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Glossary of Legislative Terms

CS/SB 662: Virtual Currency Kiosk Businesses

GENERAL BILL by Banking and Insurance ; Burton

Virtual Currency Kiosk Businesses; Requiring the Office of Financial Regulation of the Financial Services Commission to supervise virtual currency kiosk businesses; prohibiting a virtual currency kiosk business from operating without registering or renewing its registration in accordance with certain provisions; providing criminal penalties for certain entities that operate or solicit business as a virtual currency kiosk business under certain circumstances; providing criminal penalties for persons who register or attempt to register as a virtual currency kiosk business by certain means; specifying application requirements for registering as a virtual currency kiosk business, etc.

Effective Date: Except as otherwise expressly provided in this act, this act shall take effect January 1, 2025
 Last Action: 3/8/2024 Senate - Died in Fiscal Policy
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)

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  • Bill History

    Date Chamber Action
    12/1/2023 Senate • Filed
    12/13/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
    1/9/2024 Senate • Introduced
    1/17/2024 Senate • On Committee agenda-- Banking and Insurance, 01/22/24, 4:00 pm, 412 Knott Building
    1/22/2024 Senate • CS by Banking and Insurance; YEAS 9 NAYS 0
    1/24/2024 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Appropriations Committee on Agriculture, Environment, and General Government
    • CS by Banking and Insurance read 1st time
    2/8/2024 Senate • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/13/24, 8:30 am, 110 Senate Building
    2/13/2024 Senate • Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0
    • Now in Fiscal Policy
    3/8/2024 Senate • Died in Fiscal Policy

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  • CS/SB 662, Committee Substitute 1 (Current Bill Version) Posted 1/24/2024 at 8:30 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations Committee on Agriculture, Environment, and General Government (Pre-Meeting) 2/12/2024 (pdf)
    Appropriations Committee on Agriculture, Environment, and General Government (Post-Meeting) 2/13/2024 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1182 Fees/Virtual Currency Kiosk Business Burton Linked Last Action: 3/8/2024 S Died in Banking and Insurance Track This Bill
    H 977 Virtual Currency Kiosk Businesses Steele, Daley Similar Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee Track This Bill
    H 1059 Fees/Virtual Currency Kiosks Steele Compare Last Action: 1/9/2024 H Withdrawn prior to introduction Track This Bill

    Committee Votes (1)

    Date Committee Result
    2/13/2024 8:30 AM Appropriations Committee on Agriculture, Environment, and General Government 10 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    560.103 Definitions. Page 3 (pdf)
    560.105 Supervisory powers; rulemaking. Page 5 (pdf)
    560.501 Page 6 (pdf)
    560.502 Page 6 (pdf)
    560.503 Page 7 (pdf)
    560.504 Page 11 (pdf)
    560.505 Page 15 (pdf)
    560.506 Page 15 (pdf)

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  • SB 662, Original Filed Version Posted 12/1/2023 at 3:10 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/19/2024 (pdf)
    Banking and Insurance (Post-Meeting) 1/23/2024 (pdf)

    Related Bills (3)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1182 Fees/Virtual Currency Kiosk Business Burton Linked Last Action: 3/8/2024 S Died in Banking and Insurance Track This Bill
    H 977 Virtual Currency Kiosk Businesses Steele, Daley Similar Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee Track This Bill
    H 1059 Fees/Virtual Currency Kiosks Steele Compare Last Action: 1/9/2024 H Withdrawn prior to introduction Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    742132 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Burton)     		1/19/2024
    2:16 PM     		Replaced by Committee Substitute
    1/23/2024     		Web Page
    PDF
    hierarchy 555140 - Amendment to Amendment (742132)
    Delete lines 112 - 117 and insert:     		Banking and Insurance
    (Burton)     		1/22/2024
    12:23 PM     		Replaced by Committee Substitute
    1/23/2024     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/22/2024 4:00 PM Banking and Insurance 9 Yeas - 0 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    560.103 Definitions. Page 3 (pdf)
    560.105 Supervisory powers; rulemaking. Page 4 (pdf)
    560.501 Page 4 (pdf)
    560.502 Page 4 (pdf)
    560.503 Page 6 (pdf)
    560.504 Page 9 (pdf)
    560.505 Page 13 (pdf)
    560.506 Page 13 (pdf)

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