Illinois General Assembly - Bill Status for HB5335
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 Bill Status of HB5335  100th General Assembly


Short Description:  REVENUE-CRYPTOCURRENCY

House Sponsors
Rep. Michael J. Zalewski

Last Action
DateChamber Action
  1/8/2019HouseSession Sine Die

Statutes Amended In Order of Appearance
20 ILCS 2505/2505-805 new


Synopsis As Introduced
Amends the Department of Revenue Law of the Civil Administrative Code of Illinois. Provides that, in addition to any other method of payment provided for by law, the Department shall accept payment for any tax imposed by the State and administered by the Department by cryptocurrency. Provides that the Department shall convert such payments to United States dollars at the prevailing rate within 24 hours after receipt of the payment and shall credit the taxpayer's account with the converted dollar amount.

Actions 
DateChamber Action
  2/15/2018HouseFiled with the Clerk by Rep. Michael J. Zalewski
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  3/5/2018HouseAssigned to Revenue & Finance Committee
  4/6/2018HouseHouse Committee Amendment No. 1 Filed with Clerk by Rep. Michael J. Zalewski
  4/6/2018HouseHouse Committee Amendment No. 1 Referred to Rules Committee
  4/9/2018HouseHouse Committee Amendment No. 1 Rules Refers to Revenue & Finance Committee
  4/12/2018HouseTo Income Tax Subcommittee
  4/13/2018HouseRule 19(a) / Re-referred to Rules Committee
  4/13/2018HouseHouse Committee Amendment No. 1 Rule 19(a) / Re-referred to Rules Committee
  1/8/2019HouseSession Sine Die

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