StateAlaska

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.

Jesse KiehlIntroduced

SB 86 status: Introduced — (S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER (updated Jul 16, 2026).

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What this bill does

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Bill summary

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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 acqui...

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Where it stands

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Introduced

Current

(S) EFFECTIVE DATE(S) OF LAW SEE CHAPTER

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Committee

Upcoming
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Floor

Upcoming
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Governor

Upcoming
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Enacted

Upcoming
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