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SB 180 IN
Became Law

Central bank digital currency.

IN · session 2024 · Senate · bill

A state bill is a proposed law in a state legislature — separate from the U.S. Congress. Learn more →

Introduced Jan 9, 2024

Latest action (Mar 11, 2024) Signed by the Governor

Summary

Prohibits a governmental body (defined as the state or a state agency) from: (1) accepting payment made with a central bank digital currency; or (2) requiring payment to be made with a central bank digital currency; for any service, tax, license, permit, fee, information, or other amount due the governmental body. Prohibits an administrative branch governmental body (defined as an entity of the administrative branch of state government) from advocating for or supporting the testing, adoption, or implementation of a central bank digital currency by the United States government. Defines "central bank digital currency" for purposes of these provisions.

Sponsors (4)

6 coauthors / cosponsors

Action history (28)

  1. Jan 9, 2024 Authored by Senator Koch · upper
  2. Jan 9, 2024 First reading: referred to Committee on Insurance and Financial Institutions · upper
  3. Feb 1, 2024 Senator Messmer added as third author · upper
  4. Feb 1, 2024 Committee report: amend do pass, adopted · upper
  5. Feb 1, 2024 Senator Gaskill added as coauthor · upper
  6. Feb 5, 2024 Second reading: ordered engrossed · upper
  7. Feb 5, 2024 Senator Baldwin added as second author · upper
  8. Feb 6, 2024 Senator Doriot added as coauthor · upper
  9. Feb 6, 2024 Cosponsor: Representative Carbaugh · upper
  10. Feb 6, 2024 Third reading: passed; Roll Call 129: yeas 48, nays 0 · upper
  11. Feb 6, 2024 House sponsor: Representative Speedy · upper
  12. Feb 7, 2024 Referred to the House · upper
  13. Feb 12, 2024 First reading: referred to Committee on Financial Institutions · lower
  14. Feb 19, 2024 Representative Speedy added as cosponsor · lower
  15. Feb 19, 2024 Representative Pierce K added as sponsor · lower
  16. Feb 19, 2024 Representative Speedy removed as sponsor · lower
  17. Feb 22, 2024 Representative Negele added as cosponsor · lower
  18. Feb 22, 2024 Rule 105.1 suspended · lower
  19. Feb 22, 2024 Committee report: do pass, adopted · lower
  20. Feb 22, 2024 Representative Lindauer added as cosponsor · lower
  21. Feb 26, 2024 Second reading: ordered engrossed · lower
  22. Feb 27, 2024 Third reading: passed; Roll Call 223: yeas 83, nays 11 · lower
  23. Feb 28, 2024 Returned to the Senate without amendments · lower
  24. Mar 4, 2024 Signed by the President Pro Tempore · upper
  25. Mar 7, 2024 Signed by the Speaker · lower
  26. Mar 8, 2024 Signed by the President of the Senate · upper
  27. Mar 11, 2024 Public Law 21 · upper
  28. Mar 11, 2024 Signed by the Governor · executive
Subjects
FINANCIAL SERVICES; Financial InstitutionsSTATE GOVERNMENT; Generally

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