Introduced
by
To require licensure and regulation of retail money transmission service businesses, which are generally storefront shops where a person can wire money. This would not apply to banks, security dealers, the post office, etc.
Referred to the Committee on Banking and Financial Services
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.
The substitute passed by voice vote
Passed in the House 98 to 6 (details)
Referred to the Committee on Banking and Financial Institutions
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 38 to 0 (details)
To require licensure and regulation of retail money transmission service businesses, which are generally storefront shops where a person can wire money. This would not apply to banks, security dealers, the post office, etc.
