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

Senator Chris Gebhard
R Senate District 48
Co-Sponsors

Sen. Sharif Street
D Senate District 3

Sen. Kristin Phillips-Hill
R Senate District 28

Sen. Cris Dush
R Senate District 25

Sen. Lynda Schlegel Culver
R Senate District 27

Sen. Lisa Baker
R Senate District 20

Sen. Daniel Laughlin
R Senate District 49

Sen. Patrick Stefano
R Senate District 32

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
Votes
Monday, February 3, 2025
Senate BANKING & INSURANCE Committee Vote
Senate BANKING & INSURANCE Committee Vote - Senate Bill 202 PN0134, Reported as Committed - opens in a new tab
Senate BANKING & INSURANCE Committee Vote - Senate Bill 202 PN0134, Reported as Committed - opens in a new tab
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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