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205 ILCS 730/20

Local government restrictions

Known as the Blockchain Technology Act

The act spans §§ 205-730-1 to 205-730-5 (5 sections).

P.A. 101-514, eff. 1-1-20.

(a) A unit of local government shall not: (1) impose any tax or fee on the use of a blockchain or smart contract by any person or entity; (2) require any person or entity to obtain from the unit of local government any certificate, license, or permit to use a blockchain or smart contract; or (3) impose any other requirement relating to the use of a blockchain or smart contract by any person or entity. (b) Nothing in this Section prohibits a unit of local government from using a blockchain or smart contract in the performance of its powers or duties in a manner not inconsistent with the provisions of this Act. This site is maintained for the Illinois General Assembly by the Legislative Information System, 705 Stratton Building, Springfield, Illinois 62706. 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Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.