UtahH.B. 2302025 General SessionHouse

Blockchain and Digital Innovation Amendments

Sponsored By: Jordan D. Teuscher (Republican)

Signed by Governor

TechnologyEnergyPublic Utilities and TechnologyPolitical Subdivisions (Local Issues)BlockchainPlanning and ZoningState Treasurer

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 2 benefits, 0 costs, 1 mixed.

Digital asset users gain payment and wallet protections

Beginning May 7, 2025, Utah state and local governments cannot block, restrict, or impair acceptance of digital-asset payments for lawful goods and services. They also cannot limit people's ability to hold digital assets in self-hosted or hardware wallets. You can run blockchain nodes, develop blockchain software, and transfer digital assets to other people or businesses through blockchain networks. You can also take part in staking on those networks.

Blockchain operators gain money transmitter exemptions

Beginning May 7, 2025, people and businesses are exempt from Utah's Money Transmitter Act when running blockchain nodes or developing blockchain software. Businesses and decentralized protocols are also exempt when exchanging one digital asset for another. That exchange exemption requires that they do not exchange digital assets for legal tender or bank deposits.

Mining businesses gain protections against local limits

Beginning May 7, 2025, Utah local governments face limits on regulating qualifying digital-asset mining businesses in industrial zones. Qualifying businesses use computers at one site to generate blockchain tokens by securing a blockchain network. Their average annual energy use must exceed one megawatt. Local governments cannot impose stricter sound limits than those generally applied in industrial zones. They also cannot block these businesses from operating when they meet the other requirements for industrial use.

Sponsors & Cosponsors

Sponsor

  • Jordan D. Teuscher

    Republican • House

Cosponsors

  • Kay J. Christofferson

    Republican • House

  • Clancy, T.

    Affiliation unavailable

  • Kirk A. Cullimore

    Republican • Senate

  • Paul A. Cutler

    Republican • House

  • Jennifer Dailey-Provost

    Democratic • House

  • Doug Fiefia

    Republican • House

  • Stephanie Gricius

    Republican • House

  • Ken Ivory

    Republican • House

  • Lee, T.

    Affiliation unavailable

  • Matt MacPherson

    Republican • House

  • Verona Mauga

    Democratic • House

  • Logan Monson

    Republican • House

  • Moss, J.

    Affiliation unavailable

  • Angela Romero

    Democratic • House

  • David Shallenberger

    Republican • House

  • Troy Shelley

    Republican • House

  • Lisa Shepherd

    Republican • House

  • Rex P. Shipp

    Republican • House

  • Andrew Stoddard

    Democratic • House

  • Jason E. Thompson

    Republican • House

  • Raymond P. Ward

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 130 • No: 63

House vote • 3/7/2025

House/ concurs with Senate amendment

Yes: 52 • No: 19

Senate vote • 3/7/2025

Senate/ passed 2nd & 3rd readings/ suspension

Yes: 19 • No: 7

Senate vote • 3/7/2025

Senate/ substituted

Yes: 0 • No: 0

Senate vote • 3/7/2025

Senate/ uncircled

Yes: 0 • No: 0

Senate vote • 2/27/2025

Senate/ circled

Yes: 0 • No: 0

Senate vote • 2/20/2025

Senate Comm - Favorable Recommendation

Yes: 4 • No: 2

House vote • 2/6/2025

House/ passed 3rd reading

Yes: 38 • No: 34

House vote • 1/28/2025

House Comm - Favorable Recommendation

Yes: 8 • No: 1

House vote • 1/28/2025

House Comm - Substitute Recommendation

Yes: 9 • No: 0

Senate vote • Unknown

Senate/ uncircled

Yes: 0 • No: 0

Senate vote • Unknown

Senate/ circled

Yes: 0 • No: 0

Senate vote • Unknown

Senate/ substituted

Yes: 0 • No: 0

Actions Timeline

  1. Governor Signed

    3/25/2025
  2. House/ to Governor

    3/17/2025House
  3. House/ received enrolled bill from Printing

    3/17/2025House
  4. House/ enrolled bill to Printing

    3/14/2025House
  5. Enrolled Bill Returned to House or Senate

    3/14/2025
  6. Draft of Enrolled Bill Prepared

    3/12/2025
  7. Bill Received from House for Enrolling

    3/12/2025
  8. House/ signed by Speaker/ sent for enrolling

    3/12/2025House
  9. House/ received from Senate

    3/12/2025House
  10. Senate/ to House

    3/8/2025Senate
  11. Senate/ signed by President/ returned to House

    3/8/2025Senate
  12. Senate/ received from House

    3/8/2025Senate
  13. House/ to Senate

    3/7/2025House
  14. House/ concurs with Senate amendment

    3/7/2025House
  15. House/ placed on Concurrence Calendar

    3/7/2025House
  16. House/ received from Senate

    3/7/2025House
  17. Senate/ to House with amendments

    3/7/2025Senate
  18. Senate/ passed 2nd & 3rd readings/ suspension

    3/7/2025Senate
  19. Senate/ substituted

    3/7/2025Senate
  20. Senate/ uncircled

    3/7/2025Senate
  21. Senate/ circled

    2/27/2025Senate
  22. Senate/ 2nd & 3rd readings/ suspension

    2/27/2025Senate
  23. Senate/ placed on 2nd Reading Calendar

    2/20/2025Senate
  24. Senate/ committee report favorable

    2/20/2025Senate
  25. Senate Comm - Favorable Recommendation

    2/20/2025Senate

Bill Text

  • Enrolled

    3/14/2025

  • Substitute #3

    3/7/2025

  • Substitute #2

    1/28/2025

  • Substitute #1

    1/27/2025

  • Introduced

    1/15/2025

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