HB 43: Anti-money laundering.
HB 43 status: Enacted — Assigned Chapter Number 89 (updated Mar 8, 2026).
What this bill does
Overall score
Bill summary
OfficialThis act creates the criminal offenses of money laundering and illegal investment as follows:The offense of money laundering includes transporting, possessing, directing, organizing, financing, planning, managing, supervising or engaging in transactions involving property that a person knows or reasonably should know i...
Key analysis
Impact analysis
Environment
Benefits
- No direct impact on environmental policy.
Risks
- No direct impact on environmental policy.
Economy
Benefits
- Enhances financial system integrity.
- Aligns state law with federal reporting expectations.
Risks
- Potential increased compliance costs for non-exempted financial entities.
- Risk of unintended prosecution for legitimate business errors.
Society
Benefits
- Provides tools for state-level criminal prosecution of financial crimes.
- Deters organized financial exploitation.
Risks
- Increases reliance on felony sentencing for financial conduct.
- Potential for disparate impact in enforcement.
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
The 'reasonably should know' standard for intent may lead to prosecutorial ambiguity.
Analysis based on abstract; full legal definitions of criminal activity are unavailable.
Where it stands
Introduced
CompleteCommittee
CompleteFloor
CompleteGovernor
CompleteEnacted
CompleteHow it affects your district
Set your location
Add your district to see how this bill may affect your community and who to contact.
Take action
Contact your representatives
Let them know how you feel about this bill.
Share your view
Join the discussion and see what others are saying.
Track this bill
Stay updated on progress and changes.