31st Legislature, 2021
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HR94 HD1       (?)


Measure Title: REQUESTING THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS, FOLLOWING THE COMPLETION OF THE DEPARTMENT OF COMMERCE AND CONSUMER AFFAIRS' DIVISION OF FINANCIAL INSTITUTIONS' AND HAWAII TECHNOLOGY DEVELOPMENT CORPORATION'S STUDY, TO RECONSIDER ITS 2016 RULING ON ASSET RESERVE REQUIREMENTS FOR DIGITAL CURRENCY COMPANIES, VIRTUAL CURRENCY COMPANIES, AND CRYPTOCURRENCY COMPANIES TO CONDUCT BUSINESS IN HAWAII AND TO ALIGN THE STATE'S ASSET RESERVE REQUIREMENTS FOR THESE COMPANIES WITH THE ASSET RESERVE REQUIREMENTS IN OTHER STATES.
Report Title: DCCA; Division of Financial Institutions; Digital Currency; Virtual Currency; Cryptocurrency; Asset Reserves; Money Transmitters Act
Description:
Companion:  HCR118
Package: None
Current Referral: CPC, FIN
Introducer(s): BRANCO, AQUINO, GANADEN, HOLT, B. KOBAYASHI, LUKE, QUINLAN, TODD, TOKIOKA, Wildberger

Sort by Date Status Text
3/12/2021HOffered
3/15/2021HReferred to CPC, FIN, referral sheet 25
3/17/2021HResolution scheduled to be heard by CPC on Friday, 03-19-21 2:00PM in conference room 329 Via Videoconference.
3/19/2021HThe committees on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Johanson, Kitagawa, Har, Hashem, Kong, Mizuno, Morikawa, Onishi, Tarnas, Matsumoto; Ayes with reservations: none; 0 Noes: none; and 1 Excused: Representative(s) Aquino.
3/24/2021HReported from CPC (Stand. Com. Rep. No. 1255) as amended in HD 1, recommending referral to FIN.
3/24/2021HReport adopted. referred to the committee(s) on FIN as amended in HD 1 with Representative(s) Ward voting aye with reservations; none voting no (0) and none excused (0).
3/25/2021HScheduled for decision making on Tuesday, 03-30-21 11:00AM in conference room 309 Via Videoconference.
3/29/2021HRe-scheduled for decision making on Tuesday, 03-30-21 11:00AM in conference room 308 Via Videoconference.
3/30/2021HThe committees on FIN recommend that the measure be PASSED, UNAMENDED. The votes were as follows: 13 Ayes: Representative(s) Luke, Cullen, Branco, Eli, Holt, Ilagan, B. Kobayashi, Marten, Nishimoto, Perruso, Sayama, Tam, Wildberger; Ayes with reservations: none; 0 Noes: none; and 2 Excused: Representative(s) Yamashita, McDermott.
3/31/2021HReported from FIN (Stand. Com. Rep. No. 1539), recommending adoption.
3/31/2021HAdopted with none voting aye with reservations; Representative(s) Ward voting no (1) and Representative(s) Gates, Ohno excused (2).
3/31/2021HResolution adopted in final form.

S = Senate | H = House | D = Data Systems | $ = Appropriation measure | ConAm = Constitutional Amendment

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HR94 HD1






CommDate/Time/RoomNotice 
CPC 3/19/21 2:00P
329 Via Videoconference
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FIN 3/30/21 11:00A
308 Via Videoconference
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