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HB0264 • 2025

Central bank digital currencies-prohibitions.

AN ACT relating to administration of the government; prohibiting state agencies from requiring a central bank digital currency as payment; prohibiting state agencies from spending public funds as specified; and providing for an effective date.

Taxes
Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Representative Singh
Last action
2025-06-25
Official status
enrolled
Effective date
3/1/2025

Plain English Breakdown

The summary provided does not include detailed enforcement mechanisms, leaving some uncertainty about how compliance will be ensured.

Ban on Central Bank Digital Currencies

This law stops state agencies from requiring or using central bank digital currencies for payments and public spending.

What This Bill Does

  • Defines a 'central bank digital currency' as a digital medium of exchange, token or monetary unit of account issued directly by the U.S. Federal Reserve System or any analogous federal agency.
  • Forbids state agencies from requiring payment in the form of a central bank digital currency for taxes, fees, or government services.
  • Prohibits state agencies from using public funds to test, adopt, or implement central bank digital currencies.

Who It Names or Affects

  • State agencies and departments in Wyoming
  • People who pay taxes or fees to the Wyoming government

Terms To Know

Central Bank Digital Currency
A digital medium of exchange, token or monetary unit of account issued directly by the U.S. Federal Reserve System or any analogous federal agency.
State agency
The state of Wyoming or any of its branches, agencies, departments, boards, instrumentalities or institutions.

Limits and Unknowns

  • The law does not apply to private businesses or individuals.
  • It is unclear how this ban will affect future technological developments in digital currencies.
  • The effectiveness and enforcement mechanisms are not detailed in the bill.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0264SS001

Standing Committee • Senate Minerals, Business and Economic Development

Corrected, Adopted

Plain English: The amendment removes certain phrases related to accepting or making payments with central bank digital currencies from the bill.

  • Removes 'accepting or' from line 2 of page 1.
  • Removes 'making' from line 4 of page 1.
  • Deletes lines 5 and 6 entirely on page 1.
  • Removes 'specified;' from line 7 of page 1.
  • The amendment does not explain the full context or implications of these deletions, which may be unclear without understanding the original bill text.

Bill History

  1. 2025-06-25 House

    H Speaker Signed HEA No. 0025

  2. 2025-02-27 LSO

    Assigned Chapter Number 47

  3. 2025-02-27 Governor

    Governor Signed HEA No. 0025

  4. 2025-02-24 Senate

    S President Signed HEA No. 0025

  5. 2025-02-24 House

    H Speaker Signed HEA No. 0025

  6. 2025-02-21 LSO

    Assigned Number HEA No. 0025

  7. 2025-02-21 House

    H Concur:Passed 49-3-10-0-0

  8. 2025-02-21 House

    H Received for Concurrence

  9. 2025-02-21 Senate

    S 3rd Reading:Passed 29-2-0-0-0

  10. 2025-02-20 Senate

    S 2nd Reading:Passed

  11. 2025-02-19 Senate

    S COW:Passed

  12. 2025-02-18 Senate

    S Placed on General File

  13. 2025-02-18 Senate

    S09 - Minerals:Recommend Amend and Do Pass 4-0-1-0-0

  14. 2025-02-13 Senate

    S Introduced and Referred to S09 - Minerals

  15. 2025-02-10 Senate

    S Received for Introduction

  16. 2025-02-10 House

    H 3rd Reading:Passed 50-9-3-0-0

  17. 2025-02-07 House

    H 2nd Reading:Passed

  18. 2025-02-06 House

    H COW:Passed

  19. 2025-02-03 House

    H Placed on General File

  20. 2025-02-03 House

    H02 - Appropriations:Recommend Do Pass 5-1-1-0-0

  21. 2025-01-30 House

    H Introduced and Referred to H02 - Appropriations

  22. 2025-01-21 House

    H Received for Introduction

  23. 2025-01-20 LSO

    Bill Number Assigned

Official Summary Text

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.

Current Bill Text

Read the full stored bill text
25LSO-0589

ORIGINAL House

ENGROSSED
Bill No
.
HB0264

ENROLLED ACT NO. 25,

HOUSE OF REPRESENTATIVES

SIXTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2025 General Session

AN ACT relating to administration of the government; prohibiting state agencies from requiring a central bank digital currency as payment; prohibiting state agencies from spending public funds as specified; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 9
‑
14
‑
601 is created to read:

ARTICLE 6
CENTRAL BANK DIGITAL CURRENCY PROHIBITION

9
‑
14
‑
601.

Central bank digital currency; prohibition; definitions.

(a)

No state agency shall require payment in the form of a central bank digital currency for any government service, or for the payment of any taxes or fees.

(b)

No state agency shall use public funds to assist in any manner in the testing, adoption or implementation of a central bank digital currency.

(c)

As used in this article:

(i)

"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;

(ii)

"State agency" means the state of Wyoming or any of its branches, agencies, departments, boards, instrumentalities or institutions.

Section 2.

This act is effective immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

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