HawaiiSB 23872025–2026 Regular Session (Year 2)Senate

RELATING TO DIGITAL FINANCIAL ASSET TRANSACTION KIOSKS.

Sponsored By: Brandon J.C. Elefante (Democratic)

Passed

Summary

Establishes limits on transactions through digital financial asset transaction kiosks. Prohibits (1) the exchanging of United States currency, in an amount greater than $100, from new customers for digital financial assets; (2) any two customers from transacting to the same digital financial asset wallet address; and (3) beginning 1/1/2030, the exchange of United States currency from customers for digital financial assets. Requires operators of digital financial asset transaction kiosks to use blockchain analytics and tracing software to prevent fraud; make certain disclosures; provide receipts to customers; provide full refunds under certain circumstances; and provide live customer service and a dedicated communications line for the Attorney General, Office of Consumer Protection, Department of Law Enforcement, and county police departments. Effective 7/1/3000. (HD2)

OCPDLEPoliceDigital Financial Asset Transaction KiosksCryptocurrencyOperatorsLimitsWallet PinningProhibitionFraud PreventionDisclosuresReceiptsRefundsCPC, JHA, FIN

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Brandon J.C. Elefante

    Democratic • Senate

Cosponsors

  • Stanley Chang

    Democratic • Senate

  • Lynn DeCoite

    Democratic • Senate

  • Kurt Fevella

    Republican • Senate

  • Carol Fukunaga

    Democratic • Senate

  • Troy N. Hashimoto

    Democratic • Senate

  • Lorraine R. Inouye

    Democratic • Senate

  • Jarrett Keohokalole

    Democratic • Senate

  • Rachele Lamosao

    Democratic • Senate

  • Karl Rhoads

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 161 • No: 9

House vote 4/14/2026

House Floor Vote

Yes: 44 • No: 7

House vote 4/1/2026

The committee on JHA recommend that the measure be PASSED, WITH AMENDMENTS. The ...

Yes: 8 • No: 0

House vote 3/30/2026

Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA...

Yes: 46 • No: 1

House vote 3/18/2026

The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The ...

Yes: 10 • No: 1

Senate vote 3/10/2026

Senate Floor Vote

Yes: 25 • No: 0

Senate vote 3/4/2026

The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The...

Yes: 13 • No: 0

Senate vote 3/4/2026

The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The...

Yes: 5 • No: 0

Senate vote 2/6/2026

The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 5 • No: 0

Senate vote 2/6/2026

The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENT...

Yes: 5 • No: 0

Actions Timeline

  1. Re-referred to CPC, JHA, FIN, referral sheet 30

    4/20/2026House
  2. House Conferees Appointed: Matayoshi, Tarnas, Yamashita Co-Chairs; Pierick.

    4/20/2026House
  3. Received notice of appointment of House conferees (Hse. Com. No. 787).

    4/20/2026Senate
  4. Received from House (Hse. Com. No. 653).

    4/16/2026Senate
  5. Senate disagrees with House amendments.

    4/16/2026Senate
  6. Received notice of disagreement (Sen. Com. No. 710).

    4/16/2026House
  7. Passed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Cochran, Garcia, Gedeon, Matsumoto, Muraoka, Pierick, Shimizu voting no (7) and none excused (0). Transmitted to Senate.

    4/14/2026House
  8. Deferred one day 04-14-26.

    4/10/2026House
  9. Reported from JHA (Stand. Com. Rep. No. 1828-26) as amended in HD 2, recommending passage on Third Reading.

    4/8/2026House
  10. Forty-eight (48) hours notice Friday, 04-10-26.

    4/8/2026House
  11. The committee on JHA recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Tarnas, Poepoe, Belatti, Kahaloa, Takayama; Ayes with reservations: Representative(s) Cochran, Garcia, Shimizu; 0 Noes: none; and 2 Excused: Representative(s) Hashem, Sayama.

    4/1/2026House
  12. Reported from CPC (Stand. Com. Rep. No. 1481-26) as amended in HD 1, recommending passage on Second Reading and referral to JHA.

    3/30/2026House
  13. Passed Second Reading as amended in HD 1 and referred to the committee(s) on JHA with Representative(s) Garcia, Shimizu voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran, Lowen, Perruso, Quinlan excused (4).

    3/30/2026House
  14. Bill scheduled to be heard by JHA on Wednesday, 04-01-26 2:00PM in House conference room 325 VIA VIDEOCONFERENCE.

    3/30/2026House
  15. The committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam; Ayes with reservations: none; 1 Noes: Representative(s) Pierick; and Excused: none.

    3/18/2026House
  16. Bill scheduled to be heard by CPC on Wednesday, 03-18-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.

    3/16/2026House
  17. Pass First Reading

    3/12/2026House
  18. Referred to CPC, JHA, referral sheet 17

    3/12/2026House
  19. Report adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.

    3/10/2026Senate
  20. Received from Senate (Sen. Com. No. 224) in amended form (SD 1).

    3/10/2026House
  21. Reported from JDC/WAM (Stand. Com. Rep. No. 3036) with recommendation of passage on Third Reading.

    3/6/2026Senate
  22. One Day Notice 03-10-26.

    3/6/2026Senate
  23. The committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    3/4/2026Senate
  24. The committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

    3/4/2026Senate
  25. The committee(s) on JDC/WAM will hold a public decision making on 03-04-26 10:35AM; Conference Room 211 & Videoconference.

    3/2/2026Senate

Bill Text

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