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Bill > HB1156


IN HB1156

IN HB1156
Digital asset mining.


summary

Introduced
01/08/2025
In Committee
01/08/2025
Crossed Over
Passed
Dead
04/24/2025

Introduced Session

2025 Regular Session

Bill 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.

AI Summary

This bill establishes comprehensive regulations for digital assets and digital asset mining in Indiana, providing clear definitions and protections for individuals and businesses. The legislation defines digital assets as virtual currencies, cryptocurrencies, and other electronic assets with economic or proprietary rights, and defines digital asset mining as using specialized computer hardware to validate data and secure blockchain networks. The bill prohibits counties, municipalities, and townships from creating ordinances that would restrict an individual's or business's ability to use digital assets for purchasing goods and services, accept digital assets as payment, use hardware or self-hosted wallets for storing digital assets, or operate blockchain nodes. Importantly, the bill mandates that using a property for a digital asset mining business is considered a permitted industrial use and cannot be disallowed in zones that permit industrial activities. Local governments are further restricted from imposing special exceptions, requiring additional permits, or enforcing zoning regulations in a manner that would effectively prohibit or unreasonably limit digital asset mining businesses in industrial zones. The bill becomes effective on July 1, 2025, and aims to provide a clear, supportive legal framework for digital asset technologies and businesses in Indiana.

Committee Categories

Government Affairs

Sponsors (4)

Last Action

Representative Judy added as coauthor (on 01/21/2025)

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