Robert Spendlove voted Yea (Concurrence Vote) on this Legislation.
Title: Expands Acceptance of Digital User Asset Payments
Signed by Governor Spencer Cox
Title: Expands Acceptance of Digital User Asset Payments
Vote to concur with Senate amendments and pass a bill that expands the acceptance of digital user asset payments.
Defines digital user assets as those used for consumptive, personal, household purposes (ex. blockchain) (Utah Code § 63A-3-112).
Requires Division of Finance to contract w/ service provider to process digital user asset payments (§ 63A-3-112).
Authorizes Division to promulgate rules (§ 63A-3-112).
Authorizes processing of such payments for state agencies, political subdivisions (§ 63A-3-112).
Establishes effective date of July 1, 2022 (Sec. 2).
Title: Expands Acceptance of Digital User Asset Payments
Title: Expands Acceptance of Digital User Asset Payments
Title: Expands Acceptance of Digital User Asset Payments