summary
Introduced
01/16/2023
01/16/2023
In Committee
03/14/2023
03/14/2023
Crossed Over
02/28/2023
02/28/2023
Passed
04/13/2023
04/13/2023
Dead
Signed/Enacted/Adopted
05/04/2023
05/04/2023
Introduced Session
2023 Regular Session
Bill Summary
Generally revise cryptocurrency laws
AI Summary
This bill generally revises cryptocurrency laws in Montana. It prohibits utility companies from establishing discriminatory electricity rates for digital asset mining businesses or home digital asset mining. The bill also prohibits local governments from enacting ordinances that restrict digital asset mining businesses or home digital asset mining, with exceptions for existing noise ordinances. Additionally, the bill prohibits the state or local governments from imposing additional taxes or charges solely based on the use of digital assets as a payment method. The bill defines "digital assets" to include cryptocurrencies, nonfungible tokens, and other digital-only assets, and classifies them as personal property. The bill aims to provide legal certainty and protect the rights of individuals and businesses to engage in digital asset mining in Montana.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Chapter Number Assigned (on 05/04/2023)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://laws.leg.mt.gov/legprd/LAW0210W$BSIV.ActionQuery?P_BILL_NO1=178&P_BLTP_BILL_TYP_CD=SB&Z_ACTION=Find&P_SESS=20231 |
| BillText | https://leg.mt.gov/bills/2023/SB0199/SB0178_X.pdf |
| BillText | https://leg.mt.gov/bills/2023/SB0199/SB0178_3.pdf |
| Fiscal Note SB0178_1 | https://leg.mt.gov/bills/2023/FNPDF/SB0178_1.pdf |
| BillText | https://leg.mt.gov/bills/2023/SB0199/SB0178_2.pdf |
| BillText | https://leg.mt.gov/bills/2023/SB0199/SB0178_1.pdf |
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