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republic-os/legislation/us/states/va/2024/sb-339.md
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Fabio 5a13be122b Legislation: batch E — CA TN VA VT WA WI WV WY 
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 17:28:36 -04:00

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type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags
type title description jurisdiction legislature session identifier citation classification subjects status primary_sponsors version_count action_count vote_count first_action last_action source source_identifier source_url source_hash vintage source_snapshot retrieved_at confidence tags
Bill Blockchain technology, digital asset mining, etc.; Jt. Commission on Technology & Science to study. Digital asset mining; holding, use, and transfer of digital assets; securities exemption; tax exemption. Exempts any person engaging in home digital asset mining, digital asset mining, or digital asset mining business activities, as those terms are defined in the bill, from the requirement to obtain a money transmitter license. The bill exempts issuers and sellers of digital assets from securities registration requirements if certain conditions are met. Under the bill, no locality's industrial zone may prohibit the use of such area for digital asset mining or digital asset mining business activities and no local sound ordinance may be more restrictive for digital asset mining or digital asset mining business activities than the current industrial zone noise ordinance of the locality. Additionally, the bill provides that, for taxable years beginning on and after January 1, 2024, up to $200 per transaction of any net capital gain from exchanges made after January 1, 2024, for one legal tender to another legal tender shall be subtracted from taxable income computations. The bill provides that any person in the Commonwealth may use or transfer digital assets to purchase legal goods or services or transfer or exchange digital assets using a blockchain protocol and that no person engaging in digital asset mining, digital asset mining business activities, or providing digital asset mining or staking services for another person or operating a node or series of nodes on a blockchain network shall be subject to liability for merely validating a transaction. The bill also directs to the Bureau of Financial Institutions of the State Corporation Commission to convene a work group for the purpose of studying and making recommendations related to blockchain technology, digital asset mining, and cryptocurrency activity in the Commonwealth. us/states/va Virginia General Assembly 2024 SB 339 Virginia SB 339 (2024)
bill
enacted
Saddam Azlan Salim
5 45 10 2024-01-09 2024-04-08 openstates ocd-bill/b9b56d4a-be55-4555-86d2-81220ff7c8d4 https://lis.virginia.gov/cgi-bin/legp604.exe?241+sum+SB339 99531e98ab9697367096075637845167e61bd07f116093439be4dd512f3798f7 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-va

Virginia SB 339 (2024) — Blockchain technology, digital asset mining, etc.; Jt. Commission on Technology & Science to study.

Digital asset mining; holding, use, and transfer of digital assets; securities exemption; tax exemption. Exempts any person engaging in home digital asset mining, digital asset mining, or digital asset mining business activities, as those terms are defined in the bill, from the requirement to obtain a money transmitter license. The bill exempts issuers and sellers of digital assets from securities registration requirements if certain conditions are met. Under the bill, no locality's industrial zone may prohibit the use of such area for digital asset mining or digital asset mining business activities and no local sound ordinance may be more restrictive for digital asset mining or digital asset mining business activities than the current industrial zone noise ordinance of the locality. Additionally, the bill provides that, for taxable years beginning on and after January 1, 2024, up to $200 per transaction of any net capital gain from exchanges made after January 1, 2024, for one legal tender to another legal tender shall be subtracted from taxable income computations. The bill provides that any person in the Commonwealth may use or transfer digital assets to purchase legal goods or services or transfer or exchange digital assets using a blockchain protocol and that no person engaging in digital asset mining, digital asset mining business activities, or providing digital asset mining or staking services for another person or operating a node or series of nodes on a blockchain network shall be subject to liability for merely validating a transaction. The bill also directs to the Bureau of Financial Institutions of the State Corporation Commission to convene a work group for the purpose of studying and making recommendations related to blockchain technology, digital asset mining, and cryptocurrency activity in the Commonwealth.

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

  1. CHAP0707 (committee substitute) — source
  2. Committee substitute printed 24107220D-S1 (committee substitute) — source
  3. Committee substitute printed 24108489D-H1 (committee substitute) — source
  4. Prefiled and ordered printed; offered 01/10/24 24104931D (committee substitute) — source
  5. SB339ER (committee substitute) — source

Votes

  • Constitutional reading dispensed (40-Y 0-N) — 40–0 (pass) · upper
  • Subcommittee recommends reporting (6-Y 0-N) — 6–0 (pass) · lower
  • Reported from Appropriations with substitute (21-Y 1-N) — 21–1 (pass) · lower
  • House substitute agreed to by Senate (40-Y 0-N) — 40–0 (pass) · upper
  • VOTE: Passage (97-Y 1-N) — 96–1 (pass) · lower
  • Reported from Commerce and Labor with substitute (15-Y 0-N) — 15–0 (pass) · upper
  • Passed Senate (40-Y 0-N) — 40–0 (pass) · upper
  • Reported from Rules (16-Y 0-N) — 16–0 (pass) · lower
  • Reported from Finance and Appropriations (15-Y 0-N) — 15–0 (pass) · upper
  • Constitutional reading dispensed (39-Y 0-N) — 39–0 (pass) · upper

Sponsors

  • Saddam Azlan Salim — primary (person)
  • Christopher T. Head — cosponsor (person)

Timeline

The legislative action history — every referral, reading, and vote.

  • 2024-01-09 Prefiled and ordered printed; offered 01/10/24 24104931D filing, introduction
  • 2024-01-09 Referred to Committee on Commerce and Labor referral-committee
  • 2024-02-02 Impact statement from SCC (SB339)
  • 2024-02-02 Senate committee, floor amendments and substitutes offered
  • 2024-02-05 Reported from Commerce and Labor with substitute (15-Y 0-N) committee-passage
  • 2024-02-05 Rereferred to Finance and Appropriations referral-committee
  • 2024-02-05 Committee substitute printed 24107220D-S1 substitution
  • 2024-02-05 Incorporates SB148 (Head)
  • 2024-02-06 Senate committee, floor amendments and substitutes offered
  • 2024-02-08 Reported from Finance and Appropriations (15-Y 0-N) committee-passage
  • 2024-02-09 Constitutional reading dispensed (39-Y 0-N)
  • 2024-02-12 Read second time reading-2
  • 2024-02-12 Reading of substitute waived
  • 2024-02-12 Committee substitute agreed to 24107220D-S1 substitution
  • 2024-02-12 Engrossed by Senate - committee substitute SB339S1 substitution
  • 2024-02-12 Constitutional reading dispensed (40-Y 0-N)
  • 2024-02-12 Passed Senate (40-Y 0-N) passage
  • 2024-02-15 Placed on Calendar
  • 2024-02-15 Read first time reading-1
  • 2024-02-15 Referred to Committee on Rules referral-committee
  • 2024-02-21 Impact statement from SCC (SB339S1)
  • 2024-02-22 Assigned Rules sub: Studies Subcommittee referral-committee
  • 2024-02-23 Subcommittee recommends reporting (6-Y 0-N)
  • 2024-02-23 Subcommittee recommends referring to Committee on Appropriations referral-committee
  • 2024-02-23 Reported from Rules (16-Y 0-N) committee-passage
  • 2024-02-23 Referred to Committee on Appropriations referral-committee
  • 2024-02-28 Reported from Appropriations with substitute (21-Y 1-N) committee-passage
  • 2024-02-28 Incorporates SB148 (Head)
  • 2024-02-28 Committee substitute printed 24108489D-H1 substitution
  • 2024-03-01 Read second time reading-2
  • 2024-03-04 Read third time reading-3
  • 2024-03-04 Committee substitute agreed to 24108489D-H1 substitution
  • 2024-03-04 Engrossed by House - committee substitute SB339H1 substitution
  • 2024-03-04 Passed House with substitute (97-Y 1-N) passage
  • 2024-03-04 VOTE: Passage (97-Y 1-N) passage
  • 2024-03-05 House substitute agreed to by Senate (40-Y 0-N) substitution
  • 2024-03-05 Title replaced 24108489D-H1
  • 2024-03-08 Enrolled enrolled
  • 2024-03-08 Bill text as passed Senate and House (SB339ER) passage
  • 2024-03-08 Signed by Speaker passage
  • 2024-03-09 Signed by President passage
  • 2024-03-11 Enrolled Bill Communicated to Governor on March 11, 2024 enrolled
  • 2024-03-11 Governor's Action Deadline 11:59 p.m., April 8, 2024 executive-receipt
  • 2024-04-08 Approved by Governor-Chapter 707 (effective 7/1/24) executive-signature
  • 2024-04-08 Acts of Assembly Chapter text (CHAP0707)

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/b9b56d4a-be55-4555-86d2-81220ff7c8d4. Confidence: reported (aggregated from official Virginia legislature records).

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