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Topic: [2016-01-22] New Hampshire House of Representatives Votes Against Bitcoin Tax Bi (Read 318 times)

legendary
Activity: 1540
Merit: 1000
Finally, the rebellion I have been hoping for, I hope to see bi-partisan efforts to stop these aristocrats trying to control cryptocurrencies.
sr. member
Activity: 672
Merit: 250
"According to records provided by the New Hampshire General court, 264 representatives voted against the bill, while only 74 voted in favor."

This result is much better than expected by most people.
sr. member
Activity: 434
Merit: 250
Young but I'm not that bold
- New Hampshire House of Representatives Votes Against Bitcoin Tax Bill

Bitcoin Tax bill HB552 – which was introduced to New Hampshire lawmakers by Representative Eric Schleien – has been defeated in a vote held at the New Hampshire House of Representatives. According to records provided by the New Hampshire General court, 264 representatives voted against the bill, while only 74 voted in favor.

Schleien’s bill would have offered citizens of New Hampshire the option of using bitcoin as a payment medium for tax bills and other government fees. Under HB552, the state of New Hampshire would have used an intermediary exchanger to convert digital currency deposits into cash immediately, thus removing any risks associated with Bitcoin’s unpredictable exchange rate fluctuations.

Read more : http://themerkle.com/news/new-hampshire-house-of-representatives-votes-against-bitcoin-tax-bill/
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