Scope: State (Alaska)
Branch: Legislative
Severity: Amber
Date occurred: September 30, 2026
Alaska SB 86 would overhaul money transmission licensing, virtual currency provisions, and related enforcement authority within the Department of Commerce, Community, and Economic Development. The bill also amends Rules 79 and 82 of the Alaska Rules of Civil Procedure, which govern costs and attorney fees. The measure remains in the House with a fiscal note referred to the Commerce committee.
Constitutional basis: Legislature altering judicial branch procedural rules, which Alaska's constitution permits only by two-thirds vote; bill still pending with no final outcome.