BILL · 2017–18 SESSION · LATEST VERSION SHB 1045

HB 1045: Uniform money services act

Addressing licensing and enforcement provisions applicable to money transmitters and currency exchanges under the uniform money services act.

Summary

Requires certain disclosure for virtual currency money transmitters.
Requires a surety bond for online currency exchangers.
Modifies the surety bond requirements for money transmitters and adds exempted entities.

From the Substitute House Bill Report (SHB 1045), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · passed House, stalled in Senate

AN ACT Relating to licensing and enforcement provisions applicable to money transmitters and currency exchanges under the uniform money services act;

Passed February 9, 2017

Version voted on: SHB 1045

91 Yea 7 Nay 0 Absent 0 Excused

Party	Yea	Nay	Absent	Excused
Democrat	49	1	0	0
Republican	42	6	0	0

How each member voted

Jan 8, 2018By resolution, reintroduced and retained in present status. (SHB 1045)
Jan 8, 2018Referred to Business & Financial Services. (SHB 1045)
Jan 8, 2018Rules Committee relieved of further consideration. (SHB 1045)
Jun 21, 2017By resolution, reintroduced and retained in present status. (SHB 1045)
May 23, 2017By resolution, reintroduced and retained in present status. (SHB 1045)
Apr 24, 2017By resolution, reintroduced and retained in present status. (SHB 1045)
Apr 23, 2017By resolution, returned to House Rules Committee for third reading. (SHB 1045)
Feb 10, 2017First reading, referred to Financial Institutions & Insurance. (SHB 1045)
Feb 9, 2017Third reading, passed; yeas, 91; nays, 7; absent, 0; excused, 0. (SHB 1045)
Feb 9, 2017Rules suspended. Placed on Third Reading. (SHB 1045)
Feb 9, 20171st substitute bill substituted. (SHB 1045)
Feb 9, 20171st substitute bill substituted.
Feb 8, 2017Placed on second reading by Rules Committee. (SHB 1045)
Feb 8, 2017Placed on second reading by Rules Committee.
Jan 17, 2017Referred to Rules 2 Review. (SHB 1045)
Jan 17, 2017Referred to Rules 2 Review.
Jan 11, 2017BFS - Majority; 1st substitute bill be substituted, do pass. (SHB 1045)
Jan 11, 2017BFS - Majority; 1st substitute bill be substituted, do pass.
Jan 9, 2017First reading, referred to Business & Financial Services (Not Officially read and referred until adoption of Introduction report).
Dec 15, 2016Prefiled for introduction.

Bill numbers restart every two years, so the same number is a different bill in each session.

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HB 1045 (2023–24) Basic income pilot program · Did not pass · died in committee
HB 1045 (2021–22) Residential services rate · Did not pass · died in committee
HB 1045 (2019–20) Gray wolves/lethal removal · Did not pass · died in committee
HB 1045 (2015–16) East Asian medicine · Enacted · Chapter 60, Laws of 2015
HB 1045 (2013–14) Local highway speed limits · Enacted · Chapter 264, Laws of 2013
HB 1045 (2011–12) Deeds of trust reconveyances · Did not pass · died in committee
HB 1045 (2009–10) Residential real property · Did not pass · died in committee