Adds to existing law to establish the Distributed Ledger Technology Act to provide for certain rights regarding the use of distributed ledger technology.

This legislation adds a new chapter to Idaho Code related to Bitcoin miningdistributed ledger technology (DLT). It contains legislative findings that Bitcoin miningDLT brings positive economic value to individuals, corporations and other interests in the state. This legislation will protect the right of individuals and businesses to mine Bitcoinuse DLTin the state of Idaho by prohibiting regulations that impose certainprohibitive requirements on Bitcoin miningits use. This legislation also prohibits the public utilities commission from establishing rate classifications for Bitcoin mining. It further prohibits regulations that would impair the use of Bitcoin for the purchase of goods and services, and it prohibits special taxes from being enacted solely because Bitcoin local regulations that would unfairly impair the use of DLT by businesses or at home. The legislation protects DLT tokens and wallets as a private property right. It also prohibits special taxes from being enacted solely because distributed ledger technology is used as a method of payment in a transaction.