Advocacy Initiative
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Advocacy Initiative
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Priority Bill
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Priority Bill
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Bill Number
163
Session
2025 - 2026
Chamber
Senate
Sponsor
Sen. Daniel B. "Danny" Verdin III
Category
Finance, Revenue, Taxes
Committee
Senate Banking and Insurance Committee
Status
Favorable
Staff Summary
Summary of the bill as introduced: Prohibits a governing authority from accepting or requiring a payment using central bank digital currency. The bill also prohibits a political subdivision from placing zoning restrictions on digital asset mining businesses that do not generally apply to other businesses in the area.
Senate Subcommittee Action
02.19.2025 The Senate Banking and Insurance Banking subcommittee gave this bill a favorable report as amended. The amendment removes subsection A under Section 34-47-40.
01.29.2025 The Senate Banking and Insurance Banking subcommittee carried this bill over.
Senate Committee Action
02.26.2025 The Senate Banking and Insurance Committee gave this bill a favorable report as amended. The amendment only made technical changes.