---
type: "Bill"
title: "Virtual-currency custody services allowed to be offered and performed."
description: "Virtual-currency custody services allowed to be offered and performed."
jurisdiction: "us/states/mn"
legislature: "Minnesota Legislature"
session: "2025-2026"
identifier: "HF 3709"
citation: "Minnesota HF 3709 (2025-2026)"
classification: ["bill"]
subjects: ["Banks and Financial Institutions", "Telecommunications and Information Technology"]
status: "enacted"
primary_sponsors: ["Perryman"]
version_count: 3
action_count: 27
vote_count: 2
first_action: "2026-02-25"
last_action: "2026-08-01"
source: "openstates"
source_identifier: "ocd-bill/b6fe0a07-2995-4221-8149-c5627bfca6af"
source_url: "https://www.revisor.mn.gov/bills/94/2026/0/HF/3709?list=open&body=House"
source_hash: "f9f4323957484af46260f9a749c2a4c78190a8944602667845cc26db08c8dfb0"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-mn"]
---

# Minnesota HF 3709 (2025-2026) — Virtual-currency custody services allowed to be offered and performed.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **1st Engrossment** (committee substitute) — [source](https://www.revisor.mn.gov/bills/94/2026/0/HF/3709/versions/1/)
2. **1st Unofficial Engrossment** (committee substitute) — [source](https://www.revisor.mn.gov/bills/94/2026/0/HF/3709/versions/ue/1/)
3. **Introduction** (committee substitute) — [source](https://www.revisor.mn.gov/bills/94/2026/0/HF/3709/versions/0/)

## Votes

- Passage — **130–4** (pass) · lower
- Passage, as amended by the Senate — **119–6** (pass) · lower

## Sponsors

- Perryman — primary (person)
- Allen — cosponsor (person)
- Elkins — cosponsor (person)
- Seeberger — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2026-02-25** Introduction and first reading, referred to Commerce Finance and Policy `introduction, referral-committee`
- **2026-03-05** Committee report, to adopt `committee-passage`
- **2026-03-05** Second reading `reading-2`
- **2026-03-05** Author added Allen
- **2026-04-28** House rule 1.21, placed on Calendar for the Day
- **2026-04-30** Third reading `reading-3`
- **2026-04-30** Bill was passed `passage`
- **2026-05-07** House rule 1.15 (c), message requesting concurrence received
- **2026-05-11** Returned from Senate with amendment
- **2026-05-11** Motion to concur with Senate amendments
- **2026-05-11** Motion prevailed
- **2026-05-11** Third reading as amended by the Senate `reading-3`
- **2026-05-11** Bill was repassed as amended by the Senate
- **2026-05-12** Presented to Governor 05/12/2026 `executive-receipt`
- **2026-05-14** Governor approval 05/14/2026 `executive-signature`
- **2026-05-15** Secretary of State, Filed 05/15/26
- **2026-05-04** Received from House `introduction`
- **2026-05-04** Introduction and first reading `introduction`
- **2026-05-04** Referred to Rules and Administration for comparison with SF3794, now on General Orders `referral-committee`
- **2026-05-05** Comm report: Subst. for SF on General Orders SF3794
- **2026-05-05** Second reading `reading-2`
- **2026-05-06** Special Order: Amended
- **2026-05-06** Third reading Passed as amended `passage`
- **2026-05-12** Presentment date 05/12/26
- **2026-05-14** Governor's action Approval 05/14/26 `executive-signature`
- **2026-05-15** Secretary of State Chapter 93 05/15/26
- **2026-08-01** Effective date 08/01/2026

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b6fe0a07-2995-4221-8149-c5627bfca6af`. Confidence: reported (aggregated from official Minnesota legislature records).