HB 2169
Money wire transmissions; Drug Money Laundering and Wire Transmitter Act; increasing certain fee and percentage amount; effective date.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill amends Oklahoma’s Wire Transmitter Act to increase fees and percentage amounts associated with money wire transmissions. The goal is to provide additional resources to law enforcement for combating drug money laundering. Specifically, the bill raises fees for certain wire transfer services and increases the percentage of funds seized to be used for drug-related crime prevention and prosecution. It takes effect upon passage and approval.
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