CS/SB 662 -  Virtual Currency Kiosk Businesses

General Bill by Banking and Insurance and 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 Event: 03/08/24 S Died in Fiscal Policy on Friday, March 8, 2024 2:25 PM

Referred Committees and Committee Actions

Senate Referrals

  • Banking and Insurance
    • On agenda for: 01/22/24 4:00 PM
    • Favorable With Committee Substitute (final action) Votes: Yeas 9   Nays 0
  • Appropriations Committee on Agriculture, Environment, and General Government
    • On agenda for: 02/13/24 8:30 AM
    • Favorable (final action) Votes: Yeas 10   Nays 0
  • Fiscal Policy

Related Bills

Bill # Subject Relationship
Bill #: SB 1182 Subject: Fees/Virtual Currency Kiosk Business Relationship: Linked
Bill #: HB 977 Subject: Virtual Currency Kiosk Businesses Relationship: Similar
Bill #: HB 1059 Subject: Fees/Virtual Currency Kiosks Relationship: Compare

Bill Text

  • Committee Substitute 1
  • Original Filed Version
    • D 742132 , Banking and Insurance, Burton Date Filed: 01/19/24, Line#: 0 Senate(c): Replaced by Committee Substitute 01/23/2024 06:18 PM
    • AA 555140 , Banking and Insurance, Burton Date Filed: 01/22/24, Line#: 112 Senate(c): Replaced by Committee Substitute 01/23/2024 06:18 PM

Staff Analysis

Chamber Committee
Chamber: Senate Committee: Appropriations Committee on Agriculture, Environment, and General Government 2/13/2024 11:39:18 AM
Chamber: Senate Committee: Appropriations Committee on Agriculture, Environment, and General Government 2/12/2024 9:01:38 AM
Chamber: Senate Committee: Banking and Insurance 1/23/2024 6:18:47 PM
Chamber: Senate Committee: Banking and Insurance 1/19/2024 3:53:34 PM

Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: S Died in Fiscal Policy Time: 03/08/2024 - 2:25 PM Member: Committee: Fiscal Policy Version: c1
Event: S Now in Fiscal Policy Time: 02/13/2024 - 11:50 AM Member: Committee: Fiscal Policy Version: c1
Event: S Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 10 NAYS 0 Time: 02/13/2024 - 10:20 AM Member: Committee: Appropriations Committee on Agriculture, Environment, and General Government Version: c1
Event: S On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/13/24, 8:30 am, 110 Senate Building Time: 02/08/2024 - 3:54 PM Member: Committee: Appropriations Committee on Agriculture, Environment, and General Government Version: c1
Event: S CS by Banking and Insurance read 1st time Time: 01/24/2024 - 5:08 PM Member: Committee: Banking and Insurance Version: c1
Event: S Now in Appropriations Committee on Agriculture, Environment, and General Government Time: 01/24/2024 - 8:54 AM Member: Committee: Appropriations Committee on Agriculture, Environment, and General Government Version: c1
Event: S Pending reference review under Rule 4.7(2) - (Committee Substitute) Time: 01/24/2024 - 8:29 AM Member: Committee: Banking and Insurance Version: __
Event: S CS by Banking and Insurance; YEAS 9 NAYS 0 Time: 01/22/2024 - 5:56 PM Member: Committee: Banking and Insurance Version: __
Event: S On Committee agenda-- Banking and Insurance, 01/22/24, 4:00 pm, 412 Knott Building Time: 01/17/2024 - 2:35 PM Member: Committee: Banking and Insurance Version: __
Event: S Introduced Time: 01/09/2024 - 9:37 AM Member: Committee: Version: __
Event: S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy Time: 12/13/2023 - 9:01 AM Member: Committee: Banking and Insurance Version: __
Event: S Filed Time: 12/01/2023 - 3:10 PM Member: Committee: Version: __

Statutes Referenced by this Bill

Statute Other Bill Citations
560.103 SB 74, HB 977, HB 7029
560.105 HB 977
560.501 HB 977
560.502 HB 977, HB 1059
560.503 HB 977, SB 1182
560.504 HB 977
560.505 HB 977
560.506 HB 977