Programmable Money Amendments

Summary

The bill amends Utah’s Uniform Commercial Code to define programmable money separately from traditional money and to protect parties from being forced to use it. It bars issuers from denying a transaction because of political views, religion, medical history, lawful firearm ownership, or ESG and diversity criteria, and requires a written explanation within 30 days. Violations can lead to punitive damages or the loss of the issuer’s business authorization.

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

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