Illinois General Assembly

  Bills & Resolutions  
  Compiled Statutes  
  Public Acts  
  Legislative Reports  
  IL Constitution  
  Legislative Guide  
  Legislative Glossary  

 Search By Number
 (example: HB0001)
Search Tips

Search By Keyword

 Bill Status of HB5553  100th General Assembly


Short Description:  BLOCKCHAIN TECHNOLOGY ACT

House Sponsors
Rep. Michael J. Zalewski - Keith R. Wheeler - Jaime M. Andrade, Jr. - Jonathan Carroll - Brian W. Stewart and Mike Fortner

Senate Sponsors
(Sen. Toi W. Hutchinson - Linda Holmes - Cristina Castro)

Last Action
DateChamber Action
  5/18/2018SenatePlaced on Calendar Order of 2nd Reading May 21, 2018

Statutes Amended In Order of Appearance
New Act


Synopsis As Introduced
Creates the Blockchain Technology Act. Provides for the permitted uses of blockchain technology in transactions and proceedings. Provides limitations to the use of blockchain technology. Prohibits units of local government from implementing specified restrictions on the use of blockchain technology. Preempts home rule. Defines terms.

Senate Committee Amendment No. 1
Removes a provision providing that a home rule unit may not regulate a blockchain or smart contract in a manner inconsistent with the regulation by the State of a blockchain or smart contract.

Actions 
DateChamber Action
  2/16/2018HouseFiled with the Clerk by Rep. Michael J. Zalewski
  2/16/2018HouseFirst Reading
  2/16/2018HouseReferred to Rules Committee
  3/5/2018HouseAssigned to Cybersecurity, Data Analytics, & IT Committee
  4/11/2018HouseDo Pass / Short Debate Cybersecurity, Data Analytics, & IT Committee; 010-000-000
  4/11/2018HousePlaced on Calendar 2nd Reading - Short Debate
  4/13/2018HouseAdded Co-Sponsor Rep. Keith R. Wheeler
  4/17/2018HouseSecond Reading - Short Debate
  4/17/2018HousePlaced on Calendar Order of 3rd Reading - Short Debate
  4/19/2018HouseThird Reading - Short Debate - Passed 111-001-000
  4/19/2018HouseRemoved Co-Sponsor Rep. Keith R. Wheeler
  4/19/2018HouseAdded Co-Sponsor Rep. Keith R. Wheeler
  4/19/2018HouseAdded Co-Sponsor Rep. Jaime M. Andrade, Jr.
  4/19/2018HouseRemoved Co-Sponsor Rep. Keith R. Wheeler
  4/19/2018HouseRemoved Co-Sponsor Rep. Jaime M. Andrade, Jr.
  4/19/2018HouseAdded Chief Co-Sponsor Rep. Keith R. Wheeler
  4/19/2018HouseAdded Chief Co-Sponsor Rep. Jaime M. Andrade, Jr.
  4/19/2018HouseAdded Chief Co-Sponsor Rep. Jonathan Carroll
  4/19/2018HouseAdded Chief Co-Sponsor Rep. Brian W. Stewart
  4/19/2018HouseAdded Co-Sponsor Rep. Mike Fortner
  4/23/2018SenateArrive in Senate
  4/23/2018SenatePlaced on Calendar Order of First Reading
  4/23/2018SenateChief Senate Sponsor Sen. Toi W. Hutchinson
  4/23/2018SenateFirst Reading
  4/23/2018SenateReferred to Assignments
  5/1/2018SenateAssigned to Telecommunications and Information Technology
  5/9/2018SenateSenate Committee Amendment No. 1 Filed with Secretary by Sen. Toi W. Hutchinson
  5/9/2018SenateSenate Committee Amendment No. 1 Referred to Assignments
  5/10/2018SenatePostponed - Telecommunications and Information Technology
  5/11/2018SenateRule 2-10 Committee Deadline Established As May 31, 2018
  5/15/2018SenateSenate Committee Amendment No. 1 Assignments Refers to Telecommunications and Information Technology
  5/17/2018SenateAdded as Alternate Chief Co-Sponsor Sen. Linda Holmes
  5/17/2018SenateSenate Committee Amendment No. 1 Adopted
  5/18/2018SenateDo Pass as Amended Telecommunications and Information Technology; 013-000-000
  5/18/2018SenatePlaced on Calendar Order of 2nd Reading May 21, 2018
  5/18/2018SenateAdded as Alternate Chief Co-Sponsor Sen. Cristina Castro
  5/18/2018SenateSenate Floor Amendment No. 2 Filed with Secretary by Sen. Toi W. Hutchinson
  5/18/2018SenateSenate Floor Amendment No. 2 Referred to Assignments
  5/21/2018SenateSenate Floor Amendment No. 2 Assignments Refers to Telecommunications and Information Technology
  5/25/2018SenateRule 2-10 Third Reading Deadline Established As May 31, 2018

Back To Top