An Illinois legislator is moving to repeal the state’s recently-passed digital asset tax.
State Rep. John Cabello filed House Bill 5798 on Monday.
Peter Van Valkenburgh, executive director of Coin Center, said there are huge uncertainties about the tax for normal people in Illinois.
Cabello’s bill would immediately repeal the tax, which is scheduled to take effect with other state revenue measures on July 1st.
Story from Illinois Radio Network
Comments