Idaho payments and fintech bills

What it would do: Requires virtual currency kiosk operators to be licensed money transmitters and establishes fraud prevention requirements including transaction limits for new customers, mandatory disclosures, customer service standards, transaction receipts, blockchain analytics use, and refund provisions for fraudulent transactions.

What it would do: Excludes programmable money from the definition of money in Idaho's Uniform Commercial Code and creates Chapter 54 prohibiting issuers from denying transactions based on protected characteristics, social credit scores, or lawful activities, with civil remedies and criminal penalties of up to $10,000 per violation.

What it would do: Imposes a $5 plus 4% excise tax on international money transmissions originating in Idaho, collected by money transmitters. Allows individuals legally present in the US to claim a refundable income tax credit or refund for taxes paid.

What it would do: Authorizes Idaho to use payment stablecoins qualified under federal law or issued by U.S. states for state vendor and contractor payments, with the state treasurer and controller jointly maintaining an authorized list and submitting annual reports to the legislature.

What it would do: Establishes the Idaho Earned Wage Access Services Act requiring providers to obtain licenses from the Department of Finance, sets licensing fees and renewal requirements, establishes provider requirements and prohibitions regarding fees and consumer protections, and grants the director enforcement authority.

What it would do: Prohibits financial institutions and payment networks from using firearms codes to identify or discriminate against firearms retailers or ammunition transactions in Idaho, and authorizes the attorney general to investigate violations and seek injunctions with civil penalties up to $10,000.

What it would do: Prohibits charging interchange fees on separately identified tax and gratuity portions of electronic payment transactions, requiring payment card networks to deduct or rebate such fees at settlement or within 30 days of merchant documentation submission, with a $1,000 per-transaction penalty for violations.