

    In the Senate May 16 – May 30

    1. Arrived in the Senate
    2. The Senate adopted House of Representatives Amendment A
    3. The Senate adopted Senate Amendment A
    4. Passed the Senate with House of Representatives Amendment A

    Back in the House of Representatives May 29 – Jun 10

    1. Passed the Senate with Senate Amendment A
    2. Sent to the House of Representatives
    3. The House of Representatives agreed to Senate Amendment A
    4. Passed the House of Representatives with House of Representatives Amendment A
    5. Passed the House of Representatives with Senate Amendment A
    6. Numbered Public Act 25-66

    To the Governor Jun 16 – Jun 30

    1. Sent to the Secretary of the State
    2. Sent to the Governor
    3. Signed by the Governor
    All 28 actions, as published