Missouri 2025 2025 Regular Session

Missouri House Bill HB1136 Comm Sub / Analysis

Filed 02/18/2025

                    HB1136--DIGITALASSETSAUTHORIZATIONACT
SPONSOR: Byrnes
Thisbillcreatesthe"DigitalAssetsAuthorizationAct".
Thebilldefines"blockchain","blockchainprotocol",
"decentralized", "digitalasset","hardwarewallet","node"and
"self-hostedwallet".
Underthisbill,thestateofMissourioramunicipalitycannot
prohibitanindividualorpersonfromacceptingdigitalassetsas
paymentforgoodsandservices;ortomaintainself-custodyofa
digitalassetusingaself-hostedwalletorhardwarewallet.
ThebillprohibitsthestateofMissourioramunicipalityfrom
imposinganyadditionaltax,withholding,assessmentorcharge
basedsolelyupontheuseofadigitalassetusedasapayment
methodtopurchasegoodsorservices.
ThebillprovidesforthelawfuloperationofanodeinMissouri
forcertainpurposesrelatingtoblockchainprotocols,asspecified
inthebill.Inaddition,thebillstatesthatitdoesnot
overrideorlimittheapplicabilityofcertainlawsidentifiedin
thebill.