CS/HB 505: Virtual Currency Kiosks
GENERAL BILL by Commerce Committee ; Owen ; Daley ; (CO-INTRODUCERS) Alvarez, D. ; Miller ; Tendrich
Virtual Currency Kiosks; Revises definition of term "money transmitter" to include owners & operators of virtual currency kiosks; exempts owners & operators of virtual currency kiosks from license application fees & license renewal fees; requires owner or operator of virtual currency kiosk to ensure that specified disclosure is displayed before customer initiates virtual currency kiosk transaction; prohibits owner or operator of virtual currency kiosk from permitting new & existing customers to transact more than specified amount per calendar day; requires owner or operator of virtual currency kiosk to provide customer with specified electronic & paper receipt upon completion of virtual currency kiosk transaction; requires owner or operator of virtual currency kiosk to issue full refund of transaction fees under certain circumstances; authorizes FSC to adopt rules.
Last Action: 2/2/2026 House - Added to Second Reading Calendar
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/20/2025 | House |
• Filed |
| 11/24/2025 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 12/2/2025 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 12/9/2025 | House |
• Favorable by Insurance & Banking Subcommittee • Reported out of Insurance & Banking Subcommittee • Now in Commerce Committee |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 1/23/2026 | House |
• Added to Commerce Committee agenda |
| 1/27/2026 | House |
• Favorable with CS by Commerce Committee |
| 1/28/2026 | House |
• Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed |
| 1/29/2026 | House |
• 1st Reading (Committee Substitute 1) |
| 2/2/2026 | House |
• Bill referred to House Calendar • Added to Second Reading Calendar |
454065 - Amendment to Amendment (476503)