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Ohio Bill Enabling Blockchain Use by Government Moves to State Senate
House Bill 220 would enable Ohio's governmental bodies to use blockchain and DLT in their operations if signed into law.
Ohio's latest piece of blockchain-focused legislation was passed by the state's House of Representatives on Dec. 2.
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- Introduced to the Ohio Senate a day later, House Bill 220 would enable official state bodies to use blockchain tech in their operations if signed into law by Governor Mike DeWine (R).
- “A governmental entity may utilize distributed ledger technology, including blockchain technology, in the exercise of its authority,” the bill states.
- Sponsored by a slightly partisan group of representatives leaning to the Democrats, the bill passed the House with an overwhelming 89 yeas, and just two nays.
- Ohio has been one of the more active U.S. states when it comes to legislating for the use of blockchain in a bid to become a hub for the industry.
- The state legalized the use of blockchain-based data back in 2018 and another piece of legislation this May proposed blockchain could be used for voting.
- Ohio also became the first to allow businesses to pay their taxes with bitcoin in late 2018, though this initiative was later halted by a newly elected state Treasurer.
See also: Ohio Lawmakers Propose Blockchain Voting in Elections Overhaul Bill
Tanzeel Akhtar
Tanzeel Akhtar has contributed to The Wall Street Journal, BBC, Bloomberg, CNBC, Forbes Africa, Financial Times, The Street, Citywire, Investing.com, Euromoney, Yahoo! Finance, Benzinga, Kitco News, African Business Magazine, Hedge Week, Campden Family Office, Modern Investor, Spear's Wealth Management Magazine, Global Investor, ETF.com, ETF Stream, CIO UK, Funds Global Asia, Portfolio Institutional, Interactive Investor, Bitcoin Magazine, CryptoNews.com, Bitcoin.com, The Local, The Next Web, Mining Journal, Money Marketing, Marketing Week and more. Tanzeel trained as a foreign correspondent at the University of Helsinki, Finland and newspaper journalist at the University of Central Lancashire, UK. She holds a BA (Honours) in English Literature from the Manchester Metropolitan University, UK and completed a semester abroad as an ERASMUS student at the National and Kapodistrian University of Athens, Greece. She is NCTJ Qualified - Media Law, Public Administration and passed the Shorthand 100WPM with distinction. She does not currently hold value in any digital currencies or projects.
