Establishes within the Department of Commerce and Consumer Affairs' Division of Financial Institutions, beginning 1/1/2027, a digital asset charter program for licensing, regulating, and overseeing digital asset companies and digital asset business activities. Authorizes companies that participated in the Hawaii Digital Currency Innovation Lab to temporarily continue digital asset business activities without a charter in certain circumstances. Appropriates moneys from the compliance resolution fund.
More detail
Effective 7/1/2050. (SD2)
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More on this bill
Where it stands
Introduced
Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2026
Mar 17The committee(s) on CPC recommend(s) that the measure be deferred.Latest
Mar 12Pass First ReadingMinor
Mar 12Referred to CPC, JHA, FIN, referral sheet 17Minor
Mar 12Bill scheduled to be heard by CPC on Tuesday, 03-17-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
Mar 10Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.Passed Senate
Vote recorded Report adopted; Passed Third Reading, as amended (SD 2). Result: pass.Upper
Mar 10Received from Senate (Sen. Com. No. 291) in amended form (SD 2).Minor
Mar 6Reported from WAM/JDC (Stand. Com. Rep. No. 2957) with recommendation of passage on Third Reading, as amended (SD 2).
Mar 648 Hrs. Notice 03-10-26.
Mar 4The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
Vote recorded The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Vote recorded The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Mar 4The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
Mar 2The committee(s) on WAM/JDC will hold a public decision making on 03-04-26 10:35AM; Conference Room 211 & Videoconference.
Feb 17Reported from CPN/LBT (Stand. Com. Rep. No. 2274) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
Feb 17Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.Minor
Feb 6The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Elefante, Lamosao, Ihara, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
Vote recorded The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Vote recorded The committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Feb 6The committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.Minor
Feb 2The committee(s) on CPN/LBT has scheduled a public hearing on 02-06-26 10:00AM; Conference Room 229 & Videoconference.