HB 1700-FN (2012): repealing licensing requirements for money transmitters.
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@misc{bill-2012-hb1700, title = {HB 1700-FN (2012): repealing licensing requirements for money transmitters.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2012/hb1700}, note = {Accessed 25 Oct. 2026} }
HB 1700-FN (2012)
repealing licensing requirements for money transmitters.
- Status: Referred for interim study
- Term: 2011-2012
- House committee: Commerce and Consumer Affairs
- Subject: Banking and Finance
The Story
It was introduced on January 4, 2012 and referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on February 14, 2012. The committee held a work session on February 16, 2012. The committee met in executive session on February 21, 2012 to vote on its recommendation. The majority recommended that the House kill it, and the minority recommended that the House pass it, by a vote of 11–6. The report was placed on the regular calendar. On March 8, 2012 the House rejected a motion to kill it on a voice vote. On March 8, 2012 the House adopted “Refer to Interim Study (Rep Hunt)” on a voice vote. The committee held work sessions on September 18, 2012 and September 26, 2012. The committee met in executive session on October 2, 2012 to vote on its recommendation. The committee reported back on its interim study of the bill: “Recommended for Legislation in 2013”, by a vote of 8 to 3.
Sponsors
- Rep. Andrew Manuse (R - Rock 5) (prime sponsor)
- Rep. Spec Bowers (R - Sull 3)
- Rep. George Lambert (R - Hills 27)
- Rep. Mark Warden (R - Hills 7)
- Rep. William Infantine (R - Hills 13)
- Sen. Raymond White (R - SD9)
Hearings and Sessions
- February 14, 2012, 11:00 AM: public hearing, House Commerce and Consumer Affairs
- February 16, 2012, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
- February 21, 2012, 1:15 PM: executive session, House Commerce and Consumer Affairs
- September 18, 2012, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 307
- September 26, 2012, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
- October 2, 2012, 10:00 AM: executive session, House Commerce and Consumer Affairs, LOB 302
Votes
- March 8, 2012, House: Inexpedient to Legislate — voice vote, failed
- March 8, 2012, House: Refer to Interim Study (Rep Hunt) — voice vote, passed
The Docket
- January 4, 2012: Introduced 1/4/2012 and Referred to Commerce and Consumer Affairs
- February 14, 2012: Public Hearing: 2/14/2012 11:00 AM LOB 302 =Banking Div= =Work Session May Follow=
- February 16, 2012: Subcommittee Work Session: 2/16/2012 10:00 AM LOB 302
- February 16, 2012: ==CANCELLED== Executive Session: 2/16/2012 1:15 PM LOB 302
- February 21, 2012: Executive Session: 2/21/2012 1:15 PM LOB 302 ==If Necessary Continued 2/23/2012 1:15 PM LOB 302==
- February 23, 2012: Majority Committee Report: Inexpedient to Legislate for Mar 7 (Vote 11-6; RC)
- February 23, 2012: Minority Committee Report: Ought to Pass
- March 8, 2012: Inexpedient to Legislate: MF VV
- March 8, 2012: Refer to Interim Study (Rep Hunt): MA VV
- June 7, 2012: Referred to Commerce and Consumer Affairs for Interim Study
- September 18, 2012: Interim Study - Subcommittee Work Session: 9/18/2012 10:00 AM LOB 307 =Banking Div=
- September 26, 2012: Interim Study - Subcommittee Work Session: 9/26/2012 10:00 AM LOB 302
- October 2, 2012: Interim Study - Executive Session: 10/2/2012 10:00 AM LOB 302
- October 2, 2012: Interim Study Report: Recommended for Legislation in 2013 (Vote 8-3)