· HI legislature · 2026

RELATING TO THE MONEY TRANSMITTERS MODERNIZATION ACT.

Includes, for purposes of the Money Transmitters Modernization Act, receivables due from payment processors for certain debit or credit card transactions. Clarifies the calculation of tangible net worth. Changes the initial annual fee assessed upon the submission of the application to an initial fee assessed upon…

Sponsor

Nadine Nakamura (D-HI)

Introduced

2025-12-08

Policy area

Finance and Financial Sector

Latest action

Pending introduction.