Maine legislation · 132nd Legislature
Maine LD1969: An Act to Amend the Maine Revised Unclaimed Property Act and Clarify the Definition of "Virtual Currency"
Status: Signed into law, April 13, 2026
What the bill says
An Act to Amend the Maine Revised Unclaimed Property Act and Clarify the Definition of "Virtual Currency".
From the engrossed text:
An Act to Amend the Maine Revised Unclaimed Property Act and Clarify the Definition of "Virtual Currency" Sec. 1. 33 MRSA §2052, sub-§23-A is enacted to read: 23-A. Private key. "Private key" means a unique element of cryptographic data used for signing transactions on a blockchain, as defined in Title 32, section 6164, subsection 1, that is known to the owner of the element. Sec. 2. 33 MRSA §2052, sub-§24, ¶B, as amended by PL 2019, c. 571, §3, is further amended by amending subparagraph (1) to read: (1) Money, virtual currency, interest or a dividend, check, draft, deposit or payroll card; Sec. 3. 33 MRSA §2052, sub-§32-A is enacted to read: 32-A. Virtual currency. "Virtual currency" means a digital representation of value used as a medium of exchange, unit of account or store of value, which is not legal tender, regardless of whether or not it is denominated in legal tender. "Virtual currency" does not include: A. A loyalty card, including a transaction in which a merchant grants as part of an affinity or rewards program value that cannot be taken from or exchanged with the merchant for legal tender, bank or credit union credit or a digital financial asset; or B. Game-related digital content consisting of a digital representation of value issued by or on behalf of a …
Sponsors
- Morgan Rielly (D) · primary sponsor
Latest actions
- : PASSED TO BE ENACTED, in concurrence.
- : PASSED TO BE ENACTED. Sent for concurrence. ORDERED SENT FORTHWITH.
- : Report READ and ACCEPTED, in concurrence.READ ONCE.Committee Amendment "A" (H-947) READ and ADOPTED, in concurrence.Under suspension of the Rules, READ A SECOND TIME and PASSED TO BE ENGROSSED AS AMENDED BY Committee Amendment "A" (H-947), in concurrence.Ordered sent down forthwith.
- : CONSENT CALENDAR - FIRST DAYUnder suspension of the rules CONSENT CALENDAR - SECOND DAY.The Bill was PASSED TO BE ENGROSSED as Amended by Committee Amendment "A" (H-947).Sent for concurrence. ORDERED SENT FORTHWITH.
- : Carried over, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.
- : The House RECEDED and CONCURRED to REFERENCE to the Committee on STATE AND LOCAL GOVERNMENT.ORDERED SENT FORTHWITH.
- : On motion by Senator CARNEY of Cumberland REFERENCE to the Committee on STATE AND LOCAL GOVERNMENT In NON-CONCURRENCE Sent down for concurrence
- : Committee on JUDICIARY suggested and ordered printed. On motion of Representative KUHN of Falmouth, the Bill was REFERRED to the Committee on HEALTH COVERAGE, INSURANCE AND FINANCIAL SERVICES.Sent for concurrence. ORDERED SENT FORTHWITH.
Subjects: PROPERTY, Legislature, Senate, UNCLAIMED PROPERTY ACT, STATE GOVERNMENT, Other
Common questions
- What is LD1969?
- LD1969 is a bill in the Maine Legislature (132nd Legislature): An Act to Amend the Maine Revised Unclaimed Property Act and Clarify the Definition of "Virtual Currency".
- What does LD1969 do?
- In its own words: An Act to Amend the Maine Revised Unclaimed Property Act and Clarify the Definition of "Virtual Currency".
- What is the status of LD1969?
- Signed into law as of April 13, 2026. Latest action: PASSED TO BE ENACTED, in concurrence. (April 6, 2026).
- Who sponsored LD1969?
- Morgan Rielly (D).
- Where is the official record for LD1969?
- On the Maine Legislature website: https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1969&snum=132
Source: official Maine record. Tracked by Delilah, AI for legislation across all 50 states and Congress.