Commercial and Bakruptcy Law Section Legislative Report
Friday, February 10, 2023 4:05 PM


BILLTITLESUMMARYSTATUS
HSB 154 A bill for an act relating to the use of certain technology, including the legal effect of the use of distributed ledger technology or smart contracts and affirmative defenses associated with the use of cybersecurity programs. This bill relates to the use of certain technology. The bill provides that a record, signature, or contract shall not be denied legal effect because it is created or stored by means of distributed ledger technology or a smart contract, as those terms are defined in the bill. The...

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Subcommittee: Kniff McCulla, Moore, T. and Turek. (2/9/23)
SSB 1095 A bill for an act relating to affirmative defenses for entities using cybersecurity programs and electronic transactions recorded by blockchain technology. This bill relates to cybersecurity programs and blockchain technology. The bill changes the definitions of ?electronic record? and ?electronic signature? in the uniform electronic transactions Act to include blockchain technology. The bill creates affirmative defenses for entities using cybersecurity programs and provides definitions. The bill provides that a covered entity seeking...

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Tabled until future meeting. []. (2/7/23)
SF 203 A bill for an act relating to ransomware and providing penalties.(Formerly SSB 1072.) This bill relates to ransomware. The bill defines ?ransomware? as a computer or data contaminant, encryption, or lock that is placed or introduced without authorization into a computer, computer network, or a computer system that restricts access by an authorized person to a computer, computer data, a computer network, or...

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Fiscal note. (2/6/23)
HF 133 A bill for an act relating to refund payments made in connection with motor vehicle debt cancellation coverage.(Formerly HSB 32.) This bill relates to motor vehicle debt cancellation coverage refunds. The bill provides that the only obligation that a financial institution which purchases retail installment contracts with voluntary debt cancellation coverage has upon prepayment in full is to notify the relevant motor vehicle dealer within 30 days of a payment in...

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Read first time, attached to SF 131. (2/2/23)
HF 143 A bill for an act relating to ransomware and providing penalties. (Formerly HSB 13.) This bill relates to ransomware. The bill defines ?ransomware? as a computer or data contaminant, encryption, or lock that is placed or introduced without authorization into a computer, computer network, or a computer system that restricts access by an authorized person to a computer, computer data, a computer network, or...

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Read first time, attached to SF 203. (2/2/23)
HSB 128 A bill for an act relating to money transmission services. This bill relates to bank transmission services. The bill includes updates to the licensing processes for money transmission services seeking to do business in the state, and encourages the superintendent of banking to collaborate with multistate licensing processes. The bill allows for uniform requirements for licensing across states to ensure...

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Subcommittee: Lundgren, Judge and Mohr, G. (2/1/23)
HSB 54 A bill for an act relating to service of garnishment notices. This bill relates to service of garnishment notices. The bill provides that the sheriff of the county where the action is being enforced, or their designee, shall serve the garnishment notice. Under current law, which county sheriff shall serve the garnishment notice is not specified.

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Subcommittee recommends indefinite postponement. Vote Total: 3-0. (1/31/23)
SSB 1065 A bill for an act relating to service of garnishment notices. This bill relates to service of garnishment notices. The bill provides that the sheriff of the county where the action is being enforced, or their designee, shall serve the garnishment notice. Under current law, which county sheriff shall serve the garnishment notice is not specified.

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Tabled until future meeting. []. (1/31/23)
SSB 1102 A bill for an act relating to money transmission services. This bill relates to bank transmission services. The bill includes updates to the licensing processes for money transmission services seeking to do business in the state, and encourages the superintendent of banking to collaborate with multistate licensing processes. The bill allows for uniform requirements for licensing across states to ensure...

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Subcommittee: Rowley, Giddens, and Gruenhagen. (1/31/23)
HSB 102 A bill for an act providing for the regulation of delivery network companies and drivers, making penalties applicable, and including effective date provisions. This bill provides for the regulation of delivery network companies (DNCs) and delivery network drivers (drivers). A DNC is an entity that uses a digital network to connect DNC customers to drivers who provide delivery services. The bill provides that a DNC is not deemed to control, direct, or...

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Subcommittee Meeting: 01/31/2023 3:00PM RM 103, Sup. Ct. Chamber. (1/30/23)
HSB 32 A bill for an act relating to refund payments made in connection with motor vehicle debt cancellation coverage.(See HF 133.) This bill relates to motor vehicle debt cancellation coverage refunds. The bill provides that the only obligation that a financial institution which purchases retail installment contracts with voluntary debt cancellation coverage has upon prepayment in full is to notify the relevant motor vehicle dealer within 30 days of a payment in...

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Committee report approving bill, renumbered as HF 133. (1/26/23)
SSB 1055 A bill for an act relating to communication methods regarding the disposition of unclaimed property and including applicability provisions. This bill relates to electronic communication regarding property that is assumed to be abandoned for purposes of property held by a bank, financial institution, or business association. The bill defines ?electronic messaging? to mean electronic mail, text messaging, or other electronic means of communication, including an online banking website application. The bill...

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Subcommittee recommends passage. []. (1/26/23)
SF 131 A bill for an act relating to refund payments made in connection with motor vehicle debt cancellation coverage.(Formerly SSB 1020.) This bill relates to motor vehicle debt cancellation coverage refunds. The bill provides that the only obligation that a financial institution which purchases retail installment contracts with voluntary debt cancellation coverage has upon prepayment in full is to notify the relevant motor vehicle dealer within 30 days of a payment in...

Full Bill Text
Committee report, approving bill. (1/25/23)
SSB 1020 A bill for an act relating to refund payments made in connection with motor vehicle debt cancellation coverage.(See SF 131.) This bill relates to motor vehicle debt cancellation coverage refunds. The bill provides that the only obligation that a financial institution which purchases retail installment contracts with voluntary debt cancellation coverage has upon prepayment in full is to notify the relevant motor vehicle dealer within 30 days of a payment in...

Full Bill Text
Committee report approving bill, renumbered as SF 131. (1/25/23)
HSB 33 A bill for an act relating to communication methods regarding the disposition of unclaimed property and including applicability provisions. This bill relates to electronic communication regarding property that is assumed to be abandoned for purposes of property held by a bank, financial institution, or business association. The bill defines ?electronic messaging? to mean electronic mail, text messaging, or other electronic means of communication, including an online banking website application. The bill...

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Subcommittee recommends amendment and passage. Vote Total: 3-0. (1/23/23)