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HB 920NORTH CAROLINASession 2025State Billpassed both
Passed

North Carolina Enacts Digital Asset Freedom Act to Allow Cryptocurrency Tax Payments and Establish Kiosk Fraud Protections

Original title: Virtual Currency Kiosk Consumer Prot. Act.

Last action · July 8, 2026: Ch. SL 2026-45Sponsors: Neal Jackson and 2 others

Bill progressHistory & official text ↓
Introduced
Committee
Floor Vote
Passed
Law

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What This Bill Would Do

North Carolina recognizes qualifying decentralized s as valid mediums of exchange and permits residents to use them for state tax payments starting January 1, 2026. The legislation also establishes a $2,000 daily transaction limit for new virtual currency customers and requires full refunds for fraud victims who report unauthorized transmissions within 14 days.

Why it matters

Taxpayers gain the option to settle state tax obligations using qualifying s, while new users of cryptocurrency s receive mandatory daily spending caps and fraud protection windows.

Background
  • House Bill 920 was introduced in the North Carolina General Assembly during the 2025-2026 session. context

Who It Would Affect

Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.

Directly affected

Taxpayers

Taxpayers are permitted to use qualifying digital assets to pay state taxes and are protected from mandatory disclosure of personal financial information in digital asset transactions.

Directly affected

Virtual currency kiosk licensees

Licensees must restrict new customers to a $2,000 daily transaction limit and issue full refunds for reported fraudulent transmissions within 14 days.

Directly affected

Department of Revenue

The Department must accept qualifying digital assets for tax payments and maintain daily digital asset-to-dollar exchange rates on its website.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

What requirements must a digital asset meet to be used for state transactions under this act?
The asset must be decentralized, fair-issued without , secure with a mechanism, have at least a 10-year continuous operating history, maintain a market cap of at least $750 billion and daily trading volume over $10 billion, and be classified as a non-security by U.S. regulators.
When can residents start paying state taxes using digital assets?
The provisions allowing tax payments in s take effect on January 1, 2026.
What protections are in place for new users of virtual currency kiosks?
New virtual currency customers face a $2,000 daily transaction limit at s and are entitled to a full refund if they are fraudulently induced and report the transaction within 14 days.

What else do you want to know?

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Where This Stands

Currently passed both. The next step in the legislative lifecycle is Law.

Procedural history

32 actions
  1. Jul 1, 2026House
    Ordered Enrolled
  2. Jul 1, 2026House
    Concurred In S Com Sub
  3. Jun 30, 2026House
    Placed On Cal For 07/01/2026
  4. Jun 30, 2026House
    Cal Pursuant 36(b)
  5. Jun 30, 2026House
    Special Message Received For Concurrence in S Com Sub
  6. Jun 30, 2026Senate
    Special Message Sent To House
Show 26 earlier actions
  1. Jun 30, 2026Senate
    Passed 3rd Reading
  2. Jun 30, 2026Senate
    Passed 2nd Reading
  3. Jun 30, 2026Senate
    Placed on Today's Calendar
  4. Jun 30, 2026Senate
    Reptd Fav
  5. Jun 30, 2026Senate
    Re-ref Com On Rules and Operations of the Senate
  6. Jun 30, 2026Senate
    Com Substitute Adopted
  7. Jun 30, 2026Senate
    Reptd Fav Com Substitute
  8. Jun 24, 2026Senate
    Re-ref to Finance. If fav, re-ref to Rules and Operations of the Senate
  9. Jun 24, 2026Senate
    Withdrawn From Com
  10. Jun 11, 2026Senate
    Ref To Com On Rules and Operations of the Senate
  11. Jun 11, 2026Senate
    Passed 1st Reading
  12. Jun 11, 2026Senate
    Regular Message Received From House
  13. Jun 10, 2026House
    Regular Message Sent To Senate
  14. Jun 9, 2026House
    Passed 3rd Reading
  15. Jun 9, 2026House
    Passed 2nd Reading
  16. Jun 9, 2026House
    Amend Failed A1
  17. Jun 9, 2026House
    Added to Calendar
  18. Jun 9, 2026House
    Cal Pursuant Rule 36(b)
  19. Jun 9, 2026House
    Reptd Fav
  20. Jun 9, 2026House
    Re-ref Com On Rules, Calendar, and Operations of the House
  21. Jun 9, 2026House
    Reptd Fav Com Sub 2
  22. Jun 2, 2026House
    Re-ref Com On Finance
  23. Jun 2, 2026House
    Reptd Fav Com Substitute
  24. Apr 14, 2025House
    Ref to the Com on Commerce and Economic Development, if favorable, Finance, if favorable, Rules, Calendar, and Operations of the House
  25. Apr 14, 2025House
    Passed 1st Reading
  26. Apr 10, 2025HouseIntroduced
    Filed

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

Lobbying Activity

No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.

Full breakdown

Who this bill affects and the strongest case for and against it, written only from the bill’s own text.

Sponsors

Neal JacksonHouse · District 78RepublicanPrimary sponsor
Stephen RossHouse · District 63RepublicanPrimary sponsor
Brian BiggsHouse · District 70RepublicanPrimary sponsor

Discoveries

1 pattern noticed across the record

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift95% confidence

State Recognition of Decentralized Currency for Public Revenue

The bill bridges decentralized digital assets with traditional state functions by permitting tax payments through the Department of Revenue.

Department of RevenueNorth Carolina

Connected Entities

Neal Jackson, Stephen Ross, Department of Revenue and 4 more
PersonNeal Jackson“Primary sponsor of House Bill 920”Map →
PersonStephen Ross“Cosponsor of House Bill 920”Map →
OrganizationDepartment of Revenue“State agency responsible for tax collection and publishing daily digital asset e”Map →
PersonBrian Biggs“Cosponsor of House Bill 920”Map →
OrganizationU.S. Commodity Futures Trading Commission“Federal regulatory authority referenced for digital asset classification”Map →
OrganizationU.S. Securities and Exchange Commission“Federal regulatory authority referenced for digital asset classification”Map →
locationNorth Carolina“State enacting the legislation”Map →

Sources

Open source document

www.ncleg.gov

Analysis Score

0–100
  • Significance85
    How much this matters to a regular citizen
  • Controversy70
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz65
    Current news / social attention level

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