Fall Regulatory Summit

Internal Use Only

15 states in total adopt MTMA by 12/31/2023, 25 states adopt by 12/31/2024, and 35 states adopt by 12/31/2025.

Strategy 2, Measure 1 MTMA

2023-2024 Action Plan Highlights

Support state efforts to introduce and pass model law • Develop/gather/post resources for model law introduction and passage • Host MTMA industry stakeholder meetings & facilitate industry coordination • Convene states with introduced bills • Convene states to discuss requests for MTMA amendments Support state efforts to implement model law consistently • Develop/gather/post resources for model law implementation • Convene states with enacted bills preparing to implement the model law • Set regular “office hours” for Q&A and updates

Ongoing Ongoing Ongoing Ongoing Ongoing Ongoing Ongoing

CSBS Member-Only Website: www.csbs.org/model-money-transmission-modernization-act CSBS Public Website: www.csbs.org/csbs-model-money-transmission-modernization-act

Action Owner: Mary Pfaff

Member Sponsor: Tony Salazar

Internal Use Only

Money Transmission Modernization Act Adoption Status – 9/20/2023

Strategy 2, Measure 1 Money Transmission Modernization Act • 15 states by 12/31/2023 • 25 states by 12/31/2024 • 35 states by 12/31/2025

Enacted

13

Enacted Partial 2023 In Progress 2024 In Progress

5 5

19 10

Other

Action Owner: Mary Pfaff (mpfaff@csbs.org)

Member Sponsor: Tony Salazar