CS/CS/HB 955: Money Services Businesses
GENERAL BILL by Policy & Budget Council ; Jobs & Entrepreneurship Council ; Richter ; (CO-INTRODUCERS) Homan ; Hudson ; Zapata
Money Services Businesses; Expands scope of Money Transmitters Code to apply to all money services businesses rather than just to money transmitters; revises general provisions & provisions relating to payment instruments & monetary valuation transmissions, check cashing & foreign currency exchange, & deferred presentments; requires licensure rather than registration, etc.
Effective Date: 01/01/2009
Last Action: 4/24/2008 House - Placed on Special Order Calendar; Substituted CS/CS/CS/SB 2158; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/CS/SB 2158 (Ch. 2008-177) -HJ 00804
Bill Text: Web Page | PDF
Last Action: 4/24/2008 House - Placed on Special Order Calendar; Substituted CS/CS/CS/SB 2158; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/CS/SB 2158 (Ch. 2008-177) -HJ 00804
Bill Text: Web Page | PDF
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Bill History
Date Chamber Action 2/15/2008 House • Filed
2/28/2008 House • Referred to Jobs & Entrepreneurship Council; Policy & Budget Council
3/3/2008 House • Referred to Financial Institutions (JE) by Jobs & Entrepreneurship Council
3/4/2008 House • Introduced, referred to Jobs & Entrepreneurship Council; Policy & Budget Council -HJ 00075; Referred to Financial Institutions (JE) by Jobs & Entrepreneurship Council -HJ 00136
3/11/2008 House • On Committee agenda-- Financial Institutions (JE), 03/13/08, 9:00 am, 24-H
3/13/2008 House • Favorable with 1 amendment(s) by Financial Institutions (JE); YEAS 6 NAYS 0 -HJ 00293
3/14/2008 House • Now in Jobs & Entrepreneurship Council -HJ 00293
4/4/2008 House • On Council agenda-- Jobs & Entrepreneurship Council, 04/08/08, 1:30 pm, Morris Hall
4/8/2008 House • CS by Jobs & Entrepreneurship Council; YEAS 15 NAYS 0 -HJ 00430; CS read 1st time on 04/08/08 -HJ 00427; CS filed
4/9/2008 House • Now in Policy & Budget Council -HJ 00456; On Council agenda-- Policy & Budget Council, 04/10/08, 2:00 pm, 212-K -HJ 00486
4/10/2008 House • CS/CS by- Policy & Budget Council; YEAS 30 NAYS 0 -HJ 00516
4/14/2008 House • CS read 1st time on 04/14/08 -HJ 00509; CS filed
4/15/2008 House • Placed on Calendar -HJ 00525
4/24/2008 House • Placed on Special Order Calendar; Substituted CS/CS/CS/SB 2158; Laid on Table, Link/Iden/Sim/Compare passed, refer to CS/CS/CS/SB 2158 (Ch. 2008-177) -HJ 00804
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CS/CS/HB 955, Committee Substitute 2 (Current Bill Version) Posted 4/14/2008 at 8:56 AM
Bill Text: Web Page | PDF Analyses: Policy & Budget Council (Post-Meeting) (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location S 2158 (e2) Banking and Insurance Similar Last Action: 6/17/2008 Approved by Governor; Chapter No. 2008-177
Location:S 568 Money Transmitters' Code [EPCC] Constantine Compare Last Action: 5/2/2008 S Died in Committee on Banking and Insurance, Link/Iden/Sim/Compare passed, refer to CS/CS/CS/SB 2158 (Ch. 2008-177)
Location:Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 603061 - Amendment
Robaina 4/17/2008
6:47 PMWeb Page
PDFCitations - Statutes (74)
Citation Catchline Location in Bill Location In Bill Help 499.005 Prohibited acts. 499.0691 Criminal punishment for violations related to drugs; dissemination of false advertisement. 501.95 Gift certificates and credit memos. 538.03 Definitions; applicability. 560.101 Short title. 560.102 Purpose; application. 560.103 Definitions. 560.104 Exemptions. 560.105 Supervisory powers; rulemaking. 560.106 Construction; standards. 560.1073 False or misleading statements or supporting documents; penalty. 560.108 Administrative enforcement guidelines. 560.109 Investigations, subpoenas, hearings, and witnesses. 560.1091 560.1092 560.110 560.111 Prohibited acts and practices. 560.112 Procedures for disciplinary actions. 560.113 Injunctions. 560.114 Disciplinary actions. 560.1141 560.115 Surrender of registration. 560.116 Civil immunity. 560.117 Administrative fines; enforcement. 560.118 Examinations, reports, and internal audits; penalty. 560.119 Deposit of fees and assessments. 560.121 Records; limited restrictions upon public access. 560.123 Florida control of money laundering in the Money Transmitters' Code; reports of transactions involving currency or monetary instruments; when required; purpose; definitions; penalties; corpus delicti. 560.1235 560.124 Sharing of information. 560.125 Money transmitter business by unauthorized persons; penalties. 560.126 Significant events; notice required. 560.127 Control of a money transmitter. 560.128 Consumer disclosure. 560.129 Confidentiality. 560.140 560.141 560.142 560.143 560.144 560.200 Short title. 560.202 Definitions. 560.203 Exemptions. 560.204 Requirement of registration. 560.205 Qualifications of applicant for registration; contents. 560.206 Investigation of applicants. 560.207 Renewal of registration; registration fee. 560.208 Conduct of business. 560.2085 560.209 Net worth; corporate surety bond; collateral deposit in lieu of bond. 560.210 Permissible investments. 560.211 Records. 560.212 Financial liability. 560.213 Payment instrument information. 560.301 Short title. 560.302 Definitions. 560.303 Requirement of registration. 560.304 Exceptions to registration. 560.305 Application. 560.306 Standards. 560.307 Fees. 560.308 Registration terms; renewal; renewal fees. 560.309 Rules. 560.310 Records of check cashers and foreign currency exchangers. 560.401 Short title. 560.402 Definitions. 560.403 Requirements of registration; declaration of intent. 560.404 Requirements for deferred presentment transactions. 560.405 Deposit; redemption. 560.406 Worthless checks. 560.407 Records. 896.101 Florida Money Laundering Act; definitions; penalties; injunctions; seizure warrants; immunity. 896.104 Structuring transactions to evade reporting or registration requirements prohibited. 921.0022 Criminal Punishment Code; offense severity ranking chart. -
CS/HB 955, Committee Substitute 1 Posted 4/8/2008 at 6:53 PM
Bill Text: Web Page | PDF Analyses: Jobs & Entrepreneurship Council (Post-Meeting) (pdf)
Policy & Budget Council (Post-Meeting) (pdf)
Citations - Statutes (74)
Citation Catchline Location in Bill Location In Bill Help 499.005 Prohibited acts. 499.0691 Criminal punishment for violations related to drugs; dissemination of false advertisement. 501.95 Gift certificates and credit memos. 538.03 Definitions; applicability. 560.101 Short title. 560.102 Purpose; application. 560.103 Definitions. 560.104 Exemptions. 560.105 Supervisory powers; rulemaking. 560.106 Construction; standards. 560.1073 False or misleading statements or supporting documents; penalty. 560.108 Administrative enforcement guidelines. 560.109 Investigations, subpoenas, hearings, and witnesses. 560.1091 560.1092 560.110 560.111 Prohibited acts and practices. 560.112 Procedures for disciplinary actions. 560.113 Injunctions. 560.114 Disciplinary actions. 560.1141 560.115 Surrender of registration. 560.116 Civil immunity. 560.117 Administrative fines; enforcement. 560.118 Examinations, reports, and internal audits; penalty. 560.119 Deposit of fees and assessments. 560.121 Records; limited restrictions upon public access. 560.123 Florida control of money laundering in the Money Transmitters' Code; reports of transactions involving currency or monetary instruments; when required; purpose; definitions; penalties; corpus delicti. 560.1235 560.124 Sharing of information. 560.125 Money transmitter business by unauthorized persons; penalties. 560.126 Significant events; notice required. 560.127 Control of a money transmitter. 560.128 Consumer disclosure. 560.129 Confidentiality. 560.140 560.141 560.142 560.143 560.144 560.200 Short title. 560.202 Definitions. 560.203 Exemptions. 560.204 Requirement of registration. 560.205 Qualifications of applicant for registration; contents. 560.206 Investigation of applicants. 560.207 Renewal of registration; registration fee. 560.208 Conduct of business. 560.2085 560.209 Net worth; corporate surety bond; collateral deposit in lieu of bond. 560.210 Permissible investments. 560.211 Records. 560.212 Financial liability. 560.213 Payment instrument information. 560.301 Short title. 560.302 Definitions. 560.303 Requirement of registration. 560.304 Exceptions to registration. 560.305 Application. 560.306 Standards. 560.307 Fees. 560.308 Registration terms; renewal; renewal fees. 560.309 Rules. 560.310 Records of check cashers and foreign currency exchangers. 560.401 Short title. 560.402 Definitions. 560.403 Requirements of registration; declaration of intent. 560.404 Requirements for deferred presentment transactions. 560.405 Deposit; redemption. 560.406 Worthless checks. 560.407 Records. 896.101 Florida Money Laundering Act; definitions; penalties; injunctions; seizure warrants; immunity. 896.104 Structuring transactions to evade reporting or registration requirements prohibited. 921.0022 Criminal Punishment Code; offense severity ranking chart. -
HB 955, Original Filed Version Posted 2/15/2008 at 12:51 PM
Bill Text: Web Page | PDF Analyses: Committee on Financial Institutions (Post-Meeting) (pdf)
Committee on Financial Institutions (Post-Meeting) (pdf)
Citations - Statutes (72)
Citation Catchline Location in Bill Location In Bill Help 499.005 Prohibited acts. 499.0691 Criminal punishment for violations related to drugs; dissemination of false advertisement. 501.95 Gift certificates and credit memos. 538.03 Definitions; applicability. 560.101 Short title. 560.102 Purpose; application. 560.103 Definitions. 560.104 Exemptions. 560.105 Supervisory powers; rulemaking. 560.106 Construction; standards. 560.1073 False or misleading statements or supporting documents; penalty. 560.108 Administrative enforcement guidelines. 560.109 Investigations, subpoenas, hearings, and witnesses. 560.1091 560.110 560.111 Prohibited acts and practices. 560.112 Procedures for disciplinary actions. 560.113 Injunctions. 560.114 Disciplinary actions. 560.115 Surrender of registration. 560.116 Civil immunity. 560.117 Administrative fines; enforcement. 560.118 Examinations, reports, and internal audits; penalty. 560.119 Deposit of fees and assessments. 560.121 Records; limited restrictions upon public access. 560.123 Florida control of money laundering in the Money Transmitters' Code; reports of transactions involving currency or monetary instruments; when required; purpose; definitions; penalties; corpus delicti. 560.1235 560.124 Sharing of information. 560.125 Money transmitter business by unauthorized persons; penalties. 560.126 Significant events; notice required. 560.127 Control of a money transmitter. 560.128 Consumer disclosure. 560.129 Confidentiality. 560.140 560.141 560.142 560.143 560.144 560.200 Short title. 560.202 Definitions. 560.203 Exemptions. 560.204 Requirement of registration. 560.205 Qualifications of applicant for registration; contents. 560.206 Investigation of applicants. 560.207 Renewal of registration; registration fee. 560.208 Conduct of business. 560.2085 560.209 Net worth; corporate surety bond; collateral deposit in lieu of bond. 560.210 Permissible investments. 560.211 Records. 560.212 Financial liability. 560.213 Payment instrument information. 560.301 Short title. 560.302 Definitions. 560.303 Requirement of registration. 560.304 Exceptions to registration. 560.305 Application. 560.306 Standards. 560.307 Fees. 560.308 Registration terms; renewal; renewal fees. 560.309 Rules. 560.310 Records of check cashers and foreign currency exchangers. 560.401 Short title. 560.402 Definitions. 560.403 Requirements of registration; declaration of intent. 560.404 Requirements for deferred presentment transactions. 560.405 Deposit; redemption. 560.406 Worthless checks. 560.407 Records. 896.101 Florida Money Laundering Act; definitions; penalties; injunctions; seizure warrants; immunity. 896.104 Structuring transactions to evade reporting or registration requirements prohibited. 921.0022 Criminal Punishment Code; offense severity ranking chart.