HB 1232 (2024): prohibiting state or local governments from using central bank digital currency.
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- Granite Record. (n.d.). HB 1232 (2024): prohibiting state or local governments from using central bank digital currency. Retrieved 24 Oct. 2026, from https://graniterecord.org/bill/2024/hb1232
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- BibTeX
@misc{bill-2024-hb1232, title = {HB 1232 (2024): prohibiting state or local governments from using central bank digital currency.}, howpublished = {Granite Record}, url = {https://graniterecord.org/bill/2024/hb1232}, note = {Accessed 24 Oct. 2026} }
HB 1232 (2024)
prohibiting state or local governments from using central bank digital currency.
- Status: Referred for interim study
- Term: 2023-2024
- House committee: Commerce and Consumer Affairs
- Subject: Miscellaneous
The Story
It was introduced on January 3, 2024 and referred to the House Commerce and Consumer Affairs committee. The committee held a public hearing on January 9, 2024, with 222 people signed in online: 208 in support and 14 in opposition. The committee held a work session on January 24, 2024. The committee met in executive session on February 7, 2024 to vote on its recommendation. The committee voted unanimously, 18–0, to recommend that the House study it after the session ends, and the report was placed on the consent calendar. On February 22, 2024 the House voted to study it after the session ends on a voice vote. The committee held a work session on September 11, 2024. The committee met in executive session on October 17, 2024 to vote on its recommendation. The committee reported back on its interim study of the bill: “Not Recommended for Future Legislation”, by a vote of 16 to 0.
Sponsors
- Rep. James Summers (R - Rock 20) (prime sponsor)
- Rep. Jordan Ulery (R - Hills 13)
- Rep. James Spillane (R - Rock 2)
- Rep. JD Bernardy (R - Rock 36)
Hearings and Sessions
- January 9, 2024, 10:30 AM: public hearing, House Commerce and Consumer Affairs, LOB 306-308
- January 24, 2024, 10:00 AM: subcommittee work session, House Commerce and Consumer Affairs, LOB 302-304
- February 7, 2024, 1:15 PM: executive session, House Commerce and Consumer Affairs, LOB 302-304
- September 11, 2024, 10:00 AM: full committee work session, House Commerce and Consumer Affairs, LOB 302-304
- October 17, 2024, 10:00 AM: executive session, House Commerce and Consumer Affairs, LOB 302-304
Votes
- February 22, 2024, House: Refer for Interim Study — voice vote, passed
The Docket
- January 3, 2024: Introduced 01/03/2024 and referred to Commerce and Consumer Affairs
- January 9, 2024: Public Hearing: 01/09/2024 10:30 am LOB 306-308
- January 24, 2024: Subcommittee Work Session: 01/24/2024 10:00 am LOB 302-304
- February 7, 2024: Executive Session: 02/07/2024 01:15 pm LOB 302-304
- February 7, 2024: Committee Report: Refer for Interim Study 02/07/2024 (Vote 18-0; CC)
- February 22, 2024: Refer for Interim Study: MA VV 02/22/2024
- September 11, 2024: Full Committee Work Session: 09/11/2024 10:00 am LOB 302-304
- October 17, 2024: Executive Session: 10/17/2024 10:00 am LOB 302-304
- October 31, 2024: Interim Study Report: Not Recommended for Future Legislation (Vote 16-0)