HB1156: Digital asset mining.
Legislative Summary
Digital asset mining. Prohibits a county, municipality, or township (unit) from adopting or enforcing an ordinance that would have the effect of prohibiting, restricting, or impairing an individual's or a business's ability to: (1) use digital assets to purchase legal goods and services; (2) accept digital assets as a method of payment for legal goods and services; (3) use a hardware wallet or self-hosted wallet to store the individual's or business's digital assets; (4) take custody of digital assets by using a hardware wallet or self-hosted wallet; or (5) operate a node for the purpose of connecting to a blockchain protocol and participating in the blockchain protocol's operations. Provides that use of a property for a digital asset mining business is a permitted industrial use under any applicable zoning ordinance of a unit and may not be disallowed by a zoning ordinance in a zoning district that permits industrial use. Prohibits a unit from applying the unit's zoning ordinances in specified ways to regulate digital asset mining.
Demographic Impact
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Bill History
Status Information
Sponsors
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