2019 House Bill 4107 / Public Act 171

Add “cryptocurrency” references and definition to various statutes

Introduced in the House

Jan. 29, 2019

Introduced by Rep. Diana Farrington (R-30)

To include a definition of “cryptocurrency” in the money laundering section of the state penal code. This is part of a legislative package comprised of House Bills 4102 to 4107 that adds “cryptocurrency” to the definition of money in various criminal statutes.

Referred to the Committee on Financial Services

March 13, 2019

Reported without amendment

Refer to the Committee on Judiciary.

Referred to the Committee on Judiciary

March 19, 2019

Reported without amendment

Without amendment and with the recommendation that the bill pass.

April 9, 2019

Passed in the House 108 to 1 (details)

Received in the Senate

April 10, 2019

Referred to the Committee on Judiciary and Public Safety

Nov. 12, 2019

Reported without amendment

With the recommendation that the bill pass.

Dec. 10, 2019

Passed in the Senate 38 to 0 (details)

To include a definition of “cryptocurrency” in the money laundering section of the state penal code. This is part of a legislative package comprised of House Bills 4102 to 4107 that adds “cryptocurrency” to the definition of money in various criminal statutes.

Signed by Gov. Gretchen Whitmer

Dec. 20, 2019