ConnecticutHB 069912025 Regular SessionHouse

AN ACT CONCERNING DEFINITIONS APPLICABLE TO THE MONEY TRANSMISSION STATUTES AND SOLICITATIONS AND ADVERTISEMENTS BY MONEY TRANSMISSION LICENSEES.

Sponsored By: Banking Committee

Failed

Summary

To (1) define "digital wallet" and redefine "money transmission" and "stored value" for the purposes of the money transmission statutes, and (2) provide that no solicitation or advertisement by a money transmission licensee shall include any statement or claim that funds deposited with such licensee are eligible for Federal Deposit Insurance Corporation protections.

banking

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Banking Committee

    Affiliation unavailable

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 12 • No: 0

House vote • 3/6/2025

BA Vote Tally Sheet (Joint Favorable)

Yes: 12 • No: 0

Actions Timeline

  1. File Number 194

    3/24/2025legislature
  2. House Calendar Number 147

    3/24/2025House
  3. Favorable Report, Tabled for the Calendar, House

    3/24/2025House
  4. Reported Out of Legislative Commissioners' Office

    3/24/2025legislature
  5. Referred to Office of Legislative Research and Office of Fiscal Analysis 03/24/25 12:00 PM

    3/17/2025legislature
  6. Filed with Legislative Commissioners' Office

    3/6/2025legislature
  7. Joint Favorable

    3/6/2025legislature
  8. Public Hearing 02/27

    2/20/2025legislature
  9. Referred to Joint Committee on Banking

    2/19/2025legislature

Bill Text

  • File No. 194

    3/24/2025

  • BA Joint Favorable

    3/6/2025

  • Raised Bill

    2/19/2025

  • BA Joint Fav. Rpt

  • BA Vote Tally Sheet (Joint Favorable)

  • Bill Analysis For File Copy 194

  • Fiscal Note For File Copy 194

Related Bills

Back to State Legislation