Video & Transcript : 'suspicious cash transactions' :

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AL

Alabama 2026 Regular Session

Alabama House Financial Services Committee Mar 18th, 2026

Financial Services

Transcript Highlights:
  • The bill requires licensed money transmission businesses to report certain large or suspicious cash transactions
  • The bill requires reporting of suspicious cash transactions of $2,000 or more, cash transactions of $10,000
  • </c> to report certain large or suspicious to report certain large or suspicious cash<00:07:54.879><c
  • /c><00:08:02.560><c> cash</c> requires reporting of suspicious cash requires reporting of suspicious
  • ><c> more,</c><00:08:05.199><c> cash</c> transactions of 2,000 or more, cash transactions of 2,000 or
Bills: HB585, HB585
AL

Alabama 2026 Regular Session

Alabama Senate Banking and Insurance Committee Apr 1st, 2026

Banking and Insurance

Transcript Highlights:
  • bill that provides guidance for rounding for our businesses or small business in the state that take cash
  • bill that provides guidance for rounding for our businesses or small business in the state that take cash
  • I have expertise in cash being in the trucking business. I do a little bit.
  • :09.880><c> final</c> it would go to a nickel if the final it would go to a nickel if the final transaction
  • If it was let's say transaction was.
Bills: HB545
AL

Alabama 2026 Regular Session

Alabama House Financial Services Committee Mar 10th, 2026

Financial Services

Transcript Highlights:
  • One is to provide a clear, uniform standard for rounding cash transactions to protect consumers and protect
  • How this would actually work: this only applies to cash transactions.
  • c><00:07:23.440><c> only</c><00:07:23.759><c> applies</c><00:07:24.160><c> to</c><00:07:24.319><c> cash
  • </c> actually work, this only applies to cash actually work, this only applies to cash transactions.<
  • Um total purchase amount transactions.
Bills: HB545, HB545
AL

Alabama 2025 Regular Session

Alabama House Financial Services Committee Apr 9th, 2025

Financial Services

Transcript Highlights:
  • It does not affect any transaction originating from... ...affect any transaction originating from a banking
  • They would be responsible if they're sending cash without a cash app, without PayPal, or without Venmo
  • Because that's a lot of cash transactions, aren't they?
  • That anything that has a cash transaction that's not with a bank, it... transaction that's not with a
  • I'm going to have to pay that 4% if I use cash. No matter how I... use cash.
Bills: HB297
AL

Alabama 2025 Regular Session

Alabama House Financial Services Committee Apr 23rd, 2025

Financial Services

Transcript Highlights:
  • I know a lot of the concerns that we had were around the 4% per international cash transaction.
  • Just know there is no per transaction fee in this. per transaction fee per se in this.
  • In summary, um, on line 87-88, it talks about the suspicious cash transactions of 2,000 or more. cash
  • transactions of 2,000 or more reported within 30 days.
  • They track the transactions they have... They track the transactions they have already.
Bills: HB297, HB587
WA

Washington 2025-2026 Regular Session

House Finance Jan 22nd, 2026 at 01:30 pm

Finance

Transcript Highlights:
  • House Bill 2334 provides for the rounding of the total price of a transaction involving cash payments
  • paying cash.
  • transactions. ...our stores from violations of the SNAP Equal Treatment Rule when rounding on cash transactions
  • This bill updates Washington's cash transaction rules to eliminate the need for pennies and establishes
  • Rounding applies only to cash transactions, as was mentioned, while electronic payments continue to reflect
WA

Washington 2025-2026 Regular Session

Senate Transportation Feb 9th, 2026 at 04:00 pm

Transportation

Transcript Highlights:
  • Senate Bill 623 requires the total price of a cash transaction to be rounded to the nearest amount divisible
  • Senator Leas provides permissive authority to state and local agencies to round the total price of the cash
  • transaction when pennies are not available.
  • It requires any tax, fee, or similar charge included in or applicable to the transaction to still be
  • Vice Chair Lovick, Senate Bill 6230, adjusting the price of a cash transaction to eliminate the need
AZ

Arizona 2026 Regular Session

02/10/2026 - House Commerce

Commerce

Transcript Highlights:
  • These districts run out of cash. We're holding the bag.
  • The bill applies Swedish rounding to a final total transaction amount of a cash transaction after taxes
  • So then I took a whole bunch of cash out and started paying everything by cash.
  • A bunch of cash out and started paying everything by cash.
  • House Bill 2938 provides a practical, uniform framework for how cash transactions may be rounded when
FL

Florida 2026 Regular Session

Finance and Tax Feb 12th, 2026

Finance and Tax

Transcript Highlights:
  • This bill establishes clear, uniform rules for rounding cash transactions. Customers.
  • This bill establishes clear, uniform rules for rounding cash transactions to the nearest nickel while
  • The bill also makes clear that rounding applies only to cash, not electronic or card payments, and provides
  • Finally, the strike-all serves as a safeguard for pawn and recycling transactions to ensure that sellers
  • Transactions to ensure that sellers are always paid in full or rounded up, and that is the bill.
Summary: The Committee on Finance and Tax met with a quorum present and heard several bills, most of them focused on tax policy and property-related exemptions. CS/SB 118 clarified how non-ad valorem special assessments apply to recreational vehicle parks, and an amendment removed a requirement that local governments consider RV park occupancy rates when apportioning assessments. The bill was supported by a Florida Retail Federation representative and was reported favorably. The committee also reported favorably on SB 1520, which modifies Live Local Act property tax exemption provisions by extending the vesting period for the missing middle exemption and expanding the data used for local government opt-outs; SB 678, which reestablishes the framework allowing distributors to deduct unsellable alcohol from monthly excise tax; and CS/SB 680, which creates a sales tax exemption to address double taxation on electricity used at EV charging stations. Each of these bills had support from industry or trade groups, and CS/SB 680 drew comments from Senator Gaetz praising the bill as a solution to prior tax collection confusion. The committee then approved CS/SB 450, which updates property tax exemption rules for surviving spouses of permanently and totally disabled veterans by allowing transfer of a larger portion of the exemption to a new homestead; an amendment raised the transferable amount to up to 120% of the prior exemption. The final bill, CS/SB 1074, was amended to establish uniform rules for rounding cash transactions to the nearest nickel in light of the Federal Reserve’s suspension of penny distribution, while preserving tax calculations and providing liability protections; it also included safeguards for pawn and recycling transactions. All bills considered were reported favorably, Senator Gaetz asked to be recorded as voting yes on all bills, and the committee adjourned without objection.
FL

Florida 2026 Regular Session

Commerce and Tourism Jan 21st, 2026

Commerce and Tourism

Transcript Highlights:
  • As a result, retailers will soon be unable to provide exact change in pennies to cash-paying customers
  • Without exact change, retailers will have no choice but to round to the nearest nickel for cash customers
  • The rounding outlined in this bill only applies to cash transactions, not to electronic transactions.
Summary: The Committee on Commerce and Tourism heard and advanced several bills focused on economic development, consumer protection, workforce issues, and technology. SB 1076 would raise Florida’s research and development tax credit cap from $9 million to $50 million beginning with the 2027 allocation, and it was reported favorably. SB 1266, as amended, creates a cybersecurity experiential internship and clearance-readiness program with Cyber Florida and was also reported favorably. SB 554, a Florida Bar-backed update to the not-for-profit corporations statute, was approved without opposition. SB 1004, aimed at protecting buyers of dogs and cats from deceptive sales practices and predatory financing at retail pet stores, received supportive testimony from animal welfare advocates and was reported favorably. SB 1074, which sets rounding rules for cash transactions if pennies are unavailable, also passed favorably. The committee also considered SB 998, the Department of Commerce package, which combines updates to the Small Cities CDBG program, clarification of rural community eligibility, an exemption from a reverter clause for military-related land conveyances, and revisions to E-Verify enforcement. The E-Verify portion drew the most debate, with questions about employer cure periods, treatment of current investigations, and whether the bill creates a loophole for independent contractors. Senator Smith opposed the bill, arguing it creates unequal enforcement between employers and immigrant workers, while Senator Wright supported the military-related provisions. SB 998 was reported favorably on a divided vote. SB 214, which expands the rural community definition to include special districts in rural counties, was reported favorably. The committee then took up SB 482, an artificial intelligence consumer-protection bill that creates an “AI bill of rights” covering companion chatbots, parental controls for minors, data privacy, de-identified data, unauthorized use of likeness, and enforcement by the Attorney General, with a limited private cause of action for minors. The bill drew extensive testimony both in support and in opposition, including concerns about privacy, age verification, and enforcement, but it was reported favorably. Finally, the committee approved SPB 7030, a public-records exemption tied to Department of Legal Affairs investigations under the AI bill, and adjourned after members requested to be recorded on certain votes.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Mar 5th, 2025

Ways and Means Education

Transcript Highlights:
  • It affects individuals who send cash It affects individuals who send cash wired through companies that
  • for goods and services or any transactions.
  • , or debit card transactions.
  • A neighboring state and transact that business.
  • Transaction between the retailer, where the credit card transaction happens, and the person that actually
Bills: HB61, HB327, HB253, HB297
LA

Louisiana 2026 Regular Session

Commerce Mar 17th, 2026

Commerce

Transcript Highlights:
  • An actual transaction does happen. It is legitimate, yes.
  • We need you to verify: Did you try to make this transaction?
  • Right around the time that that transaction happened.
  • And he would like me to help him with this transaction.
  • “I know, a Cash App or something like that.
FL

Florida 2026 Regular Session

Children, Families, and Elder Affairs Feb 3rd, 2026

Children, Families, and Elder Affairs

Transcript Highlights:
  • We will take up temporary cash assistance eligibility by Senator Bracey Davis.
Bills: S0996, S1022, S1462, S1690
Summary: The Committee on Children, Families, and Elder Affairs heard and advanced four bills. CS/SB 1690, on early childhood education, was amended with a delete-all amendment that required public posting of child care inspection reports and data on child deaths, injuries, and substantiated abuse; changed certain notice and insurance provisions for family and large family child care homes; created the Florida Endowment for Early Learning; and made related definitional changes. The amendment was adopted and the committee reported the bill favorably. SB 1022, on children’s initiatives, would add two new Florida Children’s Initiatives in Bay County and Pompano in Broward County; the sponsor described the program as a community-based service network model, and the bill was reported favorably without opposition. SB 996, on dependent children, would require DCF and community-based care lead agencies to coordinate and regularly meet with organizations focused on people with lived experience in the child welfare system, and to publish how suggestions are implemented. Several young adults with foster care experience testified in support, emphasizing the importance of youth voice, normalcy, and teaching financial responsibility through allowance. The bill was reported favorably after supportive debate. The committee also considered CS/SB 1462, on temporary cash assistance eligibility, after adopting an amendment that narrowed a SNAP eligibility carve-out to people who were victims of human trafficking at the time of a drug conviction. The sponsor said the bill was intended to remove barriers to reunification and redemption. After supportive testimony and no opposition, the committee reported the bill favorably. The meeting then adjourned.
WA

Washington 2025-2026 Regular Session

House Finance Feb 6th, 2026 at 08:00 am

Finance

Transcript Highlights:
  • House Bill 2334 relates to adjusting the price of a cash transaction to eliminate the need for pennies
  • The underlying bill provides mechanisms and rules for rounding for cash transactions.
  • Amounts paid in cash are applied first, and any remaining balance may be paid through non-cash methods
  • such that rounding is not applied to the non-cash payments.
  • transactions.
AL

Alabama 2025 Regular Session

Alabama House Ways and Means Education Committee Mar 19th, 2025

Ways and Means Education

Transcript Highlights:
  • Any transaction originating from Vinmo. Any transaction originating from Vinmo.
  • or sale of money order or check cashing or sale of money order or check cashing or credit and debit
  • card transactions.
  • Who credit and debit card transactions. Who credit and debit card transactions.
  • transfers like Western include cash transfers like Western include cash transfers like Western Union
Bills: SB199, HB142, SB86, HB152, HB297, SB1, SB1
WY

Wyoming 2026 Regular Session

House Travel, Recreation, Wildlife & Cultural Resources Committee, February 19, 2026

Travel, Recreation, Wildlife & Cultural Resources

Transcript Highlights:
  • I don't always carry cash.
  • I don't always carry cash.
  • </c><00:03:45.760><c> And</c><00:03:45.920><c> so</c> cash? I don't always carry cash. And so cash?
  • I don't always carry cash.
  • The transaction fees are too high.
Bills: SF0024