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HB 5335 Illinois House · 100th Regular Session

REVENUE-CRYPTOCURRENCY

Summary
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that, in addition to any other method of payment provided for by law, the Department shall accept payment for any tax imposed by the State and administered by the Department by cryptocurrency. Provides that the Department shall convert such payments to United States dollars at the prevailing rate within 24 hours after receipt of the payment and shall credit the taxpayer's account with the converted dollar amount.
Bill status failed 1 of 4 stages cleared
Introduction
Feb 2018
Committee Review
Floor Vote
Governor
Introduced Feb 15, 2018 Last action Jan 8, 2019
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
11
Key actions
2
Committee
7
Amendments
1
Apr 13, 2018
Committee
House Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
lower
Apr 13, 2018
Committee
Rule 19(a) / Re-referred to Rules Committee
lower
Apr 12, 2018
Lower · Passed
To Income Tax Subcommittee
lower
Apr 9, 2018
Lower · Passed
House Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
lower
Apr 6, 2018
Committee
House Committee Amendment No. 1 Referred to Rules Committee
lower
Apr 6, 2018
Introduced
House Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
lower
Mar 5, 2018
Committee
Assigned to Revenue & Finance Committee
lower
Feb 16, 2018
Committee
Referred to Rules Committee
lower
0 primary · 1 co-sponsor

Sponsors

No sponsor information available.