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Massachusetts · 194th Legislature (2025-2026) · Bill

H 1247: An Act relative to preventing fraud and establishing regulations on certain virtual currencies

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

H 1247 is a bill introduced in the Massachusetts House on February 27, 2025. According to its official title, it concerns: An Act relative to preventing fraud and establishing regulations on certain virtual currencies. It lists 30 additional sponsors. Most recent recorded action (February 9, 2026): Committee recommended ought to pass and referred to the committee on House Ways and Means.

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

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

By Representatives Lipper-Garabedian of Melrose and Stanley of Waltham, a petition (accompanied by bill, House, No. 1247) of Kate Lipper-Garabedian, Thomas M. Stanley and others relative to regulations on certain virtual currencies. Financial Services.

Sponsors

Sponsors by party (alphabetical): Democratic 26 · Independent 1 · Republican 3

NameRolePartyChamberDistrict
James Arena-DeRosaCo-sponsorDemocraticHouse8th Middlesex
Jenny ArminiCo-sponsorDemocraticHouse8th Essex
Pat DuffyCo-sponsorDemocraticHouse5th Hampden
Jamie EldridgeCo-sponsorDemocraticSenateMiddlesex and Worcester
Ryan FattmanCo-sponsorRepublicanSenateWorcester and Hampden
Lisa FieldCo-sponsorDemocraticHouse3rd Bristol
Colleen GarryCo-sponsorDemocraticHouse36th Middlesex
Carmine GentileCo-sponsorDemocraticHouse13th Middlesex
Jessica GianninoCo-sponsorDemocraticHouse16th Suffolk
Natalie HigginsCo-sponsorDemocraticHouse4th Worcester
Tara HongCo-sponsorDemocraticHouse18th Middlesex
Brad JonesCo-sponsorRepublicanHouse20th Middlesex
Kristin KassnerCo-sponsorDemocraticHouse2nd Essex
Patrick KearneyCo-sponsorDemocraticHouse4th Plymouth
Sally KeransCo-sponsorDemocraticHouse13th Essex
Jason LewisCo-sponsorDemocraticSenateFifth Middlesex
Kate Lipper-GarabedianCo-sponsorDemocraticHouse32nd Middlesex
Joan LovelyCo-sponsorDemocraticSenateSecond Essex
Adrian MadaroCo-sponsorDemocraticHouse1st Suffolk
Sam MontañoCo-sponsorDemocraticHouse15th Suffolk
Brian MurrayCo-sponsorDemocraticHouse10th Worcester
Steve OwensCo-sponsorDemocraticHouse29th Middlesex
Sean ReidCo-sponsorDemocraticHouse11th Essex
Lindsay SabadosaCo-sponsorDemocraticHouse1st Hampshire
Aaron SaundersCo-sponsorDemocraticHouse7th Hampden
Tom StanleyCo-sponsorDemocraticHouse9th Middlesex
Bruce TarrCo-sponsorRepublicanSenateFirst Essex and Middlesex
Erika UyterhoevenCo-sponsorDemocraticHouse27th Middlesex
Richard WellsCo-sponsorDemocraticHouse7th Norfolk
Susannah WhippsCo-sponsorIndependentHouse2nd Franklin

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Committee recommended ought to pass and referred to the committee on House Ways and Means
  2. Bill reported favorably by committee and referred to the committee on Rules of the two branches, acting concurrently
  3. Hearing rescheduled to 10/07/2025 from 10:30 AM-01:10 PM in A-2 and Virtual Hearing updated to New End Time
  4. Hearing scheduled for 10/07/2025 from 10:30 AM-01:00 PM in A-2
  5. Senate concurred
  6. Referred to the committee on Financial Services

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source