|
State
|
Bill Number
|
Bill Title
|
Bill Status
|
Bill Summary
|
|
Alabama
|
None
|
|
|
|
|
Alaska
|
H 86
|
Money Transmission
|
Pending
|
Relates to the business of money transmission, relates to money transmission licenses, licensure requirements, and registration through the Nationwide Multistate Licensing System and Registry, relates to the use of virtual currency for money transmission, relates to authorized delegates of a licensee, relates to acquisition of control of a license, relates to record retention and reporting requirements.
|
|
Alaska
|
S 84
|
Money Transmission
|
Pending
|
Relates to the business of money transmission, relates to money transmission licenses, licensure requirements, and registration through the Nationwide Multistate Licensing System and Registry, relates to the use of virtual currency for money transmission, relates to authorized delegates of a licensee, relates to acquisition of control of a license, relates to record retention and reporting requirements.
|
|
Arizona
|
S 1191
|
Disbursements and Applicability
|
Pending
|
Relates to disbursements, relates to applicability, relates to definition.
|
|
Arizona
|
S 1235
|
Legal Tender and Specie and Bitcoin
|
Pending
|
Relates to legal tender, relates to specie, relates to bitcoin.
|
|
Arizona
|
S 1239
|
State Agencies and Payments and Cryptocurrency
|
Pending
|
Relates to state agencies, relates to payments, relates to cryptocurrency.
|
|
Arizona
|
S 1240
|
Virtual Currency and Property Tax Exemption
|
Pending
|
Relates to virtual currency, relates to property tax exemption.
|
|
Arizona
|
SCR 1007
|
Property Tax Exemption and Virtual Currency
|
Pending
|
Relates to property tax exemption, relates to virtual currency.
|
|
Arkansas
|
H 1438
|
Uniform Money Services Act
|
Pending
|
Amends the Uniform Money Services Act.
|
|
Arkansas
|
H 1588
|
Uniform Commercial Code
|
Pending
|
Amends the uniform commercial code.
|
|
California
|
A 39
|
Digital Financial Asset Market: Regulatory Oversight
|
Pending
|
Enacts the Digital Financial Assets Law. Prohibits a person from engaging in digital financial asset business activity or holding itself out as being able to engage in digital financial asset business activity, with or on behalf of a resident unless any of certain criteria are met, including the person being licensed with the Department of Financial Protection and Innovation.
|
|
California
|
A 76
|
Money Laundering: Blockchain Technology
|
Pending
|
Expands money laundering to include conducting a transaction involving a monetary instrument of specified value using blockchain technology. Expands the definition of a monetary instrument to include virtual assets that use blockchain technology, including, but not limited to, nonfungible tokens and cryptocurrencies.
|
|
California
|
A 1229
|
Unincorporated Associations: Decentralized Nonprofit
|
Pending
|
Adds provisions governing decentralized nonprofit associations, defined as an unincorporated association consisting of at least a specified number of members with a primary common purpose other than to operate a business for profit whose governance and operations are reliant, in full or in part, on a blockchain or other distributed ledger technology.
|
|
California
|
A 1336
|
Nonfungible Token Marketplaces
|
Pending
|
Requires a nonfungible token marketplace, as defined, to disclose the terms and conditions at the time a user contracts with the nonfungible token marketplace.
|
|
California
|
S 95
|
Commercial Transactions
|
Pending
|
Revises provisions of the Commercial Code generally in accordance with the revisions to Articles 1, 2, 2A, 3, 4A, 5, 7, 8, and 9 of, the addition of Article 12 to, and the addition of specified general provisions and definitions, transitional provisions, and effective date provisions to, the Uniform Commercial Code, as proposed in the 2022 Amendments to the Uniform Commercial Code by the National Conference of Commissioners on Uniform State Laws.
|
|
California
|
S 401
|
Digital Financial Asset Transaction Kiosks
|
Pending
|
Provides for the regulation of digital financial asset transaction kiosks, as defined, by the Department of Financial Protection and Innovation. Prohibits, among other things, an operator, as defined, from accepting or dispensing more than $1,000 in a day from or to a resident via a digital financial asset transaction kiosk.
|
|
Colorado
|
H 1086
|
Due Process Asset Forfeiture Act
|
Pending
|
Concerns enactment of the Due Process Asset Forfeiture Act.
|
|
Colorado
|
S 90
|
Uniform Commercial Code Amendments
|
Pending
|
Makes changes to the Uniform Commercial Code drafted by the Uniform Law Commission, amends definitions, updates the provisions of the UCC related to secured transactions by, among other things, addressing security interests and rights to payment related to controllable electronic records and specifying how to perfect security interests in controllable accounts and controllable payment intangibles.
|
|
Connecticut
|
H 6752
|
Digital Assets
|
Pending
|
Concerns digital assets, authorizes the banking commissioner to adopt, amend and rescind regulations, forms and orders governing the business use of digital assets, defines virtual currency address, virtual currency kiosk and virtual currency wallet, establishes certain requirements applicable to owners or operators of virtual currency kiosks.
|
|
Connecticut
|
S 262
|
Purchase of Cryptocurrency with a Credit or Debit Card
|
Pending
|
Concerns the purchase of cryptocurrency with a credit or debit card, provides that cryptocurrency may be purchased with a credit card or debit card.
|
|
Delaware
|
None
|
|
|
|
|
District of Columbia
|
B25-5
|
Uniform Commercial Code Amendment Act of 2023
|
Pending
|
Amends the Uniform Commercial Code, Subtitle I of Title 28 of the District of Columbia Code, to add a new Article 12 Controllable Electronic Records, to provide rules for transactions involving digital assets, including cryptocurrency, non-fungible tokens, and electronic promises to pay, and to provide for their negotiability and their perfection by control.
|
|
Florida
|
None
|
|
|
|
|
Georgia
|
H 55
|
Banking and Finance
|
To governor
|
Merges money transmitter and seller of payment instrument licensing and regulation requirements, provides for restrictions on banking and trust nomenclature, provides for trust powers, provides for credit union powers, provides for membership of credit union audit and credit committees, provides for credit union loans and dividends, provides exemptions from money transmission licensing requirements, provides that a foreign bank may not engage in business in the State unless under specified conditions.
|
|
Georgia
|
H 219
|
Banking and finance
|
Pending
|
Relates to records and reports of currency transactions, so as to provide for venue for the offense of money laundering, provides for legislative findings, relates to theft, so as to provide for venue for the offense of theft of money held in a financial institution, provides for legislative findings, provides for related matters, repeals conflicting laws.
|
|
Guam
|
None
|
|
|
|
|
Hawaii
|
H 525
|
Controllable Electronic Records
|
Pending
|
Provides that if chattel paper is evidenced only by an authoritative electronic copy of the chattel paper or is evidenced by an authoritative electronic copy and an authoritative tangible copy, the local law of the chattel paper's jurisdiction shall govern perfection, the effect of perfection or nonperfection, and the priority of a security interest in the chattel paper, regardless of whether the transaction bears any relation to the chattel paper's jurisdiction.
|
|
Hawaii
|
H 790
|
Digital Currency Companies
|
Pending
|
Establishes a licensing program that will replace the digital currency innovation lab, appropriates funds to the Department of Commerce and Consumer Affairs.
|
|
Hawaii
|
H 1261
|
Digital Currency Companies Regulation
|
Pending
|
Provides that criminal history record checks may be conducted by specified entities, including but not limited to the Department of Commerce and Consumer affairs on each control person, executive officer, director, general partner, and managing member of a special purpose digital currency company licensee, or an applicant for a special purpose digital currency license, appropriates funds.
|
|
Hawaii
|
S 352
|
Uniform Commercial Code
|
Pending
|
Implements amendments to the Uniform Commercial Code set forth by the Uniform Law Commission.
|
|
Hawaii
|
S 945
|
Digital Currency Companies
|
Pending
|
Establishes a licensing program that will replace the Digital Currency Innovation Lab, appropriates funds.
|
|
Idaho
|
H 188
|
Revised Unclaimed Property Act
|
Pending
|
Repeals and adds to existing law to enact the Revised Unclaimed Property Act.
|
|
Illinois
|
H 3479
|
Uniform Money Transmission Modernization Act
|
Pending
|
Creates the Uniform Money Transmission Modernization Act, provides that the provisions supersede the Transmitters of Money Act, sets forth provisions concerning money transmission licenses, acquisition of control, reports and records, authorized delegates, timely transmission, refunds, and disclosures, prudential standards, enforcement, creates the Digital Assets Regulation Act.
|
|
Illinois
|
S 1239
|
Cryptocurrency and Cryptocurrency Mining
|
Pending
|
Amends the Civil Administrative Code, defines cryptocurrency and cryptocurrency mining, changes the definition of qualifying data center to include data centers engaged in cryptocurrency mining that made or committed to make a capital investment over a 60-month period prior to the effective date of the amendatory act.
|
|
Illinois
|
S 1718
|
Corporate Fiduciary Act
|
Pending
|
Amends the Corporate Fiduciary Act to create the Special Purpose Trust Company Authority and Organization Article, provides that a corporation that has been or shall be incorporated under the general corporation Laws of the State for the special purpose of providing fiduciary custodial services or providing other like or related services as specified by rule may be appointed to act as a fiduciary with respect to such services and shall be designated a special purpose trust company.
|
|
Indiana
|
S 468
|
Uniform Commercial Code Amendments
|
Pending
|
Amends the Uniform Commercial Code in relation to emerging technologies, general provisions and definitions, sales, leases, negotiable instruments, fund transfers, letters of credit, documents of title, investment securities, and secured transactions, establishes a new chapter in the UCC that governs controllable electronic records and incorporates the provisions of the ULC's amendments governing controllable electronic records.
|
|
Iowa
|
H 618
|
Commercial Transactions
|
Pending
|
Relates to commercial transactions, includes control and transmission of electronic records and digital assets.
|
|
Iowa
|
S 540
|
Commercial Transactions
|
Pending
|
Relates to commercial transactions, including control and transmission of electronic records and digital assets.
|
|
Kansas
|
H 2167
|
Regulate the Use of Cryptocurrency in Campaign Finance
|
Failed
|
Relates to amending the Campaign Finance Act to regulate and limit the use of cryptocurrency and to prohibit the use of any political funds collected by a candidate or candidate committee for a candidate for federal office.
|
|
Kansas
|
S 204
|
Technology Enabled Fiduciary Financial Institutions Act
|
Pending
|
Replacing the definition of charitable beneficiaries with qualified charities in the technology-enabled fiduciary financial institutions act.
|
|
Kentucky
|
S 64
|
Uniform Commercial Code
|
Pending
|
Establishes transactions subject to provisions of article, amends various sections of Articles 2, 2A, 4A, and 9 of KRS Chapter 355 to remove writing requirements, establishes when article applies to hybrid leases, amends definition of negotiable instrument in KRS 355.3-104, accommodates electronic transactions, modifies security procedure requirements relating to funds transfers, establishes governing law standards for letters of credit.
|
|
Louisiana
|
None
|
|
|
|
|
Maine
|
H 59
|
Digital Assets
|
Pending
|
Creates a new Uniform Commercial Code article on controllable electronic records, updates a specified article to allow perfection of security interests in digital assets, promotes new rules for mixed transactions involving both goods and services, updates rules for electronic negotiable instruments.
|
|
Maine
|
S 409
|
Virtual Currency
|
Pending
|
Makes clear that this type of financial institution may hold virtual currency or other digital assets.
|
|
Maryland
|
H 192
|
Campaign Finance Entity Cryptocurrency Prohibitions
|
Pending
|
Prohibits a campaign finance entity from depositing funds in a cryptocurrency account, prohibits certain persons subject to campaign finance regulation from making or accepting contributions or donations using cryptocurrency, prohibits a campaign finance entity or a person acting on behalf of a campaign finance entity from making an expenditure using cryptocurrency, authorizes the state administrator of elections or the administrator's designee to investigate certain violations.
|
|
Maryland
|
S 269
|
Campaign Finance Cryptocurrency Prohibitions
|
Pending
|
Prohibits a campaign finance entity from depositing funds in a cryptocurrency account, prohibits certain persons subject to campaign finance regulation from making or accepting contributions or donations using cryptocurrency, prohibits a campaign finance entity or a person acting on behalf of a campaign finance entity from making an expenditure using cryptocurrency, authorizes the state administrator of elections or the administrator's designee to investigate certain violations.
|
|
Massachusetts
|
H 69
|
Blockchain and Cryptocurrency
|
Pending
|
Establishes a special commission on blockchain and cryptocurrency.
|
|
Massachusetts
|
H 70
|
Cryptocurrencies and Digital Assets
|
Pending
|
Provides that the office of the state treasurer will develop and periodically review and update a digital module and resources on cryptocurrencies and digital assets.
|
|
Massachusetts
|
S 29
|
Blockchain and Cryptocurrency
|
Pending
|
Establishes a special commission on blockchain and cryptocurrency.
|
|
Massachusetts
|
S 690
|
Consumers in Cryptocurrency Exchanges
|
Pending
|
Protects consumers in cryptocurrency exchanges.
|
|
Michigan
|
None
|
|
|
|
|
Minnesota
|
H 1176
|
Third-Party Payers and Dental Providers
|
Pending
|
Relates to insurance, specifies provisions for third-party payers and dental providers.
|
|
Minnesota
|
H 2392
|
Campaign Finance
|
Pending
|
Relates to campaign finance, modifies certain campaign finance provisions, provides civil penalties.
|
|
Minnesota
|
H 2680
|
Department of Commerce Biennial Budget
|
Pending
|
Relates to commerce, establishes a biennial budget for Department of Commerce, modifies various provisions governing insurance, establishes a strengthen Minnesota homes program, regulates money transmitters, establishes and modifies provisions governing energy, renewable energy, and utility regulation, establishes a state competitiveness fund, makes technical changes, establishes penalties, authorizes administrative rulemaking, requires reports.
|
|
Minnesota
|
H 2754
|
Department of Commerce Biennial Budget
|
Pending
|
Relates to commerce, establishes a biennial budget for Department of Commerce, modifies various provisions governing insurance, establishes a strengthen Minnesota homes program, regulates money transmitters, establishes and modifies provisions governing energy, renewable energy, and utility regulation, establishes a state competitiveness fund, makes technical changes, establishes penalties, authorizes administrative rulemaking, requires reports, appropriates money.
|
|
Minnesota
|
S 1265
|
Third-Party Payers and Dental Providers
|
Pending
|
Relates to insurance, specifies provisions for third-party payers and dental providers.
|
|
Minnesota
|
S 1362
|
Elections
|
Pending
|
Relates to elections, makes technical and clarifying changes.
|
|
Minnesota
|
S 1943
|
Campaign Finance
|
Pending
|
Relates to campaign finance, modifies certain campaign finance provisions, provides civil penalties.
|
|
Minnesota
|
S 2744
|
Biennial Budget for Department of Commerce
|
Pending
|
Relates to commerce, establishes a biennial budget for Department of Commerce, modifies various provisions governing insurance, establishes a strengthen Minnesota homes program, regulates money transmitters, establishes and modifies provisions governing energy, renewable energy, and utility regulation, establishes a state competitiveness fund, makes technical changes, establishes penalties, authorizes administrative rulemaking, requires reports, appropriates money.
|
|
Minnesota
|
S 2847
|
Biennial Budget for Department of Commerce
|
Pending
|
Relates to commerce, establishes a biennial budget for Department of Commerce, modifies various provisions governing insurance, establishes a strengthen Minnesota homes program, regulates money transmitters, establishes and modifies provisions governing energy, renewable energy, and utility regulation, establishes a state competitiveness fund, makes technical changes, establishes penalties, authorizes administrative rulemaking, requires reports, appropriates money.
|
|
Mississippi
|
H 848
|
Mississippi Digital Asset Mining Act
|
Pending
|
Creates the state digital asset mining act, defines the term virtual currency, provides an exemption for the buying, selling, issuing, receiving or taking custody of virtual currency under the state money transmitters act.
|
|
Mississippi
|
H 849
|
Open Blockchain Token Exchange
|
Failed
|
Provides that a person who develops, sells or facilitates the exchange of an open blockchain token is not subject to certain securities and money transmission Laws, authorizes certain verification authority to the secretary of state, provides an exemption for a person who develops, sells or facilitates the exchange of an open blockchain token, revises the definitions of the terms broker dealer and security to provide that the terms do not include a person who develops, sells or facilitates the exchange.
|
|
Mississippi
|
H 1290
|
Orphaned Well Cryptocurrency Mining Partnership Program
|
Failed
|
Creates the Orphaned Well Cryptocurrency Mining Partnership Program for the purpose of authorizing cryptocurrency miners to assume liability of plugging, remediating, or reclaiming orphaned wells, in return for temporary control of the energy from the well, requires the state department of environmental quality to administer the program, defines certain terms relating to orphaned wells and cryptocurrency mining, creates the orphaned well cryptocurrency mining partnership program fund.
|
|
Mississippi
|
S 2435
|
Orphaned Well Partnership Program
|
Failed
|
Creates the orphaned well partnership program.
|
|
Mississippi
|
S 2603
|
Digital Asset Mining Act
|
Failed
|
Creates the Mississippi Digital Asset Mining Act, defines the term virtual currency, provides an exemption for the buying, selling, issuing, receiving or taking custody of virtual currency under the state money transmitters act.
|
|
Missouri
|
H 586
|
Division of Finance
|
Pending
|
Modifies provisions relating to the Division of Finance.
|
|
Missouri
|
H 725
|
Offenses Involving Teller Machines
|
Pending
|
Modifies and establishes offenses involving teller machines.
|
|
Missouri
|
H 764
|
Digital Asset Mining and Virtual Currencies
|
Pending
|
Establishes provisions relating to digital asset mining and virtual currencies.
|
|
Missouri
|
H 1108
|
Sexual Offender Registry
|
Pending
|
Modifies provisions relating to the sexual offender registry.
|
|
Missouri
|
H 1165
|
Uniform Commercial Code
|
Pending
|
Modifies and establishes provisions relating to the Uniform Commercial Code.
|
|
Missouri
|
H 1375
|
Gold and Silver
|
Pending
|
Creates and modifies provisions relating to gold and silver.
|
|
Missouri
|
S 100
|
Gold and Silver
|
Pending
|
Creates and modifies provisions relating to gold and silver.
|
|
Missouri
|
S 186
|
Criminal Offenses Involving Teller Machines
|
Pending
|
Modifies provisions relating to criminal offenses involving teller machines.
|
|
Missouri
|
S 536
|
Digital Mining
|
Pending
|
Relates to digital mining.
|
|
Missouri
|
S 692
|
Virtual Currency
|
Pending
|
Creates new provisions relating to virtual currency.
|
|
Montana
|
H 136
|
Revised Unclaimed Property Act
|
Pending
|
Adopts Revised Unclaimed Property Act, relates to money transfer, relates to property, relates to rule making.
|
|
Montana
|
S 178
|
Cryptocurrency Laws
|
Pending
|
Provides that digital assets used as a method of payment may not be subject to any additional tax, withholding, assessment, or charge by the state or a local government that is based solely on the use of the digital asset as the method of payment.
|
|
Montana
|
S 370
|
Uniform Commercial Code
|
Pending
|
Revises Uniform Commercial Code, relates to credit transactions.
|
|
Nebraska
|
L 94
|
Uniform Commercial Code
|
Pending
|
Adopts and changes provisions for controllable electronic records under the Uniform Commercial Code.
|
|
Nebraska
|
L 214
|
Changes to Federal Law Regarding Banking and Finance
|
Pending
|
Adopts changes to federal law regarding banking and finance and change provisions relating to digital asset depositories, loan brokers, mortgage loan originators, and installment loans.
|
|
Nebraska
|
L 669
|
Director of Banking and Finance
|
Pending
|
Provides powers for the director of banking and finance regarding conditions on financial institutions.
|
|
Nebraska
|
L 674
|
Digital Asset Depositories
|
Pending
|
Changes provisions relating to digital asset depositories.
|
|
Nevada
|
A 55
|
Uniform Unclaimed Property Act
|
Pending
|
Relates to unclaimed property, revises provisions of the Uniform Unclaimed Property Act, closes title an act relating to unclaimed property, revises provisions of the Uniform Unclaimed Property Act.
|
|
Nevada
|
S 165
|
Emerging Technologies Task Force
|
Pending
|
Relates to technology, creates the Emerging Technologies Task Force within the Department of Business and Industry, prescribes the membership, powers and duties of the task Force, authorizes the director of the to create an Opportunity Center for Emerging Technology Businesses as part of the Office of Business Finance and Planning of the Department, provides other matters properly relating thereto.
|
|
Nevada
|
S 333
|
Virtual Currency Business Activity
|
Pending
|
Relates to virtual currency, requires a virtual currency business to provide to the commissioner of financial institutions a written disclosure before engaging in virtual currency business activity with or on behalf of a resident of this state, creates the Virtual Currency Recovery Account, requires a virtual currency business to pay to the commissioner an annual assessment, authorizes the commissioner to award grants to certain residents who are customers of certain virtual currency businesses.
|
|
Nevada
|
S 360
|
Digital Financial Asset Business Activity
|
Pending
|
Relates to digital financial assets, provides for the licensure and regulation of persons engaged in digital financial asset business activity, sets forth certain requirements concerning the operations of a person who is licensed to engage in digital financial asset business activity, provides penalties, provides other matters properly relating thereto.
|
|
New Hampshire
|
H 225
|
Privacy Rights
|
Pending
|
Provides that no currency, whether tangible, digital, or otherwise, which inherently compromises privacy by provision of transaction or usage details to any government agency or partner, allows programming of prohibited or mandatory uses, has the ability to block or refuse any lawful transactions, can be connected to any form of credit score, can be programmed with an expiration date, or can be programmed with non-market driven inflation, may be used as legal tender by any entity for any debts in the state.
|
|
New Hampshire
|
H 584
|
Controllable Electronic Records
|
Pending
|
Makes changes to the Uniform Commercial Code relative to controllable electronic records.
|
|
New Hampshire
|
H 645
|
Decentralized Autonomous Organizations
|
Pending
|
Establishes decentralized autonomous organizations within the state.
|
|
New Jersey
|
A 385
|
Digital Payment Platform
|
Pending
|
Requires the Department of Treasury to review and approve a digital payment platform.
|
|
New Jersey
|
A 1975
|
Virtual Currency and Blockchain Regulation Act
|
Pending
|
Relates to virtual currency and blockchain, amends definition of digital asset and digital consumer asset, game-related digital content, stablecoin, and virtual currency, provides that a qualifying financial institution may serve as a qualified custodian under federal Securities and Exchange Commission rules established pursuant to 17 C.F.R. section 275.206(4), provides that in performing custodial services, a qualifying financial institution shall take specified actions.
|
|
New Jersey
|
A 2371
|
Digital Asset and Blockchain Technology Act
|
Pending
|
Relates to the Digital Asset and Blockchain Technology Act and Nationwide Multistate Licensing System, provides that the Bureau of Securities in the Division of Consumer Affairs in the Department of Law and Public Safety shall have the authority to determine whether a person is required to be licensed, provides that the bureau may deny, suspend or revoke a digital asset business license under certain conditions, including but not limited to upon finding that such actions are in the public interest.
|
|
New Jersey
|
A 3287
|
Virtual Currency and NFTs
|
Pending
|
Includes virtual currency and NFTs in definition of gift as applicable to public officials.
|
|
New Jersey
|
A 4355
|
Financial Literacy Instruction
|
Pending
|
Requires public high school students to receive financial literacy instruction on higher education costs, student financial assistance, and cryptocurrencies.
|
|
New Jersey
|
S 1267
|
Virtual Currency and Blockchain Regulation Act
|
Pending
|
Relates to Virtual Currency and Blockchain Regulation Act.
|
|
New Jersey
|
S 1756
|
Digital Asset and Blockchain Technology Act
|
Pending
|
Concerns digital assets and blockchain technology, provides that a person shall not engage in a digital asset business activity, or hold itself out as being able to engage in a digital asset business activity, with or on behalf of a resident, unless the person is licensed in the state by the Bureau of Securities in the Division of Consumer Affairs in the Department of Law and Public Safety.
|
|
New Jersey
|
S 3321
|
Digital Payment Platform
|
Pending
|
Requires Department of Treasury to review and approve digital payment platform.
|
|
New Mexico
|
H 90
|
Controllable Electronic Records
|
To governor
|
Relates to commercial transactions, amends, repealing and enacting sections of the uniform commercial code, provides for controllable electronic records.
|
|
New Mexico
|
H 165
|
Uniformed Unclaimed Property act
|
To governor
|
Relates to Uniform Unclaimed Property Act.
|
|
New Mexico
|
H 356
|
Technology Sandbox Act
|
Failed - Adjourned
|
Relates to Technology Sandbox Act.
|
|
New York
|
A 938
|
Disclosures in Advertisements Involving Virtual Tokens
|
Pending
|
Requires certain disclosures by a developer of virtual tokens in advertisements involving such virtual tokens, provides restrictions concerning advertising.
|
|
New York
|
A 944
|
Offenses of Virtual Token Fraud
|
Pending
|
Establishes the offenses of virtual token fraud, illegal rug pulls, private key fraud and fraudulent failure to disclose interest in virtual tokens.
|
|
New York
|
A 954
|
Cryptocurrency and Blockchain Task Force
|
Pending
|
Establishes the New York state cryptocurrency and blockchain study task force to provide the governor and the legislature with information on the effects of the widespread use of cryptocurrencies and other forms of digital currencies and their ancillary systems, including but not limited to blockchain technology, in the state.
|
|
New York
|
A 2318
|
Disclosures in Advertisements Involving Virtual Tokens
|
Pending
|
Requires certain disclosures in advertisements involving virtual tokens.
|
|
New York
|
A 2532
|
State Agencies and Cryptocurrencies
|
Pending
|
Establishes that state agencies are allowed to accept cryptocurrencies such as bitcoin, ethereum, litecoin and bitcoin cash as payment.
|
|
New York
|
A 2599
|
Task Force to Study State Issued Cryptocurrency
|
Pending
|
Establishes a task force to study the impact of a state-issued cryptocurrency on the state of New York.
|
|
New York
|
A 2676
|
Task Force to Study Economic Empowerment Zones
|
Pending
|
Establishes a task force to study the potential designation of economic empowerment zones for the mining of cryptocurrencies in the state of New York.
|
|
New York
|
A 2873
|
Reporting of Cryptocurrency Holdings
|
Pending
|
Relates to reporting of cryptocurrency holdings on the annual statement of financial disclosure.
|
|
New York
|
S 359
|
Crypto Fraud Offenses
|
Pending
|
Establishes certain offenses relating to crypto fraud.
|
|
New York
|
S 360
|
Disclosures in Advertisements
|
Pending
|
Requires certain disclosures in advertisements involving virtual tokens.
|
|
New York
|
S 1891
|
Cryptocurrency and Blockchain Study Task Force
|
Pending
|
Establishes the state cryptocurrency and blockchain study task force to provide the governor and the legislature with information on the effects of the widespread use of cryptocurrencies and other forms of digital currencies and their ancillary systems, including but not limited to blockchain technology in the state.
|
|
New York
|
S 5621
|
Reporting of Cryptocurrency Holdings
|
Pending
|
Relates to reporting of cryptocurrency holdings on the annual statement of financial disclosure filed with the legislative ethics commission or the joint commission on public ethics.
|
|
North Carolina
|
H 237
|
Criminalizes Money Laundering
|
Pending
|
Criminalizes money laundering, establishes an enhanced sentence if a defendant is convicted of an offense and the defendant was wearing a mask, hood, or other clothing or device to conceal or attempt to conceal the defendant's identity.
|
|
North Dakota
|
S 2119
|
Money Transmitters
|
Enacted
|
Relates to money transmitters, provides for definitions, provides exemptions from certain requirements, provides that, with specified exceptions, a person may not engage in the business of money transmission without a license, provides that a licensee shall submit a renewal report with the renewal fee, in a form and in a medium prescribed by the commissioner of the Department of Financial Institutions, provides that the commissioner may assess a civil penalty for violations.
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N. Mariana Islands
|
Not available
|
|
|
|
|
Ohio
|
None
|
|
|
|
|
Oklahoma
|
H 1600
|
Commercial Digital Asset Mining
|
Pending
|
Relates to digital asset mining, provides for a sales tax exemption, specifies exemptions under the State Sales Tax Code, including, between specified dates, the sales of machinery and equipment, including but not limited to, servers and computers, racks, power distribution units, cabling, switchgear, transformers, substations, software, and network equipment, and electricity used for commercial mining of digital assets purposes in a colocation facility.
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|
Oklahoma
|
H 1633
|
Legal Tender
|
Pending
|
Relates to legal tender, defines terms, requires acceptance of cash as legal tender, provides penalties and enforcement, exempts certain transactions, provides for codification, provides an effective date.
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|
Oklahoma
|
S 443
|
Orphaned Well Bitcoin Mining Partnership Program
|
Pending
|
Relates to the Corporation Commission, defines terms, creates Orphaned Well Bitcoin Mining Partnership Program, authorizes commission to promulgate rules, requires commission to publish certain program-relevant information, provides for competitive bidding process, provides for confidentiality of certain submitted information, requires participating company submit certain orphaned well site information, provides for good faith negotiation with mineral rights owner.
|
|
Oklahoma
|
S 750
|
Digital Asset Mining
|
Pending
|
Relates to digital asset mining, creates the Commercial Digital Asset Mining Act of 2023, provides short title, states intent, defines terms, provides sales tax exemption for the sale of certain equipment and machinery, relates to income tax credit for certain investments, provides credit for investment in certain facilities, updates statutory language, limits credit used to offset tax for certain entities, provides for codification, provides an effective date.
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|
Oregon
|
H 2816
|
High Energy Use Facility
|
Pending
|
Requires person who owns, operates or controls high energy use facility to ensure that greenhouse gas emissions associated with electricity used by high energy use facility are reduced to 60% below baseline emissions levels by 2027, 80% below baseline emissions levels by 2030, 90% below baseline emissions levels by 2035 and 100% below baseline emissions levels by 2040.
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|
Pennsylvania
|
H 407
|
Task Force on Digital Currency
|
Pending
|
Establishes a task force on digital currency and the impact on widespread use of cryptocurrency and other forms of digital currencies in this Commonwealth.
|
|
Pennsylvania
|
S 356
|
Ethics Standards and Financial Disclosure
|
Pending
|
Amends Title 65 Public Officers of the Pennsylvania Consolidated Statutes, in ethics standards and financial disclosure, provides for definitions, for restricted activities and for penalties.
|
|
Puerto Rico
|
S 1107
|
Oversight of the Financing of Political Campaigns
|
Pending
|
Relates to the Law for the Oversight of the Financing of Political Campaigns, in order to define what is a digital asset or cryptocurrency, authorizes candidates and committees to accept any digital asset or cryptocurrency as a contribution under Law 222-2011, provides that an increase in the value of the donated digital asset or cryptocurrency held by a candidate or committee must be reported as interest.
|
|
Rhode Island
|
H 5533
|
Banking Statutes and the Home Loan Protection Act
|
Pending
|
Amends outdated provisions of the Banking Statutes and the Home Loan Protection Act, adds consumer protections, including minimum capital requirements and limits on investments, for currency transmitters including crypto currency, adds a consumer protection for student loan borrowers and removes the provision allowing deposit of securities in lieu of bond.
|
|
Rhode Island
|
H 5836
|
Rhode Island Economic Growth Blockchain Act
|
Pending
|
Establishes an Economic Growth Blockchain Act, which would regulate virtual and digital assets, establishes depository banks for these purposes.
|
|
Rhode Island
|
S 696
|
The Banking Statutes and The Home Loan Protection Act
|
Pending
|
Amends outdated provisions of the banking statutes and the home loan protection act, adds consumer protections, including minimum capital requirements and limits on investments, adds a consumer protection for student loan borrowers and removes the provision allowing deposit of securities in lieu of bond for currency transmitters including crypto currency.
|
|
A. Samoa
|
Not available
|
|
|
|
|
South Carolina
|
None
|
|
|
|
|
South Dakota
|
S 43
|
Money Transmission Provisions
|
Enacted
|
Relates to money transmission, provides that a letter of credit must be issued by a federally insured depository financial institution, a foreign bank that is authorized under federal law to maintain a federal agency or federal branch office in a state or states, or a foreign bank that is authorized under state law to maintain a branch in a state that bears an eligible rating or whose parent company bears an eligible rating and is regulated, supervised, and examined by U.S. federal or state authorities.
|
|
Tennessee
|
None
|
|
|
|
|
Texas
|
H 1666
|
Commingling of Funds By Digital Asset Service Providers
|
Pending
|
Relates to the commingling of funds by digital asset service providers.
|
|
Texas
|
H 1942
|
Regulation of Sports Wagering
|
Pending
|
Relates to the regulation of sports wagering, requires occupational permits, authorizes fees, imposes a tax, decriminalizes wagering on certain sports events, creates criminal offenses, provides administrative penalties.
|
|
Texas
|
H 2223
|
Sales and Use Tax Temporary Exemption
|
Pending
|
Relates to the temporary exemption of certain tangible personal property related to virtual currency mines from sales and use taxes.
|
|
Texas
|
H 2690
|
Liability for Distribution of Abortion Inducing Drugs
|
Pending
|
Relates to abortion, including civil liability for distribution of abortion-inducing drugs and duties of Internet service providers, creates a criminal offense, authorizes a private civil right of action.
|
|
Texas
|
H 3573
|
Modernizing the Regulation of Money Services Businesses
|
Pending
|
Relates to modernizing the regulation of money services businesses.
|
|
Texas
|
H 3768
|
Formation of Decentralized Unincorporated Associations
|
Pending
|
Relates to the formation of decentralized unincorporated associations and the use of distributed ledger or blockchain technology for certain business purposes, authorizes a fee.
|
|
Texas
|
H 4278
|
Orphaned Well Bitcoin Mining Partnership Program
|
Pending
|
Relates to the establishment by the Railroad Commission of the state of the orphaned well bitcoin mining partnership program.
|
|
Texas
|
H 4903
|
Establishment of a Digital Currency Backed by Gold
|
Pending
|
Relates to the establishment of a digital currency backed by gold, authorizes a fee.
|
|
Texas
|
H 5011
|
Amendments to the Uniform Commercial Code
|
Pending
|
Relates to amendments to the Uniform Commercial Code, including amendments concerning certain intangible assets and the perfection of security interests in those assets.
|
|
Texas
|
HCR 88
|
Creation of a Central Bank Digital Currency
|
Pending
|
Expresses opposition to the creation of a central bank digital currency.
|
|
Texas
|
HCR 89
|
Bitcoin Economy in Texas
|
Pending
|
Expresses support for the bitcoin economy in the state.
|
|
Texas
|
HJR 146
|
Constitutional Amendment
|
Pending
|
Proposes a constitutional amendment relating to the right to own, hold, and use a mutually agreed upon medium of exchange.
|
|
Texas
|
S 715
|
Regulation of Sports Wagering
|
Pending
|
Relates to the regulation of sports wagering, requires occupational permits, authorizes fees, imposes a tax, decriminalizes wagering on certain sports events, creates criminal offenses, provides administrative penalties.
|
|
Texas
|
S 770
|
Commingling of Funds By Digital Asset Service Providers
|
Pending
|
Relates to the commingling of funds by digital asset service providers.
|
|
Texas
|
S 895
|
Modernizing the Regulation of Money Services Businesses
|
Pending
|
Modernizes the regulation of money services businesses.
|
|
Texas
|
S 1461
|
Regulation of Online Global Marketplaces
|
Pending
|
Relates to regulation of online global marketplaces.
|
|
Texas
|
S 1751
|
Regulation and Tax Treatment of the ERCOT Power Region
|
Pending
|
Relates to the regulation and tax treatment of facilities in the ERCOT power region that demand a large load of interruptible power.
|
|
Texas
|
S 2075
|
Uniform Commercial Code Amendment
|
Pending
|
Relates to amendments to the Uniform Commercial Code, including amendments concerning certain intangible assets and the perfection of security interests in those assets.
|
|
Texas
|
S 2334
|
Establishment of a Digital Currency Backed by Gold
|
Pending
|
Relates to the establishment of a digital currency backed by gold, authorizes a fee.
|
|
Texas
|
SCR 25
|
Creation of a Central Bank Digital Currency
|
Pending
|
Expresses opposition to the creation of a central bank digital currency.
|
|
Texas
|
SJR 67
|
Mutually Agreed Upon Medium of Exchange
|
Pending
|
Proposes a constitutional amendment relating to the right to own, hold, and use a mutually agreed upon medium of exchange.
|
|
Utah
|
H 216
|
Business and Chancery Court Amendments
|
Enacted
|
Establishes the Business and Chancery Court, addresses the post-judgment interest rate for judgments of the Business and Chancery Court, addresses retention elections for judges of the Business and Chancery Court, addresses salaries for judges of the Business and Chancery Court, provides that the Business and Chancery Court is not geographically divided into districts, provides the number of judges of the Business and Chancery Court, amends the membership of the Judicial Council. Includes disputes regarding cryptocurrency under the jurisdiction of the Business and Chancery Court.
|
|
Utah
|
H 357
|
Decentralized Autonomous Organizations Amendments
|
Enacted
|
Allows a decentralized autonomous organization that has not registered as a for profit corporate entity or a nonprofit entity to be treated as the legal equivalent of a domestic limited liability company, enacts the Decentralized Autonomous Organization Act, establishes the requirements of a decentralized autonomous organization to be recognized by the state, establishes the purposes for which a decentralized autonomous organization may be formed, relates to blockchains.
|
|
Vermont
|
None
|
|
|
|
|
Virginia
|
H 1727
|
Credit Unions
|
Enacted
|
Provides that a credit union may provide its customers with virtual currency custody services so long as the credit union has adequate protocols in place to effectively manage risks and comply with applicable laws and, prior to offering virtual currency custody services, the credit union has carefully examined the risks in offering such services through a methodical self-assessment process.
|
|
Virginia
|
H 1784
|
Securities
|
Failed
|
Relates to securities, relates to digital token exemption, relates to decentralized autonomous organizations, provides an exemption from securities registration requirements for issuers or sellers of digital tokens, as defined in the bill, under certain circumstances, directs the State Corporation Commission to develop a form and submission process for an issuer or seller of digital tokens to file a notice of intent with the Commission.
|
|
U.S. Virgin Islands
|
None
|
|
|
|
|
Washington
|
S 5077
|
Uniform Commercial Code
|
Pending
|
Concerns the Uniform Commercial Code.
|
|
West Virginia
|
None
|
|
|
|
|
Wisconsin
|
None
|
|
|
|
|
Wyoming
|
H 86
|
Disclosure of Private Cryptographic Keys
|
Enacted
|
Prohibits the compelled production of a private key that relates to a digital asset, digital identity or other interest or right, except under specified conditions, defines private key as a unique element of cryptographic data, or any substantially similar analogue, which is held by a person, paired with a unique, publicly available element of cryptographic data, and associated with an algorithm that is necessary to carry out an encryption or decryption required to execute a transaction.
|
|
Wyoming
|
S 75
|
Decentralized Autonomous Organizations Amendments
|
Enacted
|
Relates to corporations, amends statutory provisions regulating decentralized autonomous organizations, defines publicly available identifier, provides that articles of organization shall be amended when there is a false or erroneous statement in the articles of organization, the decentralized autonomous organization's smart contracts have been updated or changed, or the publicly available identifier has changed.
|
|
Wyoming
|
S 76
|
State Digital Asset Registration Act
|
Enacted
|
Provides for the registration of digital assets with the secretary of state, provides that the Chancery Court shall have jurisdiction to hear and decide actions for equitable or declaratory relief and for actions where the prayer for money recovery is an amount exceeding a specified amount, provided the cause of action arises from at least one of the specified circumstances, including a dispute concerning a registered digital asset, provides for appropriations.
|
|
Wyoming
|
S 101
|
Wyoming Legal Tender Act Amendments
|
Failed
|
Relates to the Wyoming Legal Tender Act, requires the state treasurer to provide for the payment of taxes by specie or specie legal tender, requires the state treasurer to determine and provide exchange rates for specie and specie legal tender, requires the state treasurer to exchange specie and specie legal tender for other legal tender currencies, requires the state treasurer to hold and invest specie and specie legal tender.
|
|
Wyoming
|
S 127
|
Wyoming Stable Token Act
|
Enacted
|
Relates to trade and commerce, creates the Wyoming Stable Token Act, creates the Wyoming Stable Token Commission, authorizes the commission to issue Wyoming stable tokens, provides for employees, specifies limitations, provides immunity, provides that the commission shall maintain, invest and reinvest the funds received for issuing stable tokens and any earnings from those investments in accordance with investment policies established by rule and regulation of the commission.
|