Alaska · 34th Legislature (2025-2026) · Bill
HB 99: An Act relating to the business of money transmission; relating to licenses for money transmission, licensure requirements, and registration through a nationwide multistate licensing system; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to exemptions to money transmission licensure requirements; relating to payroll processing services; relating to currency exchange licenses; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date.
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 99 is a bill introduced in the Alaska House on February 12, 2025. According to its official title, it concerns: An Act relating to the business of money transmission; relating to licenses for money transmission, licensure requirements, and registration through a nationwide multistate licensing system; relating to the use of virtual currency for money transmission; relating to authorized delegates of a licensee; relating to acquisition of control of a license; relating to record retention and reporting requirements; authorizing the Department of Commerce, Community, and Economic Development to cooperate with other states in the regulation of money transmission; relating to permissible investments; relating to violations and enforcement of money transmission laws; relating to exemptions to money transmission licensure requirements; relating to payroll processing services; relating to currency exchange licenses; amending Rules 79 and 82, Alaska Rules of Civil Procedure; and providing for an effective date. Primary sponsor: Zack Fields (Democratic). Most recent recorded action (May 6, 2025): (H) Minutes (HFIN).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Sponsors
Sponsors by party (alphabetical): Democratic 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Zack Fields | Primary sponsor | Democratic | House | 17 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- (H) Minutes (HFIN)
- (H) Heard & Held
- (H) FINANCE at 01:30 PM ADAMS 519
- (H) REFERRED TO FINANCE
- (H) FN1: (CED)
- (H) AM: NELSON
- (H) NR: CARRICK, COULOMBE
- (H) DP: BURKE, HALL, FIELDS
- (H) L&C RPT CS(L&C) 3DP 2NR 1AM
- (H) Minutes (HL&C)
- (H) LABOR & COMMERCE at 03:15 PM BARNES 124
- (H) Minutes (HL&C)
Showing 12 most recent of 27 actions. Full history