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SB887Introduced in the Senate

Relating to requirements for licensure and regulation of money transmission services

IntroducedSenate Finance

Introduced by Trenton Barnhart, District 9

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

The purpose of this bill is to bring virtual currency kiosks within the purview of money transmission licensure and create disclosure requirements and daily transaction limitations for new and existing customers.

Where it stands

To Finance

February 19, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

Bill history

  1. Filed for introduction

  2. To Banking and Insurance then Finance

  3. Introduced in Senate

  4. To Banking and Insurance

  5. Committee substitute reported, but first to Finance

  6. To Finance

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