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Missouri bill would foster blockchain use, bar local tax penalties on digital payments

2813672 · March 24, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representative Burns said HB 1136 aims to foster blockchain innovation in Missouri and to prevent municipalities from imposing additional taxes or fees on digital‑asset payments; sponsors framed the measure as enabling private and public uses of ledger technology while committee members flagged definitional overlap with other crypto bills.

Representative Burns opened the committee’s hearing on House Bill 1136, a bill the sponsor described as a framework to foster blockchain innovation in Missouri and to prevent state or local governments from imposing additional taxes or charges on digital‑asset payments that would not apply to other forms of payment.

Burns told the committee the goal is twofold: to allow…

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