Read the official summary
Bill Summary - 25LSO-0589
Bill No.:
HB0264
Effective:
Immediately
LSO No.:
25LSO-0589
Enrolled Act No.:
HEA No. 0025
Chapter No.:
47
Prime Sponsor:
Singh
Catch Title:
Central bank digital currencies-prohibitions.
Has Report:
No
Subject:
Central bank digital currency.
Summary/Major Elements:
For purposes of this act, a "central bank digital currency" means a digital medium of exchange, token or monetary unit of account issued directly by the United States Federal Reserve System or any analogous federal agency.
This act prohibits state agencies from requiring payment for taxes, fees or any government service in the form of a central bank digital currency.
This act prohibits state agencies from using public funds to assist in the testing, adoption or implementation of a central bank digital currency.
The above summary is not an official publication of the Wyoming Legislature and is not an official statement of legislative intent.
While the Legislative Service Office endeavored to provide accurate information in this summary, it should not be relied upon as a comprehensive abstract of the bill.