2/22/2024 Senate Committee on Banking and Financial Institutions
Banks and Financial Institutions · February 22, 2024
The Banks and Financial Institutions committee heard three bills including House Bill 1053 (a measure to bar state participation in Federal Reserve CBDC testing), a mortgage "trigger" consumer-protection bill, and House Bill 1018 (prohibiting use of a new merchant category code labeling gun stores). Lawmakers and industry groups spoke in favor of the CBDC ban; all three measures were moved and passed by unanimous voice vote in the hearing.
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