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SB 0464 -
Cryptocurrency - Acceptable for State Payments
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Tracking Level:
Evaluating
Sponsor:
Michael Williams
Last Action:
2/21/2018 - Senate Read and Referred
Senate Committee:
Finance
Assigned To:
Business and Occupation Tax
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Franchise Fees
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Hotel Motel Tax
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Impact Fees
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Insurance Premium Tax
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Larry Ramsey
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Property Tax
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Sales Tax-Local
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Staff Analysis of the Legislation
This bill mandates that the state revenue commissioner accept so called 'cryptocurrencies' (such as bitcoin) for the payment of taxes and license fees.
Bill Summary from the State Site -
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