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SB2387Introduced in the Senate

Relating To Digital Financial Asset Transaction Kiosks.

Engrossed

Introduced by Brandon Elefante, District 16

What does this bill do?

Plain-English breakdown

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Official description

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)

Where it stands

Received notice of appointment of House conferees (Hse. Com. No. 787).

April 20, 2026

How did lawmakers vote?

SenateStage: Senate Judiciary: Passed, Unamended · March 4, 2026

5

Yes

0

No

0

Absent or Not Voting

5 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.

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Bill history

  1. Pending Introduction.

  2. Introduced and passed First Reading.

  3. Referred to CPN/LBT, JDC/WAM.

  4. The committee(s) on CPN/LBT has scheduled a public hearing on 02-06-26 10:00AM; Conference Room 229 & Videoconference.

  5. The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Elefante, Lamosao, Ihara, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

  6. The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.

  7. Reported from CPN/LBT (Stand. Com. Rep. No. 2257) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC/WAM.

  8. Report adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.

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

  10. 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.

  11. 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.

  12. Reported from JDC/WAM (Stand. Com. Rep. No. 3036) with recommendation of passage on Third Reading.

  13. One Day Notice 03-10-26.

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

  15. Received from Senate (Sen. Com. No. 224) in amended form (SD 1).

  16. Pass First Reading

  17. Referred to CPC, JHA, referral sheet 17

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

  19. 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.

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

  21. 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).

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

  23. 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.

  24. Reported from JHA (Stand. Com. Rep. No. 1828-26) as amended in HD 2, recommending passage on Third Reading.

  25. Forty-eight (48) hours notice Friday, 04-10-26.

  26. Deferred one day 04-14-26.

  27. 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.

  28. Received from House (Hse. Com. No. 653).

  29. Senate disagrees with House amendments.

  30. Received notice of disagreement (Sen. Com. No. 710).

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

  32. House Conferees Appointed: Matayoshi, Tarnas, Yamashita Co-Chairs; Pierick.

  33. Received notice of appointment of House conferees (Hse. Com. No. 787).

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