Maine · 132nd Legislature (2025-2026) · Bill

LD 1197: An Act To Update The Maine Money Transmission Modernization Act By Removing Provisions Of Law Regarding Unhosted Wallets

Did not advance Last action May 28, 2025: Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

Plain-language summary

LD 1197 is a bill introduced in the Maine Senate on March 20, 2025. According to its official title, it concerns: An Act To Update The Maine Money Transmission Modernization Act By Removing Provisions Of Law Regarding Unhosted Wallets. Primary sponsor: Joe Baldacci (Democratic). It lists 2 additional sponsors. Most recent recorded action (May 28, 2025): Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD).

Sponsors

Primary sponsor: Joe Baldacci (Democratic). 2 co-sponsors.