Rep. Ward Addresses HB837 – Fees

RELATING TO MONEY TRANSMITTERS. Report Title: Money Transmitters; Fees; Bond Description: Authorizes the Commissioner of Financial Institutions to require money transmitters to register with the Nationwide Mortgage Licensing System and establishes additional regulatory requirements. Effective July 1, 2112. (HB837 HD1)2/15/2013HPassed Second Reading as amended in HD 1 and referred to the committee(s) on FIN with Representative(s) Aquino, Cachola, Cullen, Ito, Tsuji voting aye with reservations; Representative(s) Cabanilla, Fale, McDermott, Oshiro, Tokioka voting no (5) and Representative(s) Carroll, Coffman, Hanohano, Har, Kawakami, Ward excused (6).

contact:  Excerpt from Capitol TV

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