summary
Introduced
01/18/2019
01/18/2019
In Committee
01/24/2019
01/24/2019
Crossed Over
Passed
Dead
05/02/2019
05/02/2019
Introduced Session
2019 Regular Session
Bill Summary
Gives various types of fiduciaries access to the digital assets of the principal.
AI Summary
This bill establishes a new chapter in the Hawaii Revised Statutes to provide fiduciaries (such as personal representatives, guardians, agents, and trustees) with access to the digital assets of the individuals they represent. It defines key terms, outlines the authority of different fiduciaries over digital assets, requires custodians to comply with fiduciaries' requests for access, and provides immunity to custodians who act in good faith. The bill applies to fiduciaries acting before, on, or after July 1, 2019, but does not apply to digital assets used by an employee in the ordinary course of the employer's business.
Committee Categories
Business and Industry
Sponsors (9)
Rosalyn Baker (D)*,
J. Kalani English (D)*,
Lorraine Inouye (D)*,
Gilbert Keith-Agaran (D)*,
Jarrett Keohokalole (D)*,
Stanley Chang (D),
Mike Gabbard (D),
Brian Taniguchi (D),
Glenn Wakai (D),
Last Action
The committee on TEC deferred the measure. (on 01/31/2019)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.capitol.hawaii.gov/measure_indiv.aspx?billtype=SB&billnumber=847&year=2019 |
| BillText | https://www.capitol.hawaii.gov/session2019/bills/SB847_.HTM |
| Bill | https://www.capitol.hawaii.gov/session2019/bills/SB847_.pdf |
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