Rhode Island · 2025 Regular Session · Bill
HB 5121: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 5121 is a bill introduced in the Rhode Island House on January 22, 2025. According to its official title, it concerns: AN ACT RELATING TO FINANCIAL INSTITUTIONS -- CURRENCY TRANSMISSIONS. Primary sponsor: Karen Alzate (Democratic), Katie Kazarian (Democratic), Brandon Voas (Democratic), Pat Serpa (Democratic), David Bennett (Democratic), Bill O'Brien (Democratic), Lauren Carson (Democratic), Earl Read (Democratic), Tom Noret (Democratic), Casimiro. Most recent recorded action (June 23, 2025): 06/23/2025 Signed by Governor.
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.
Creates a process for licensure and oversight by DBR over the practices and procedures of virtual currency kiosk operators to prevent fraud related to the use of virtual currency kiosks, by establishing daily transaction limits and the regulating of fees.
Sponsors
Sponsors by party (alphabetical): Democratic 9
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Karen Alzate | Primary sponsor | Democratic | House | 60 |
| Katie Kazarian | Primary sponsor | Democratic | House | 63 |
| Brandon Voas | Primary sponsor | Democratic | House | 57 |
| Pat Serpa | Primary sponsor | Democratic | House | 27 |
| David Bennett | Primary sponsor | Democratic | House | 20 |
| Bill O'Brien | Primary sponsor | Democratic | House | 54 |
| Lauren Carson | Primary sponsor | Democratic | House | 75 |
| Earl Read | Primary sponsor | Democratic | House | 26 |
| Tom Noret | Primary sponsor | Democratic | House | 25 |
| Casimiro | Primary sponsor | Not applicable (committee) | — | — |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- 06/23/2025 Signed by Governor
- 06/17/2025 Transmitted to Governor
- 06/17/2025 Senate passed Sub A in concurrence
- 06/13/2025 Placed on the Senate Consent Calendar (06/17/2025)
- 06/02/2025 Committee recommends passage of Sub A in concurrence
- 05/30/2025 Scheduled for consideration (06/02/2025)
- 05/02/2025 Referred to Senate Commerce
- 04/10/2025 House passed Sub A
- 04/04/2025 Placed on House Calendar (04/10/2025)
- 03/27/2025 Committee recommends passage of Sub A
- 03/25/2025 Proposed Substitute
- 03/25/2025 Scheduled for consideration (03/27/2025)
Showing 12 most recent of 17 actions. Full history