International wire transfers; fee on wire transfers imposed; income tax credit for wire transfer fees paid, authorized; Securities Commission and Revenue Department to administer

What it does: As introduced, requires money transmitters to charge $7.50 plus 1.5% of any amount over $500 on outgoing international wire transfers, funds sheriffs' immigration enforcement costs from the fees, and allows an income tax credit for fees paid, up to $5,000. (AI-written summary of the bill; the official record shows the exact version voted)

Question before the chamber: Third Reading in House of Origin

Read the official record ↗