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SB1797Introduced in the Senate

DIGITAL ASSETS & CONS PROT ACT

Passed

Introduced by Mark Walker, District 27

What does this bill do?

Plain-English breakdown

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Official description

Reinserts the provisions of the bill, as amended by Senate Amendment No. 1, with changes that include the following. Provides that "digital asset business activity" does not include (1) peer-to-peer exchanges or transfers of digital assets, (2) decentralized exchanges facilitating peer-to-peer exchanges or transfers solely through use of a computer program or a transaction protocol that is intended to automatically execute, control, or document events and actions, and (3) the development and dissemination of software in and of itself. Provides that "digital asset administration" does not include the issuance of a non-fungible token in and of itself. Defines "non-fungible token". Makes changes in provisions concerning rebuttable presumptions of control and the application of the Act. Makes other changes. Effective immediately.

Where it stands

Public Act . . . . . . . . . 104-0428

August 18, 2025

How did lawmakers vote?

House votes

2 recorded votes · each counted separately

Senate votes

6 recorded votes · each counted separately

SenateStage: Senate Executive Committee · May 31, 2025

9

Yes

4

No

0

Absent or Not Voting

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

See how each senator voted

SenatorDistrictVote
Omar Aquino2Yes
Mattie Hunter3Yes
Napoleon Harris15Yes
William Cunningham18Yes
Cristina Castro22Yes
Laura Murphy28Yes
Donald DeWitte33No
Susan Rezin38No
Don Harmon39Yes
John Curran41No

Bill history

  1. Filed with Secretary by Sen. Mark L. Walker

  2. First Reading

  3. Referred to Assignments

  4. Assigned to Executive

  5. Senate Committee Amendment No. 1 Filed with Secretary by Sen. Mark L. Walker

  6. Senate Committee Amendment No. 1 Referred to Assignments

  7. Senate Committee Amendment No. 1 Assignments Refers to Executive

  8. Added as Co-Sponsor Sen. Karina Villa

  9. Added as Co-Sponsor Sen. Rachel Ventura

  10. Added as Co-Sponsor Sen. Mike Porfirio

  11. Rule 2-10 Committee Deadline Established As April 4, 2025

  12. Senate Committee Amendment No. 1 Adopted

  13. Do Pass as Amended Executive; 008-004-000

  14. Placed on Calendar Order of 2nd Reading April 4, 2025

  15. Added as Chief Co-Sponsor Sen. Graciela Guzmán

  16. Added as Chief Co-Sponsor Sen. Cristina Castro

  17. Added as Chief Co-Sponsor Sen. Laura Ellman

  18. Senate Floor Amendment No. 2 Filed with Secretary by Sen. Mark L. Walker

  19. Senate Floor Amendment No. 2 Referred to Assignments

  20. Senate Floor Amendment No. 2 Assignments Refers to Executive

  21. Second Reading

  22. Placed on Calendar Order of 3rd Reading April 9, 2025

  23. Added as Co-Sponsor Sen. Paul Faraci

  24. Added as Co-Sponsor Sen. Christopher Belt

  25. Added as Co-Sponsor Sen. Javier L. Cervantes

  26. Sponsor Removed Sen. Michael W. Halpin

  27. Added as Co-Sponsor Sen. Michael E. Hastings

  28. Added as Co-Sponsor Sen. Robert Peters

  29. Senate Floor Amendment No. 2 Recommend Do Adopt Executive; 009-004-000

  30. Added as Co-Sponsor Sen. Mary Edly-Allen

  31. Added as Co-Sponsor Sen. Adriane L. Johnson

  32. Recalled to Second Reading

  33. Senate Floor Amendment No. 2 Adopted; Walker

  34. Placed on Calendar Order of 3rd Reading

  35. Third Reading - Passed; 039-017-000

  36. Added as Co-Sponsor Sen. Mike Simmons

  37. Arrived in House

  38. Chief House Sponsor Rep. Edgar González, Jr.

  39. First Reading

  40. Referred to Rules Committee

  41. Assigned to Financial Institutions and Licensing Committee

  42. Rule 19(a) / Re-referred to Rules Committee

  43. Assigned to Financial Institutions and Licensing Committee

  44. Committee/Final Action Deadline Extended-9(b) May 31, 2025

  45. House Committee Amendment No. 1 Filed with Clerk by Rep. Edgar González, Jr.

  46. House Committee Amendment No. 1 Referred to Rules Committee

  47. Motion Filed to Suspend Rule 21 Financial Institutions and Licensing Committee; Rep. Bob Morgan

  48. Motion to Suspend Rule 21 - Prevailed 075-039-000

  49. House Committee Amendment No. 1 Rules Refers to Financial Institutions and Licensing Committee

  50. House Committee Amendment No. 1 Adopted in Financial Institutions and Licensing Committee; by Voice Vote

  51. Do Pass as Amended / Short Debate Financial Institutions and Licensing Committee; 007-004-000

  52. Placed on Calendar 2nd Reading - Short Debate

  53. Second Reading - Short Debate

  54. Held on Calendar Order of Second Reading - Short Debate

  55. Added Alternate Co-Sponsor Rep. Camille Y. Lilly

  56. Placed on Calendar Order of 3rd Reading - Short Debate

  57. Third Reading - Short Debate - Passed 076-038-001

  58. Secretary's Desk - Concurrence House Amendment(s) 1

  59. Placed on Calendar Order of Concurrence House Amendment(s) 1 - May 30, 2025

  60. House Committee Amendment No. 1 Motion to Concur Filed with Secretary Sen. Mark L. Walker

  61. House Committee Amendment No. 1 Motion to Concur Referred to Assignments

  62. House Committee Amendment No. 1 Motion to Concur Assignments Referred to Executive

  63. House Committee Amendment No. 1 Motion To Concur Recommended Do Adopt Executive; 009-004-000

  64. 3/5 Vote Required

  65. House Committee Amendment No. 1 Senate Concurs 041-015-000

  66. Senate Concurs

  67. Passed Both Houses

  68. Sent to the Governor

  69. Governor Approved

  70. Effective Date August 18, 2025

  71. Public Act . . . . . . . . . 104-0428

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