Relating To Digital Asset Charters.
Last status update Mar 10, 2026
What this measure contains
Establishes within the Department of Commerce and Consumer Affairs' Division of Financial Institutions, beginning 1/1/2027, a digital asset charter program for licensing, regulating, and overseeing digital asset companies and digital asset business activities. Authorizes companies that participated in the Hawaii Digital Currency Innovation Lab to temporarily continue digital asset business activities without a charter in certain circumstances. Appropriates moneys from the compliance resolution fund. Effective 7/1/2050. (SD2)
Source summary of the imported measure. Amendments can change the wording; read a specific version for its complete provisions.
Read the full bill at its source ↗Bill text and versions
Drafts can change as a measure moves through the Legislature. Check the version attached to a recorded vote.
- Introduced · Official document ↗· Jan 23, 2026
- Amended · Official document ↗· Feb 13, 2026
- Amended · Official document ↗· Mar 5, 2026
Legislative path
Each stage below is a recorded decision from the official measure history, attached to the draft it considered. A member's row follows their votes from the first draft to the latest, and a highlighted vote marks where it changed. Committee and conference votes list every member by name. Floor votes list only exceptions; members serving that day who aren't named are shown as ayes in a dashed outline.
- Introduced
- SD1by CPN
- SD2by WAM
Decision stages
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Labor and Technology (LBT) on the introduced draft: Passed, with amendments, reported as SD1
5 aye · 0 no · 0 excused · Source roll call
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Commerce and Consumer Protection (CPN) on the introduced draft: Passed, with amendments, reported as SD1
5 aye · 0 no · 0 excused · Source roll call
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Judiciary (JDC) on SD1: Passed, with amendments, reported as SD2
5 aye · 0 no · 0 excused · Source roll call
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Ways and Means (WAM) on SD1: Passed, with amendments, reported as SD2
13 aye · 0 no · 0 excused · Source roll call
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Senate third reading on SD2: Passed
25 aye · 0 no · 0 excused
Senate members along the path
| Member | LBT Introduced | CPN Introduced | JDC SD1 | WAM SD1 | Third reading SD2 | Change along the path |
|---|---|---|---|---|---|---|
| Brenton AwaSD-023 | Aye | Aye | Aye | |||
| Stanley ChangSD-009 | Aye | Aye | ||||
| Lynn DecoiteSD-007 | Aye | Aye | ||||
| Donovan CruzSD-017 | Aye | Aye | ||||
| Brandon ElefanteSD-016 | Aye | Aye | Aye | |||
| Kurt FevellaSD-020 | Aye | Aye | Aye | |||
| Carol FukunagaSD-011 | Aye | Aye | ||||
| Mike GabbardSD-021 | Aye | Aye | ||||
| Troy HashimotoSD-005 | Aye | Aye | ||||
| Les IharaSD-010 | Aye | Aye | ||||
| Lorraine InouyeSD-001 | Aye | Aye | ||||
| Dru KanuhaSD-003 | Aye | Aye | ||||
| Jarrett KeohokaloleSD-024 | Aye | Aye | ||||
| Michelle KidaniSD-018 | Aye | Aye | ||||
| Donna KimSD-014 | Aye | Aye | ||||
| Rachele Fernandez LamosaoSD-019 | Aye | Aye | Aye | |||
| Chris LeeSD-025 | Aye | Aye | ||||
| Angus McKelveySD-006 | Aye | Aye | ||||
| Sharon MoriwakiSD-012 | Aye | Aye | Aye | |||
| Karl RhoadsSD-013 | Aye | Aye | ||||
| Tim RichardsSD-004 | Aye | Aye | ||||
| Joy San BuenaventuraSD-002 | Aye | Aye | ||||
| Glenn WakaiSD-015 | Aye | Aye |
2 more Senate members only counted as floor ayes
| Member | LBT Introduced | CPN Introduced | JDC SD1 | WAM SD1 | Third reading SD2 | Change along the path |
|---|---|---|---|---|---|---|
| Samantha DeCorteSD-022 | Aye | |||||
| Ronald KouchiSD-008 | Aye |
Aye named · Aye* with reservations · Aye floor vote, not named as an exception · No · Excused · Changed reversed from the previous vote
Names are matched to legislators only when exactly one person fits; every printed name on this measure was matched. A missing vote means no record was found for that member at that stage, not a no vote. Committee codes follow the Legislature's abbreviations.Official measure history ↗
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Legislative history
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Introduced.
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Passed First Reading.
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Referred to CPN/LBT, WAM/JDC.
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The committee(s) on CPN/LBT has scheduled a public hearing on 02-06-26 10:00AM; Conference Room 229 & Videoconference.
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The 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.
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The 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.
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Reported from CPN/LBT (Stand. Com. Rep. No. 2274) with recommendation of passage on Second Reading, as amended (SD 1) and referral to WAM/JDC.
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Report adopted; Passed Second Reading, as amended (SD 1) and referred to WAM/JDC.
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The committee(s) on WAM/JDC will hold a public decision making on 03-04-26 10:35AM; Conference Room 211 & Videoconference.
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The committee(s) on JDC recommend(s) that the measure be PASSED, WITH AMENDMENTS. 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.
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The committee(s) on WAM recommend(s) that the measure be PASSED, WITH AMENDMENTS. 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.
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Reported from WAM/JDC (Stand. Com. Rep. No. 2957) with recommendation of passage on Third Reading, as amended (SD 2).
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48 Hrs. Notice 03-10-26.
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Report adopted; Passed Third Reading, as amended (SD 2). Ayes, 25; Aye(s) with reservations: none . Noes, 0 (none). Excused, 0 (none). Transmitted to House.
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Received from Senate (Sen. Com. No. 291) in amended form (SD 2).
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Pass First Reading
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Referred to CPC, JHA, FIN, referral sheet 17
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Bill scheduled to be heard by CPC on Tuesday, 03-17-26 2:00PM in House conference room 329 VIA VIDEOCONFERENCE.
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The committee(s) on CPC recommend(s) that the measure be deferred.