HB0417In Committee

Amends TCA Title 38; Title 45 and Title 67, Chapter 6.

Tennessee HB0417 amends the Money Transmission Modernization Act by changing the deadline for licensees to pay the annual nonrefundable supervision fee and submit their annual renewal report from November 1 to October 15, extending the timeframe to December 31. This change affects licensees operating under the Money Transmission Modernization Act. The key provision is the adjustment of the deadline for fee payment and report submission to provide additional time for compliance.

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Overview

Tennessee HB0417 amends the Money Transmission Modernization Act by changing the deadline for licensees to pay the annual nonrefundable supervision fee and submit their annual renewal report from November 1 to October 15, extending the timeframe to December 31. This change affects licensees operating under the Money Transmission Modernization Act. The key provision is the adjustment of the deadline for fee payment and report submission to provide additional time for compliance.

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Sponsor

Unknown

Details
Session

114th General Assembly

Introduced

January 28, 2025

Last Action

March 12, 2025

Assigned to s/c Banking & Consumer Affairs Subcommittee

Subjects
17680330

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