Idaho Capitol Watch

SB 1423: FINANCIAL ACCOUNTABILITY STABLECOIN TRANSACTION ACT – Adds to existing law to establish the Financial Accountability Stablecoin Transaction (FAST) Act to provide for the authorization and use of payment stablecoins.

Establishes the Financial Accountability Stablecoin Transaction (FAST) Act to authorize and regulate payment stablecoins in Idaho.

Status

Transmitted to House (March 27, 2026) · Originated in the Idaho Senate · Introduced March 23, 2026

Sponsors

  • STATE AFFAIRS COMMITTEE

Committees

  • JR for Printing

Bill history

  • March 23, 2026 — Senate: Introduced; read first time; referred to JR for Printing
  • March 24, 2026 — Senate: Reported Printed; referred to State Affairs
  • March 25, 2026 — Senate: Reported out of Committee with Do Pass Recommendation; Filed for second reading (do_pass)
  • March 26, 2026 — Senate: Read second time; filed for Third Reading
  • March 27, 2026 — Senate: Read third time in full – PASSED - 22-13-0AYES – Adams, Anthon, Bernt, Bjerke(Bjerke), Burtenshaw, Cook, Den Hartog, Galloway, Grow, Guthrie, Harris, Lakey, Lent, Rabe, Ricks, Ruchti, Semmelroth, Tayl (passed)
  • March 27, 2026 — House: Received from the Senate, Filed for First Reading
  • March 27, 2026 — House: Read First Time, Referred to Commerce & Human Resources

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Canonical URL: https://idahocapitolwatch.com/bills/2026-SB1423