SESSION WATCH
Superseded — its companion passed SENATE · SESSION 2026

No. CS/CS/SB 198

Virtual Currency Kiosks
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SPONSOR
Rules; Banking and Insurance; Rouson
FILED BY
Darryl Ervin Rouson — District 16, Democrat
EFFECTIVE
Except as otherwise expressly provided in this act, this act shall take effect January 1, 2027
COMPANION
CS/CS/HB 1087 — CS/CS/SB 198 was set aside and its companion carried the policy
PROVIDED SUMMARY

Virtual Currency Kiosks; Revising the definition of the term “money services business”; revising the requirements for certain rules adopted by the Financial Services Commission; revising the actions by money services businesses, authorized vendors, or affiliated parties which constitute grounds for disciplinary action; prohibiting persons from engaging in certain business unless they are registered or exempt from registration; prohibiting a virtual currency kiosk business from operating in this state without registering or renewing its registration, etc.

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Plain English Summary

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TIMELINE
2/25/2026
Laid on Table, companion bill(s) passed, see CS/CS/HB 1087 (Ch....
2/25/2026
Substituted CS/HB 505 -SJ 429
2/25/2026
Read 2nd time -SJ 429
2/23/2026
Placed on Special Order Calendar, 02/25/26
2/18/2026
CS/CS by Rules read 1st time
2/12/2026
Placed on Calendar, on 2nd reading
2/12/2026
Pending reference review -under Rule 4.7(2) - (Committee Substitute)
2/10/2026
CS/CS by- Rules; YEAS 24 NAYS 0
2/5/2026
On Committee agenda-- Rules, 02/10/26, 9:00 am, 412 Knott Building
2/4/2026
Now in Rules
2/4/2026
CS by Banking and Insurance read 1st time
2/4/2026
Favorable by Commerce and Tourism; YEAS 9 NAYS 0
1/30/2026
On Committee agenda-- Commerce and Tourism, 02/04/26, 10:30 am,...
1/29/2026
Now in Commerce and Tourism
1/29/2026
Pending reference review under Rule 4.7(2) - (Committee Substitute)
1/28/2026
CS by Banking and Insurance; YEAS 10 NAYS 0
1/23/2026
On Committee agenda-- Banking and Insurance, 01/28/26, 10:30 am,...
1/13/2026
Introduced
11/3/2025
Referred to Banking and Insurance; Commerce and Tourism; Rules
10/15/2025
Filed
14 EARLIER →
STATUTES IT CHANGES
s. 560.103
+161 / −1
s. 560.105
+5 / −0
s. 560.114
+4 / −0
s. 560.125
+6 / −0
s. 560.501
+0 / −0
s. 560.507
+0 / −0
STAFF ANALYSES
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