(a) A unit of local government shall not:
         (1) impose any tax or fee on the use of a
    
blockchain or smart contract by any person or entity;
        (2) require any person or entity to obtain from the
    
unit of local government any certificate, license, or permit to use a blockchain or smart contract; or
        (3) impose any other requirement relating to the
    
use of a blockchain or smart contract by any person or entity.
    (b) Nothing in this Section prohibits a unit of local government from using a blockchain or smart contract in the performance of its powers or duties in a manner not inconsistent with the provisions of this Act.

Terms Used In Illinois Compiled Statutes 205 ILCS 730/20

  • Contract: A legal written agreement that becomes binding when signed.
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