summary
Introduced
01/20/2017
01/20/2017
In Committee
02/16/2017
02/16/2017
Crossed Over
01/28/2017
01/28/2017
Passed
02/17/2017
02/17/2017
Dead
Signed/Enacted/Adopted
02/17/2017
02/17/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO FINANCIAL INSTITUTIONS; INCREASING THE THRESHOLD AMOUNT OF REVENUE EARNED FROM CHECK CASHING SERVICES THAT REQUIRES A PERSON TO BE LICENSED PURSUANT TO THE UNIFORM MONEY SERVICES ACT; DECREASING APPLICATION AND LICENSURE FEES.
AI Summary
This bill increases the revenue threshold from $2,500 to an unspecified amount that requires a person to be licensed under the Uniform Money Services Act to engage in check cashing services. Additionally, the bill decreases the application and licensure fees for such services.
Committee Categories
Business and Industry, Military Affairs and Security, Transportation and Infrastructure
Sponsors (4)
Last Action
[LD 32] Signed by the Governor - Chapter 104 (on 02/17/2017)
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.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=276&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/final/HB0276.pdf |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/house/HB0276.pdf |
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