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HB 5798·IL·house

DIGITAL ASSET TAX ACT-REPEAL

IntroducedFiled Jun 22, 2026
Sponsor: John M. Cabello (R)
Latest Action

Filed with the Clerk by Rep. John M. Cabello

Jun 22, 2026

Summary

HB 5798 would eliminate the Digital Asset Tax Act, removing the tax on digital assets in Illinois. The repeal applies to anyone who would have been subject to that tax, such as cryptocurrency owners and related businesses. The change takes effect immediately upon enactment.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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