S.B. 298: Programmable Money Amendments

About this bill

Signed by the governor on March 19, 2026. This bill modifies the Uniform Commercial Code.

• Defines terms
• Excludes programmable money from the standard definition of money
• Prohibits a person from requiring the use of programmable money for a transaction unless the person also offers a free, non-digital alternative
• Outlaws an issuer denying a transaction based on discriminatory criteria, including a person's political opinions, religious beliefs, medical history, or lawful ownership of a firearm
• Prevents an issuer from using environmental, social, or governance standards and diversity programming compliance as a basis for failing or restricting a transaction
• Requires an issuer to provide a detailed written statement of the specific reason for a denied transaction or terminated service within 30 days of an affected party's request

Full bill page: steps, fiscal note and sponsors · Chief sponsor Keven J. Stratton