Maine 132th Legislature Status: Introduced

LD 1197 — An Act To Update The Maine Money Transmission Modernization Act By Removing Provisions Of Law Regarding Unhosted Wallets

Last action — Pursuant to Joint Rule 310.3 Placed in Legislative Files (DEAD)

Track this bill free

No card. One bill, free forever — alerts when it moves.

  1. 1
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill has been introduced in the House. Introduced May 01, 2025. It must pass committee before a floor vote.

Next likely step: a committee referral and hearing.

Prognosis

Not enough signal yet

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

Not enough signal yet to read this bill's trajectory — we surface a likelihood only once there's real movement (stage, sponsorship, committee, or votes) to point to.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

An Act to Update the Maine Money Transmission Modernization Act by Removing Provisions of Law Regarding Unhosted Wallets

Bill Text

Action History

  1. Reported Out — ONTP

  2. Voted — ONTP

  3. Work Session Held

  4. Work Session Held — TABLED

Sponsors

  • LD 1197 · Primary

Sponsorship breakdown

Export CSV (upgrade) →

1 sponsors · 0 co-sponsors · 185 not signed on

Sponsors (1)

  • LD 1197

Co-sponsors (0)

None.

Not signed on (185)

185 members have not signed on to this bill.

Show all 185 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does LD 1197 do?
An Act to Update the Maine Money Transmission Modernization Act by Removing Provisions of Law Regarding Unhosted Wallets
Who sponsors LD 1197?
LD 1197 is sponsored by LD 1197.
What is the current status of LD 1197?
This bill has been introduced in the House. Introduced May 01, 2025. It must pass committee before a floor vote.
Where can I track LD 1197?
Track LD 1197 free on One Click Politics — get push/email alerts when it moves.

Make your voice heard on LD 1197

Find the representatives who decide this bill and tell them where you stand — for yourself, or mobilize your whole list in one click with One Click Politics advocacy software.

Find my representatives → Run a campaign

Stay ahead of LD 1197

Last checked for changes about 2 months ago · updated continuously

One Click Politics tracks every bill in Congress and all 50 states.

Track this bill →