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Senate adopts softer timetable and removes penalties in bill addressing "programmable money"
Utah State Senate · February 26, 2026
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Summary
Lawmakers accepted a substitute to SB 298 that removes criminal penalties and delays implementation for a year while preserving protections: non‑programmable payment options and prohibitions on discriminatory coding. The substitute passed on the floor (20–6).
Senators debated SB 298, a bill addressing "programmable money" — digital funds that can be coded with usage rules — and adopted a substitute that softens enforcement and delays implementation.
Sponsor Senator Stratton explained the technology and the substitute’s intent: programmable money could restrict where and how…
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