# New Jersey A2265: Revises "New Jersey Money Transmitters Act"; provides consumer protections; increases reporting and record keeping requirements.

New Jersey A2265, Revises "New Jersey Money Transmitters Act"; provides consumer protections; increases reporting and record keeping requirements., is a 220th Legislature (2024-2025) House bill sponsored by Robert J. Karabinchak (Democratic), Yvonne Lopez (Democratic); status failed, last action 2024-05-06 (Received in Senate, Referred to Senate Commerce Committee) (as of 2026-10-17).

- Canonical: https://policyrisk.com/state-bill/NJ-A2265-2024-2025
- As of: 2026-10-17
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: New Jersey A2265
- State: New Jersey
- Session: 220th Legislature (2024-2025)
- Title: Revises "New Jersey Money Transmitters Act"; provides consumer protections; increases reporting and record keeping requirements.
- Status: failed
- Chamber: House
- Introduced: 2024-01-09
- Last action: 2024-05-06, Received in Senate, Referred to Senate Commerce Committee
- Sponsors: Robert J. Karabinchak (Democratic), Yvonne Lopez (Democratic)
- Cosponsors: 2
- Touches household money: no
- Roll calls: 1 (49 yes, 24 no in all)
- Economic provisions PRIA read: 0

## Summary

No summary available.

## Bill overview

No economic impacts identified for this bill.

## Sponsors and cosponsors

- Sponsor: Robert J. Karabinchak (Democratic), House
- Sponsor: Yvonne Lopez (Democratic), House
- Cosponsor: Rosaura Bagolie (Democratic), House
- Cosponsor: Shanique Speight (Democratic), House

## Roll call votes

| Date | Chamber | Motion | Result | Yes | No | Other |
| --- | --- | --- | --- | --- | --- | --- |
| 2024-04-15 | House | 3RDG FINAL PASSAGE | pass | 49 | 24 |   |

## Actions (5)

- 2024-05-06: Received in Senate, Referred to Senate Commerce Committee (Senate)
- 2024-04-15: Passed Assembly — (49-24-0) (House)
- 2024-03-14: Reported, 2nd Reading in Assembly (House)
- 2024-02-22: Reported, Referred to Assembly Appropriations Committee (House)
- 2024-01-09: Introduced, 1st Reading in Assembly, Referred to Assembly Financial Institutions and Insurance Committee (House)

## Bill text

- Assembly Financial Institutions and Insurance (2/22/24 TR), 2024-04-16: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_T1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_T1.PDF)
- Assembly Appropriations Substitute (3/14/24), 2024-03-15: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S2.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S2.PDF)
- 3/14/24; as introduced, 2024-03-14: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_E1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_E1.PDF)
- As Introduced, 2024-02-23: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_I1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_I1.PDF)
- Assembly Financial Institutions and Insurance Substitute (2/22/24), 2024-02-23: [HTML](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S1.HTM), [PDF](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S1.PDF)

## Related bills

- S4928: Requires payment of prevailing wage for certain data center construction. (signed)
- S4925: Expands provisions of P.L.2022, c.9 under certain circumstances. (signed)
- S4847: Makes various changes to membership on Cannabis Regulatory Commission and to legalized medical and personal use cannabis marketplace. (signed)
- S4858: Establishes "New Jersey Veterans and Military Spouses Asset Protection Act." (signed)
- S4678: Includes retired teachers and county college faculty members in science, technology, engineering, and mathematics teacher grant program.* (signed)
- S4812: Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation program with remaining funds for unmet recovery and rebuilding needs for Supers… (signed)

## Sources
- [Assembly Financial Institutions and Insurance (2/22/24 TR) (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_T1.HTM)
- [Assembly Financial Institutions and Insurance (2/22/24 TR) (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_T1.PDF)
- [Assembly Appropriations Substitute (3/14/24) (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S2.HTM)
- [Assembly Appropriations Substitute (3/14/24) (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S2.PDF)
- [3/14/24; as introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_E1.HTM)
- [3/14/24; as introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_E1.PDF)
- [As Introduced (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_I1.HTM)
- [As Introduced (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_I1.PDF)
- [Assembly Financial Institutions and Insurance Substitute (2/22/24) (HTML)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S1.HTM)
- [Assembly Financial Institutions and Insurance Substitute (2/22/24) (PDF)](https://pub.njleg.state.nj.us/Bills/2024/A2500/2265_S1.PDF)

## Related
- [S4928: Requires payment of prevailing wage for certain data center construction.](https://policyrisk.com/state-bill/NJ-S4928-2024-2025)
- [S4925: Expands provisions of P.L.2022, c.9 under certain circumstances.](https://policyrisk.com/state-bill/NJ-S4925-2024-2025)
- [S4847: Makes various changes to membership on Cannabis Regulatory Commission and to le…](https://policyrisk.com/state-bill/NJ-S4847-2024-2025)
- [S4858: Establishes "New Jersey Veterans and Military Spouses Asset Protection Act."](https://policyrisk.com/state-bill/NJ-S4858-2024-2025)
- [S4678: Includes retired teachers and county college faculty members in science, techno…](https://policyrisk.com/state-bill/NJ-S4678-2024-2025)
- [S4812: Requires DCA to resume Reconstruction, Rehabilitation, Elevation and Mitigation…](https://policyrisk.com/state-bill/NJ-S4812-2024-2025)
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Source: PRIA, https://policyrisk.com/state-bill/NJ-A2265-2024-2025 (as of 2026-10-17).