Utah Bitcoin Bill Passes Senate Reading, 2 Votes Away from Law
A bill aimed at getting the state of Utah to accept bitcoin for states services passes its first reading in the Senate.
The bill has now passed its first Senate reading having already passed through the House of Representatives with a slim majority of 38 Yes votes against 36 No’s.
Utah state representative Marc K. Roberts introduced the proposal, Bill H. C. R 6, to the Clerk of the House of Representatives on February 10.
The bill states in its general description that its aim is to look into how the state could accept bitcoin, specifically:
‘This concurrent resolution of the Legislature and the Governor proposes the creation of the Council on Payment Options for State Services to study whether and how the state could accept bitcoin as a valid form of payment.’
The wording of the bill, however means that even if the senate approves the motion on its second and third readings, then the question of whether it is feasible for the state to accept bitcoin for payment of state services remains in the hands of an investigating ‘Council on Payment Options.’
This post was published at Coin Telegraph on 2015-03-09.