Financial institutions; regulation of money transmitters, penalty, effective date.

Removed draft metadata including the offer date, committee attribution, and patron name.

Added official session year, 'Enrolled' status, chapter title, and approval notation to finalize the document.

Added a new 'access partner' category allowing licensed lenders to use third parties for limited loan distribution tasks, with strict rules prohibiting these partners from charging fees or negotiating loan terms.

Updated application requirements to mandate criminal history background checks for corporate entities and their controlling persons, whereas the old law only required checks for individuals.

Added a specific exemption for private security services businesses that transport money, removing the need for them to obtain a separate money transmitter license.

Refined the definition of 'money transmission' to explicitly include payroll processing services and clarified that 'money' does not include virtual currency.

Changed the effective date of the new regulations from January 1, 2026, to July 1, 2026, and included transition provisions for existing licenses.

Removed the specific section regulating 'money order sellers' as a distinct category, integrating those functions into the broader money transmission framework.

Added new provisions for cease and desist orders against authorized delegates and clarified grounds for license revocation related to unsafe practices.