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HB362Introduced in the House

Money transmission fees; require money transmitters to collect on certain transfers.

Failed

Introduced by Noah Sanford, District 90

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An Act To Require A Person Licensed To Do Business As A Money Transmission Business To Collect A Fee For Each Transaction; To Authorize The Suspension Of A License As A Money Transmission Business For Failure To Comply With The Money Transmission Fee Requirements; To Exempt Certain Transfers And Certain Financial Institutions From The Money Transmission Fee Requirements; To Create A Tax Credit For Money Transmission Fees Paid By A Taxpayer During The Tax Year; And For Related Purposes.

Where it stands

Died On Calendar

February 16, 2026

How did lawmakers vote?

HouseStage: House Failed · February 11, 2026

64

Yes

51

No

7

Absent or Not Voting

122 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.

What do people think?

Citizen Voice

How would you vote on this bill?

An unofficial public opinion poll. It does not affect the bill or the official vote.

One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

See how each representative voted

Bill history

  1. Referred To Banking and Financial Services

  2. Title Suff Do Pass

  3. Amended

  4. Failed

  5. Motion to Reconsider Entered (Boyd (19th), Aguirre, Boyd (37th))

  6. Died On Calendar

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