Fabio
7.3 KiB
7.3 KiB
type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
| type | title | description | jurisdiction | legislature | session | identifier | citation | classification | subjects | status | primary_sponsors | version_count | action_count | vote_count | first_action | last_action | source | source_identifier | source_url | source_hash | vintage | source_snapshot | retrieved_at | confidence | tags | |||||
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| Bill | Financial institutions and services; virtual currency kiosk operators, license required, penalties. | Financial institutions and services; virtual currency kiosk operators; license required; penalties. Establishes requirements for the operation of virtual currency kiosks, as defined in the bill, including a requirement that a virtual currency kiosk operator obtain licensure with the State Corporation Commission. The bill requires operators to file annual and quarterly reports, provide certain disclosures, and take reasonable steps to detect and prevent fraud and money laundering. The bill prohibits operators from accepting transactions above specified daily and monthly limits and establishes a maximum transaction charge of 18 percent of the value of such transaction. A person who violates the bill's provisions is subject to a fine of up to $1,000 per violation as well as the existing enforcement provisions of the Virginia Consumer Protection Act. This bill is identical to SB 489. | us/states/va | Virginia General Assembly | 2026 | HB 665 | Virginia HB 665 (2026) |
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enacted |
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6 | 36 | 7 | 2026-01-13 | 2026-04-13 | openstates | ocd-bill/a58ceb6b-c07b-4bfb-a88f-1ff0d72b3438 | https://lis.virginia.gov/bill-details/20261/HB665 | aa288d58a602ebf6c43b063830f5d751950a7987533dbd9956ca88cf746ac229 | 2026-07-01 | https://data.openstates.org/daily/2026-07-01/public.pgdump | 2026-07-06 | reported |
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Virginia HB 665 (2026) — Financial institutions and services; virtual currency kiosk operators, license required, penalties.
Financial institutions and services; virtual currency kiosk operators; license required; penalties. Establishes requirements for the operation of virtual currency kiosks, as defined in the bill, including a requirement that a virtual currency kiosk operator obtain licensure with the State Corporation Commission. The bill requires operators to file annual and quarterly reports, provide certain disclosures, and take reasonable steps to detect and prevent fraud and money laundering. The bill prohibits operators from accepting transactions above specified daily and monthly limits and establishes a maximum transaction charge of 18 percent of the value of such transaction. A person who violates the bill's provisions is subject to a fine of up to $1,000 per violation as well as the existing enforcement provisions of the Virginia Consumer Protection Act. This bill is identical to SB 489.
Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
- Introduced (filed) — source
- Chaptered (committee substitute) — source
- Commerce and Labor Amendment (committee substitute) — source
- Commerce and Labor Substitute (committee substitute) — source
- Communications, Technology and Innovation Substitute (committee substitute) — source
- Enrolled (enrolled) — source
Votes
- Reported from Communications, Technology and Innovation with substitute — 16–6 (pass) · lower
- Reported from Finance and Appropriations — 15–0 (pass) · upper
- H VOTE: — 84–13 (pass) · lower
- Constitutional reading dispensed (on 2nd reading) — 40–0 (pass) · upper
- Reported from Commerce and Labor with substitute — 13–0 (pass) · upper
- H VOTE: — 84–10 (pass) · lower
- Passage R — 40–0 (pass) · upper
Sponsors
- Michelle Lopes Maldonado — primary (person)
- Irene Shin — cosponsor (person)
- Jackie H. Glass — cosponsor (person)
- Jessica L. Anderson — cosponsor (person)
- Michael B. Feggans — cosponsor (person)
- Nicole Cole — cosponsor (person)
- Sam Rasoul — cosponsor (person)
- Shelly A. Simonds — cosponsor (person)
Timeline
The legislative action history — every referral, reading, and vote.
- 2026-01-13 Prefiled and ordered printed; Offered 01-14-2026 26105316D
filing, introduction - 2026-01-13 Referred to Committee on Communications, Technology and Innovation
referral-committee - 2026-01-27 Fiscal Impact Statement from State Corporation Commission (HB665)
- 2026-02-02 House committee offered
- 2026-02-02 Reported from Communications, Technology and Innovation with substitute (16-Y 6-N)
committee-passage - 2026-02-02 Committee substitute printed 26106154D-H1
substitution - 2026-02-04 Read first time
reading-1 - 2026-02-04 Fiscal Impact Statement from State Corporation Commission (HB665)
- 2026-02-05 Read second time
reading-2 - 2026-02-05 committee substitute agreed to
substitution - 2026-02-05 Engrossed by House - committee substitute
substitution - 2026-02-06 Read third time and passed House (84-Y 13-N 0-A)
passage, reading-3 - 2026-02-09 Constitutional reading dispensed (on 1st reading)
- 2026-02-09 Referred to Committee on Commerce and Labor
referral-committee - 2026-02-23 Senate committee offered
- 2026-02-23 Reported from Commerce and Labor with substitute and rereferred to Finance and Appropriations (13-Y 0-N 1-A)
committee-passage - 2026-02-24 Committee substitute printed 26108481D-S1
substitution - 2026-03-02 Fiscal Impact Statement from State Corporation Commission (HB665)
- 2026-03-03 Reported from Finance and Appropriations (15-Y 0-N)
committee-passage - 2026-03-03 Rules suspended
- 2026-03-03 Constitutional reading dispensed (on 2nd reading) (40-Y 0-N 0-A)
- 2026-03-03 Passed by for the day (Voice Vote)
- 2026-03-04 Read third time
reading-3 - 2026-03-04 Commerce and Labor Substitute agreed to
- 2026-03-04 Engrossed by Senate - committee substitute
substitution - 2026-03-04 Passed Senate with substitute (40-Y 0-N 0-A)
passage - 2026-03-04 Senate substitute agreed to by House (84-Y 10-N 0-A)
substitution - 2026-03-11 Enrolled
enrolled - 2026-03-11 Bill text as passed House and Senate (HB665ER)
passage - 2026-03-11 Signed by President
passage - 2026-03-12 Signed by Speaker
passage - 2026-03-14 Enrolled Bill communicated to Governor on March 14, 2026
enrolled, executive-receipt - 2026-03-14 Governor's Action Deadline 11:59 p.m., April 13, 2026
executive-receipt - 2026-04-06 Fiscal Impact Statement from State Corporation Commission (HB665)
- 2026-04-13 Approved by Governor-Chapter 654 (effective 7/1/2026)
executive-signature - 2026-04-13 Acts of Assembly Chapter text (CHAP0654)
Source
OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/a58ceb6b-c07b-4bfb-a88f-1ff0d72b3438. Confidence: reported (aggregated from official Virginia legislature records).