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Bill > SB1838
OK SB1838
OK SB1838State government; prohibiting the enaction of licensure for engaging in digital financial asset business. Effective date.
summary
Introduced
02/05/2024
02/05/2024
In Committee
02/06/2024
02/06/2024
Crossed Over
Passed
Dead
05/31/2024
05/31/2024
Introduced Session
2024 Regular Session
Bill Summary
An Act relating to state government; prohibiting the enaction of licensure for engaging in digital financial asset business activity; defining term; providing for codification; and providing an effective date.
AI Summary
This bill prohibits the state government, state entities, or political subdivisions from enacting any law, rule, or ordinance that would require licensure for engaging in "digital financial asset business activity." The term "digital financial asset business activity" is defined to include activities such as exchanging, transferring, or storing digital financial assets, holding electronic precious metals or certificates, and exchanging digital representations of value used in online games. The bill is set to become effective on November 1, 2024.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Second Reading referred to General Government (on 02/06/2024)
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 | http://www.oklegislature.gov/BillInfo.aspx?Bill=sb1838&Session=2400 |
| Fiscal Note/Analysis - Senate: Introduced | http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20SUPPORT%20DOCUMENTS/BILLSUM/Senate/SB1838%20INT%20BILLSUM.PDF |
| BillText | http://webserver1.lsb.state.ok.us/cf_pdf/2023-24%20INT/SB/SB1838%20INT.PDF |
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