---
type: "Bill"
title: "AN ACT RELATING TO FINANCIAL INSTITUTIONS -- LICENSED ACTIVITIES--CURRENCY TRANSMISSIONS (Adds virtual currency to the existing electronic money transmission and sale of check licenses and adds additional regulatory provisions to simplify and clarify licensing related thereto.)"
description: "AN ACT RELATING TO FINANCIAL INSTITUTIONS -- LICENSED ACTIVITIES--CURRENCY TRANSMISSIONS (Adds virtual currency to the existing electronic money transmission and sale of check licenses and adds additional regulatory provisions to simplify and clarify licensing related thereto.)"
jurisdiction: "us/states/ri"
legislature: "Rhode Island General Assembly"
session: "2019"
identifier: "HB 5847"
citation: "Rhode Island HB 5847 (2019)"
classification: ["bill"]
subjects: ["Financial Institutions"]
status: "enacted"
primary_sponsors: ["Blazejewski", "Noret", "Shekarchi", "Solomon", "Speakman"]
version_count: 1
action_count: 14
vote_count: 1
first_action: "2019-03-14"
last_action: "2019-07-15"
source: "openstates"
source_identifier: "ocd-bill/05c72df8-9ab0-49c9-8955-3616c503ee00"
source_url: "http://status.rilin.state.ri.us/"
source_hash: "b615a4148f58987fb0df1a1620c6c3cb709c375d1b517933dff15e57f6f8cecf"
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-ri"]
---

# Rhode Island HB 5847 (2019) — AN ACT RELATING TO FINANCIAL INSTITUTIONS -- LICENSED ACTIVITIES--CURRENCY TRANSMISSIONS (Adds virtual currency to the existing electronic money transmission and sale of check licenses and adds additional regulatory provisions to simplify and clarify licensing related thereto.)

## Version chain

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

1. **5847 SUB A** (committee substitute) — [source](http://webserver.rilin.state.ri.us/BillText/BillText19/HouseText19/H5847A.pdf)

## Votes

- PASSAGE — **70–3** (pass) · lower

## Sponsors

- Blazejewski — primary (person)
- Noret — primary (person)
- Shekarchi — primary (person)
- Solomon — primary (person)
- Speakman — primary (person)

## Timeline

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

- **2019-03-14** 03/14/2019 Introduced, referred to House Corporations `introduction, referral-committee`
- **2019-03-22** 03/22/2019 Scheduled for hearing and/or consideration
- **2019-03-22** 03/22/2019 Committee postponed at request of sponsor (03/26/2019)
- **2019-03-29** 03/29/2019 Scheduled for hearing and/or consideration (04/02/2019)
- **2019-04-02** 04/02/2019 Committee recommended measure be held for further study
- **2019-06-14** 06/14/2019 Scheduled for consideration (06/18/2019)
- **2019-06-14** 06/14/2019 Proposed Substitute
- **2019-06-18** 06/18/2019 Committee recommends passage of Sub A `committee-passage-favorable`
- **2019-06-18** 06/18/2019 Placed on House Calendar (06/20/2019)
- **2019-06-20** 06/20/2019 House passed Sub A `passage`
- **2019-06-26** 06/26/2019 Placed on Senate Calendar (06/27/2019)
- **2019-06-27** 06/27/2019 Senate passed Sub A in concurrence `passage`
- **2019-07-11** 07/11/2019 Transmitted to Governor `executive-receipt`
- **2019-07-15** 07/15/2019 Signed by Governor `executive-signature`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/05c72df8-9ab0-49c9-8955-3616c503ee00`. Confidence: reported (aggregated from official Rhode Island legislature records).