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Ka 'Aha'ōlelo Moku'āina 'O Hawai'i

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Measure details
Measure Title: RELATING TO DIGITAL FINANCIAL ASSET TRANSACTION KIOSKS.
Report Title: AG; OCP; DLE; Police; Digital Financial Asset Transaction Kiosks; Cryptocurrency; Operators; Limits; Wallet Pinning; Prohibition; Fraud Prevention; Disclosures; Receipts; Refunds
Description: Establishes limits on transactions through digital financial asset transaction kiosks. Prohibits (1) the exchanging of United States currency, in an amount greater than $100, from new customers for digital financial assets; (2) any two customers from transacting to the same digital financial asset wallet address; and (3) beginning 1/1/2030, the exchange of United States currency from customers for digital financial assets. Requires operators of digital financial asset transaction kiosks to use blockchain analytics and tracing software to prevent fraud; make certain disclosures; provide receipts to customers; provide full refunds under certain circumstances; and provide live customer service and a dedicated communications line for the Attorney General, Office of Consumer Protection, Department of Law Enforcement, and county police departments. Effective 7/1/3000. (HD2)
Companion:  HB2003
Package: None
Current Referral: CPC, JHA, FIN
Introducer(s): ELEFANTE, CHANG, DECOITE, FEVELLA, FUKUNAGA, HASHIMOTO, INOUYE, KEOHOKALOLE, LAMOSAO, RHOADS
Act:

Measure Status History

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DateChamberStatus Text
4/20/2026SReceived notice of appointment of House conferees (Hse. Com. No. 787).
4/20/2026HHouse Conferees Appointed: Matayoshi, Tarnas, Yamashita Co-Chairs; Pierick.
4/20/2026HRe-referred to CPC, JHA, FIN, referral sheet 30
4/16/2026HReceived notice of disagreement (Sen. Com. No. 710).
4/16/2026SSenate disagrees with House amendments.
4/16/2026SReceived from House (Hse. Com. No. 653).
4/14/2026HPassed Third Reading as amended in HD 2 with none voting aye with reservations; Representative(s) Cochran, Garcia, Gedeon, Matsumoto, Muraoka, Pierick, Shimizu voting no (7) and none excused (0). Transmitted to Senate.
4/10/2026HDeferred one day 04-14-26.
4/8/2026HForty-eight (48) hours notice Friday, 04-10-26.
4/8/2026HReported from JHA (Stand. Com. Rep. No. 1828-26) as amended in HD 2, recommending passage on Third Reading.
4/1/2026HThe committee on JHA recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 8 Ayes: Representative(s) Tarnas, Poepoe, Belatti, Kahaloa, Takayama; Ayes with reservations: Representative(s) Cochran, Garcia, Shimizu; 0 Noes: none; and 2 Excused: Representative(s) Hashem, Sayama.
3/30/2026HBill scheduled to be heard by JHA on Wednesday, 04-01-26 2:00PM in House conference room 325 VIA VIDEOCONFERENCE.
3/30/2026HPassed Second Reading as amended in HD 1 and referred to the committee(s) on JHA with Representative(s) Garcia, Shimizu voting aye with reservations; Representative(s) Pierick voting no (1) and Representative(s) Cochran, Lowen, Perruso, Quinlan excused (4).
3/30/2026HReported from CPC (Stand. Com. Rep. No. 1481-26) as amended in HD 1, recommending passage on Second Reading and referral to JHA.
3/18/2026HThe committee on CPC recommend that the measure be PASSED, WITH AMENDMENTS. The votes were as follows: 10 Ayes: Representative(s) Matayoshi, Grandinetti, Chun, Ilagan, Ichiyama, Iwamoto, Kong, Lowen, Marten, Tam; Ayes with reservations: none; 1 Noes: Representative(s) Pierick; and Excused: none.
3/16/2026HBill scheduled to be heard by CPC on Wednesday, 03-18-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
3/12/2026HReferred to CPC, JHA, referral sheet 17
3/12/2026HPass First Reading
3/10/2026HReceived from Senate (Sen. Com. No. 224) in amended form (SD 1).
3/10/2026SReport adopted; Passed Third Reading. Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
3/6/2026SOne Day Notice 03-10-26.
3/6/2026SReported from JDC/WAM (Stand. Com. Rep. No. 3036) with recommendation of passage on Third Reading.
3/4/2026SThe committee(s) on WAM recommend(s) that the measure be PASSED, UNAMENDED. The votes in WAM were as follows: 13 Aye(s): Senator(s) Dela Cruz, Moriwaki, DeCoite, Elefante, Hashimoto, Inouye, Kanuha, Kidani, Kim, Lee, C., Richards, Wakai, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
3/4/2026SThe committee(s) on JDC recommend(s) that the measure be PASSED, UNAMENDED. The votes in JDC were as follows: 5 Aye(s): Senator(s) Rhoads, Gabbard, Chang, San Buenaventura, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
3/2/2026SThe committee(s) on JDC/WAM will hold a public decision making on 03-04-26 10:35AM; Conference Room 211 & Videoconference.
2/13/2026SReport adopted; Passed Second Reading, as amended (SD 1) and referred to JDC/WAM.
2/13/2026SReported from CPN/LBT (Stand. Com. Rep. No. 2257) with recommendation of passage on Second Reading, as amended (SD 1) and referral to JDC/WAM.
2/6/2026SThe committee(s) on CPN recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in CPN were as follows: 5 Aye(s): Senator(s) Keohokalole, Fukunaga, Lamosao, McKelvey, Awa; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2/6/2026SThe committee(s) on LBT recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in LBT were as follows: 5 Aye(s): Senator(s) Elefante, Lamosao, Ihara, Moriwaki, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 0 Excused: none.
2/2/2026SThe committee(s) on CPN/LBT has scheduled a public hearing on 02-06-26 10:00AM; Conference Room 229 & Videoconference.
1/28/2026SReferred to CPN/LBT, JDC/WAM.
1/21/2026SIntroduced and passed First Reading.
1/16/2026SPending Introduction.

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All Versions of this Measure

SB2387_HD2 Link to SB2387_HD2 .PDF file
SB2387_HD1 Link to SB2387_HD1 .PDF file
SB2387_SD1 Link to SB2387_SD1 .PDF file
SB2387 Link to SB2387 .PDF file

Committee Reports

SB2387_SD1_SSCR2257_ Link to committee report SB2387_SD1_SSCR2257_ .PDF file (opens in new window)
SB2387_SD1_SSCR3036_ Link to committee report SB2387_SD1_SSCR3036_ .PDF file (opens in new window)
SB2387_HD1_HSCR1481-26_ Link to committee report SB2387_HD1_HSCR1481-26_ .PDF file (opens in new window)
SB2387_HD2_HSCR1828-26_ Link to committee report SB2387_HD2_HSCR1828-26_ .PDF file (opens in new window)

Testimony

SB2387_TESTIMONY_CPN-LBT_02-06-26_
SB2387_SD1_TESTIMONY_WAM-JDC_03-04-26_
SB2387_SD1_TESTIMONY_CPC_03-18-26_
SB2387_HD1_TESTIMONY_JHA_04-01-26_

Hearing Notices

CPN/LBT
2/06/26 10:00A
CR 229 & Videoconference
JDC/WAM
3/04/26 10:35A
CR 211 & Videoconference
CPC
3/18/26 2:00P
329 VIA VIDEOCONFERENCE
JHA
4/01/26 2:00P
325 VIA VIDEOCONFERENCE