South Carolina Senate Bill 1039

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 8 2024 - 25% progression
Action: 2024-02-08 - Referred to Committee on Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Amend The South Carolina Code Of Laws By Adding Section 34-47-10 So As To Provide Definitions Related To Cryptocurrency; By Adding Section 34-47-20 So As To Permit An Individual To Use Digital Assets And To Prohibit Additional Taxation Of Digital Assets; By Adding Section 34-47-30 So As To Permit An Individual To Participate In Home Digital Asset Mining; By Adding Section 34-47-40 So As To Provide That An Individual Engaged In Home Digital Asset Mining Or A Digital Asset Mining Business Shall Not Be Required To Obtain A Money Transmitter License, And To Permit The Use Of Nodes For The Purpose Of Connecting To A Blockchain Protocol And Transferring Digital Assets.

Cryptocurrency Blockchain

Sen. Danny Verdin [R]

Date	Chamber	Action
2024-02-08	Senate	Referred to Committee on Banking and Insurance
2024-02-08	Senate	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
34	47	10	(n/a)	See Bill Text
34	47	20	(n/a)	See Bill Text
34	47	30	(n/a)	See Bill Text
34	47	40	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1039&session=125&summary=B
Text	https://www.scstatehouse.gov/sess125_2023-2024/prever/1039_20240208.htm