Policy Reference

Illinois

Crypto law profiles, official sources, milestones, and related coverage for Illinois.

United States
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Law database

5 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Illinois Community Bitcoin Reserve Act SB 3743 / HB 5621 In committee Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Current Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Emil Jones III; Rep. La Shawn K. Ford (D)

An Act concerning regulation; creates the Community Bitcoin Reserve Act

Pending Illinois companion bills would create a DCEO-run Community Bitcoin Reserve Program, designate Altgeld Bitcoin Reserve as the first site, and set custody, audit, release, donation, and sale restrictions for Bitcoin held under the program.

Last action: Feb 25, 2026 - SB: co-sponsor added Sen. Neil Anderson on Feb. 25; HB: referred to House Rules on Feb. 13. Both remain pending in committee.

Profile State source SB 3743 bill status
Illinois SB3672: Local Government Digital Asset Investment Act SB3672 In committee Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Current Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Steve McClure (R)

SB3672: Local Government Digital Asset Investment Act; amendment to the Public Funds Investment Act

Illinois SB3672 would create the Local Government Digital Asset Investment Act and amend the Public Funds Investment Act to let public agencies invest up to 5% of public funds in specified Bitcoin-linked ETFs, digital asset stocks, and Bitcoin bonds, with annual reporting.

Last action: Feb 5, 2026 - Referred to Senate Assignments.

Profile State source
Illinois Strategic Bitcoin Reserve Act (HB1844) HB 1844 In committee Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Current Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Rep. John M. Cabello (R)

Strategic Bitcoin Reserve Act

Illinois HB1844 would create a state Strategic Bitcoin Reserve Fund for donated bitcoin, managed by the State Treasurer, with security protocols, a five-year holding period, biennial reports, and immediate effect if enacted.

Last action: Feb 19, 2025 - Added Chief Co-Sponsors Reps. William E. Hauter and Travis Weaver.

Profile State source
Illinois Digital Asset Kiosks Act (Virtual Currency Kiosk Consumer Protection) SB 2319 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Laura Ellman (D)

Digital Asset Kiosks Act

Illinois’ Digital Asset Kiosks Act sets consumer protections for crypto kiosks, including transaction limits, fee caps, disclosures, refunds, fraud controls, and IDFPR rulemaking.

Last action: Aug 18, 2025 - Governor approved SB 2319 as Public Act 104-0429; effective immediately.

Next: Jun 29, 2026 - Public comment deadline

Profile State source Milestone source
Illinois Digital Assets and Consumer Protection Act SB1797 Partially effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Mark L. Walker (D)

Digital Assets and Consumer Protection Act

Illinois DACPA creates a state registration and supervision regime for digital asset business activity, with disclosures, custody rules, compliance programs and phased 2027 registration.

Last action: Aug 18, 2025 - Governor approved SB1797 as Public Act 104-0428; effective Aug. 18, 2025.

Next: Jun 29, 2026 - Proposed-rule comment deadline

Profile State source 205 ILCS 731 Digital Assets and Consumer Protection Act Milestone source

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