Bill Information

Senate Bill 202
2025-2026 Regular Session
An Act amending the act of September 2, 1965 (P.L.490, No.249), referred to as the Money Transmission Business Licensing Law, further providing for title of act and for definitions; providing for short title; and further providing for license required, for exemptions, for qualifications for a license, for fee, financial statement and security, for liability of licensees, for licensee requirements and for agents.
Co-Sponsorship Memo
Prime Sponsor
Photo of Senator Senator Chris Gebhard
Senator Chris Gebhard
R Senate District 48
Co-Sponsors
Photo of Senator Sen. Sharif Street
Sen. Sharif Street
D Senate District 3
Photo of Senator Sen. Kristin Phillips-Hill
Sen. Kristin Phillips-Hill
R Senate District 28
Photo of Senator Sen. Cris Dush
Sen. Cris Dush
R Senate District 25
Photo of Senator Sen. Lynda Schlegel Culver
Sen. Lynda Schlegel Culver
R Senate District 27
Photo of Senator Sen. Lisa Baker
Sen. Lisa Baker
R Senate District 20
Photo of Senator Sen. Daniel Laughlin
Sen. Daniel Laughlin
R Senate District 49
Photo of Senator Sen. Patrick Stefano
Sen. Patrick Stefano
R Senate District 32
Photo of Senator Sen. Tracy Pennycuick
Sen. Tracy Pennycuick
R Senate District 24
Bill Status & History
Last Action: Re-referred to Appropriations, Feb. 5, 2025 Senate
S
H
0134 Referred to Banking & Insurance, Jan. 29, 2025
Reported as committed, Feb. 3, 2025
First consideration, Feb. 3, 2025
Second consideration, Feb. 5, 2025
Re-referred to Appropriations, Feb. 5, 2025
Printers Numbers
Jan 29, 2025
PN 134
Votes
Committee Meetings
(to consider Senate Bills No. 130, 146, 202, 403 and 404)
(to consider Senate Bills No. 130, 146, 202, 403 and 404)

(to consider Senate Bill No. 202)
(to consider Senate Bill No. 202)
Statute References
There are no statute references for this bill.
Senate Bill 202
2025-2026 Regular Session
Sponsors
GEBHARD, STREET, PHILLIPS-HILL, DUSH, CULVER, BAKER, LAUGHLIN, STEFANO, PENNYCUICK

Short Title
An Act amending the act of September 2, 1965 (P.L.490, No.249), referred to as the Money Transmission Business Licensing Law, further providing for title of act and for definitions; providing for short title; and further providing for license required, for exemptions, for qualifications for a license, for fee, financial statement and security, for liability of licensees, for licensee requirements and for agents.

Memo Subject
Adding Virtual Currency to the Money Transmitter Act

Actions
0134 Referred to BANKING AND INSURANCE, Jan. 29, 2025
Reported as committed, Feb. 3, 2025
First consideration, Feb. 3, 2025
Second consideration, Feb. 5, 2025
Re-referred to APPROPRIATIONS, Feb. 5, 2025

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