Bill Text: IL HB5798 | 2025-2026 | 104th General Assembly | Introduced

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Bill Title: Repeals the Digital Asset Tax Act. Effective immediately.

Sponsorship: Partisan Bill (Republican 3)

Status: (Introduced - Dead) 2026-07-06 - Added Co-Sponsor Rep. Travis Weaver [HB5798 Detail]

Download: Illinois-2025-HB5798-Introduced.html

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104TH GENERAL ASSEMBLY State of Illinois 2025 and 2026HB5798 Introduced , by Rep. John M. Cabello SYNOPSIS AS INTRODUCED:
35 ILCS 195/Act rep.
Repeals the Digital Asset Tax Act. Effective immediately.
LRB104 22378 JDS 38821 b
A BILL FOR
HB5798 LRB104 22378 JDS 38821 b
AN ACT concerning revenue.
Be it enacted by the People of the State of Illinois,
represented in the General Assembly:
(35 ILCS 195/Act rep.)
Section 5. The Digital Asset Tax Act is repealed.
Section 99. Effective date. This Act takes effect upon
becoming law.