Lawmakers Pitch New Crypto Tax Payments Bill in New Hampshire

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© Reuters.  © Reuters.

A pair of New Hampshire lawmakers filed a bill this month that, if approved, would let state-level agencies accept cryptocurrencies as payment, including the state’s tax office.

Representatives Dennis Acton and Michael Yakubovich introduced House Bill 470 on Jan. 3, which seeks to require New Hampshire’s state agencies accept cryptocurrencies for taxes and other fees through a third-party entity.

If passed, the bill would give the state treasurer until Nov. 1, 2019 to develop a plan for these agencies to begin integrating such payments.

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