States / Hawaii / HB 1049

HB 1049 Reported from Committee

RELATING TO THE MONEY TRANSMITTERS MODERNIZATION ACT.

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

Includes, for purposes of the Money Transmitters Modernization Act, receivables due from payment processors for certain debit or credit card transactions. Clarifies the calculation of tangible net worth. Changes the initial annual fee assessed upon the submission of the application to an initial fee assessed upon the approval of the application. Effective 7/1/3000. (HD1)

Chamber
House
Introduced
Jan 21, 2025
Last action
Jan 21, 2025 — Pending introduction.
Session
2026
Momentum
42 · Moderate