HB 356 (2016): establishing a commission to study cryptocurrency regulation.

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@misc{bill-2016-hb356, title = {HB 356 (2016): establishing a commission to study cryptocurrency regulation.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2016/hb356}, note = {Accessed 24 Oct. 2026} }

HB 356 (2016)

establishing a commission to study cryptocurrency regulation.

  • Status: Signed into law
  • Term: 2015-2016
  • House committee: Commerce and Consumer Affairs
  • Senate committee: Commerce
  • Subject: Study Committees and Commissions
  • Chapter law: 205

The Story

It was introduced on January 8, 2015 and referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on January 28, 2015. The committee held work sessions on February 4, 2015 and March 3, 2015. The committee met in executive session on March 3, 2015 to vote on its recommendation. The committee retained the bill, holding it for further work rather than reporting it out this year. The committee held work sessions on September 22, 2015 and October 27, 2015. The committee met in executive session on October 27, 2015 to vote on its recommendation. The committee voted 18–2 to recommend that the House pass it with changes (amendment 2015-2534h), and the report was placed on the consent calendar. On January 6, 2016 the House voted to pass it with changes on a voice vote. The committee's amendment (2015-2534h) was adopted on a voice vote on January 6, 2016, changing the text of the bill. It crossed to the Senate on February 18, 2016 and was referred to the Senate Commerce committee. The committee held a public hearing on March 15, 2016. The committee recommended that the Senate pass it with changes (amendment 2016-1396s). The committee's amendment (1396s) was adopted on a voice vote on April 21, 2016, changing the text of the bill. On April 21, 2016 the Senate voted to pass it with changes on a voice vote and ordered it to a third reading. On May 11, 2016 the House adopted “House Concurs with Senate Amendment 1396s” on a voice vote, on a motion by Rep. John Hunt. The bill was enrolled on May 19, 2016 — the final check of the text before it goes to the governor — and an enrolled bill amendment (2016-1987e) was adopted on a voice vote to correct technical errors found after passage. The governor signed it on June 6, 2016, making it Chapter 205 of the session laws.

Sponsors

Hearings and Sessions

  • January 28, 2015, 1:15 PM: public hearing, House Commerce and Consumer Affairs, LOB 302
  • February 4, 2015, 2:05 PM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
  • March 3, 2015, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
  • March 3, 2015, 1:00 PM: executive session, House Commerce and Consumer Affairs, LOB 302
  • September 22, 2015, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302
  • October 27, 2015, 10:30 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 305
  • October 27, 2015, 1:15 PM: executive session, House Commerce and Consumer Affairs, LOB 302
  • March 15, 2016, 1:45 PM: hearing, Senate Commerce, SH 100

Votes

  • January 6, 2016, House: Ought to Pass with Amendment 2534h — voice vote, passed
  • April 21, 2016, Senate: Ought to Pass with Amendment 1396s — voice vote, passed
  • May 11, 2016, House: House Concurs with Senate Amendment 1396s — voice vote, passed

The Docket

  • January 8, 2015: Introduced and Referred to Commerce and Consumer Affairs
  • January 27, 2015: Public Hearing: 1/27/2015 1:15 PM LOB 302
  • January 28, 2015: Public Hearing: 1/28/2015 1:15 PM LOB 302
  • February 4, 2015: Subcommittee Work Session: 2/4/2015 2:05 PM LOB 302
  • March 3, 2015: Subcommittee Work Session: 3/3/2015 10:00 AM LOB 302
  • March 3, 2015: Executive Session: 3/3/2015 1:00 PM LOB 302
  • March 3, 2015: Retained in Committee
  • September 22, 2015: Retained Bill - Subcommittee Work Session: 9/22/2015 10:00 AM LOB 302
  • October 27, 2015: Subcommittee Work Session: 10/27/2015 10:30 AM LOB 305
  • October 27, 2015: Executive Session: 10/27/2015 1:15 PM LOB 302
  • November 12, 2015: Committee report: Ought to Pass with Amendment #2015-2534h (NT) for Jan 6 (Vote 18-2; CC)
  • January 6, 2016: Ought to Pass with Amendment 2534h: MA VV 01/06/2016
  • January 6, 2016: Amendment #2015-2534h: AA VV 01/06/2016
  • February 18, 2016: Introduced 02/18/2016 and Referred to Commerce
  • March 15, 2016: Hearing: 03/15/2016, Room 100, SH, 01:45 pm
  • April 21, 2016: Committee Report: Ought to Pass with Amendment #2016-1396s , 04/21/2016
  • April 21, 2016: Committee Amendment 1396s, AA, VV; 04/21/2016
  • April 21, 2016: Ought to Pass with Amendment 1396s, MA, VV; OT3rdg; 04/21/2016
  • May 11, 2016: House Concurs with Senate Amendment 1396s (Rep. Hunt): MA VV 05/11/2016
  • May 19, 2016: Enrolled Bill Amendment #2016-1987e Adopted, VV, (In recess of 05/19/2016)
  • May 19, 2016: Enrolled Bill Amendment #2016-1987e : AA VV 05/19/2016
  • May 19, 2016: Enrolled (In recess 05/19/2016)
  • May 19, 2016: Enrolled 05/19/2016
  • June 6, 2016: Signed by Governor Hassan 06/06/2016; Chapter 205; I. Sec. 2 eff. 11/1/2021 ; II. Rem. eff. 6/6/2016

Laws It Would Change

From the General Court