Banks & Banking 2.20.26

House Committee on Banks & Banking · February 20, 2026

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Opening and invocation

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17:04 → 17:47(43s)

Chair called the meeting to order, announced agenda and asked Representative Donahue to give the invocation. Representative Donahue offered a prayer and the meeting proceeded to introductions.

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Committee heard two bills: a proposed state stablecoin regulatory framework paired with the federal "Genius Act," and a retail cash-rounding bill to address the end of penny production. Members questioned licensing, consumer protections, department funding and oversight; both bills were moved and passed by voice vote.

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Transcript

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