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SB951Introduced in the Senate

Creating the Office of Financial Technology Innovation in the Department of Financial Institutions and a cryptocurrency pilot project, granting rule-making authority, and making an appropriation. (FE)

Failed

Introduced by Dora Drake, District 4

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 renumber subchapter IV of chapter 224 [precedes 224.90]; to amend 15.01 (6), 15.02 (3) (c) 1., 186.235 (7) (b) 1m., 220.02 (2) (h), 220.06 (1m) and 551.608 (1); to create 15.185 (6), 20.144 (1) (c) and subchapter V of chapter 224 [precedes 224.881] of the statutes; Relating to: creating the Office of Financial Technology Innovation in the Department of Financial Institutions and a cryptocurrency pilot project, granting rule-making authority, and making an appropriation. (FE)

Where it stands

Failed to pass pursuant to Senate Joint Resolution 1

March 23, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

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Bill history

  1. Introduced

  2. Read first time and referred to Committee on Utilities, Technology and Tourism

  3. Fiscal estimate received

  4. Public hearing held

  5. Failed to pass pursuant to Senate Joint Resolution 1

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