Ohio House Bill 406

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on February 12 2024 - 25% progression
Action: 2024-04-02 - Referred to committee: Financial Institutions
Pending: House Financial Institutions Committee
Text: Latest bill text (Introduced) [PDF]

To amend sections 301.30, 504.04, 715.013, 718.01, 1315.01, and 5747.01 and to enact sections 101.88, 1352.01, 1352.02, 1352.03, and 1352.04 of the Revised Code to prohibit certain state and local government actions respecting digital asset mining, to exempt certain digital currency transactions from state and local income taxes, to prohibit local charges on digital assets, to require the state retirement systems to evaluate certain digital asset investments, and to name this act the Ohio Blockchain Basics Act.

Enact the Ohio Blockchain Basics Act

Rep. Steve Demetriou [R]

Rep. Riordan McClain [R]

Rep. Josh Williams [R]

Date	Chamber	Action
2024-04-02	House	Referred to committee: Financial Institutions
2024-02-12	House	Introduced

Chapter	Article	Section	Citation Type	Statute Text
1	01	88	New Code	See Bill Text
13	15	01	Amended Code	Citation Text
13	52	01	New Code	See Bill Text
13	52	02	New Code	See Bill Text
13	52	03	New Code	See Bill Text
13	52	04	New Code	See Bill Text
3	01	30	Amended Code	Citation Text
5	04	04	Amended Code	Citation Text
57	47	01	Amended Code	Citation Text
7	15	013	Amended Code	Citation Text
7	18	01	Amended Code	Citation Text

Type	Source
Summary	https://www.legislature.ohio.gov/legislation/135/hb406
Text	https://search-prod.lis.state.oh.us/solarapi/v1/general_assembly_135/bills/hb406/IN/00/hb406_00_IN?format=pdf
Supplement	https://www.legislature.ohio.gov/download?key=22741&format=pdf