Digital Chamber Sues Illinois Officials over 0.2% Crypto Tax
The advocacy organization The Digital Chamber filed in Illinois state court to block implementation of a crypto tax policy included in a state budget bill.
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The advocacy organization The Digital Chamber filed in Illinois state court to block implementation of a crypto tax policy included in a state budget bill.
Digital Chamber Sues Illinois Officials over 0.2% Crypto Tax
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Written by
Turner Wright
staff writer
Reviewed by
Robert Lakin
staff editor
Written by
Turner Wright
staff writer
Reviewed by
Robert Lakin
staff editor
Digital Chamber sues Illinois officials over new state 0.2% crypto tax
Latest News
Published
Jul 22, 2026
The group alleged that the tax signed into law in June “discriminates against people who transact in digital assets“ and should be blocked from implementation and enforcement.
Cryptocurrency and blockchain advocacy organization The Digital Chamber is suing the State of Illinois over the state’s 0.2% tax on crypto transactions expected to go into effect in 2027.
In a Tuesday filing in the circuit court of Sangamon County, Illinois, the Chamber alleged that the Illinois state tax for the 2027 fiscal year was “facially invalid.” The organization
filed
a civil suit against Illinois Attorney General Kwame Raoul and the Department of Revenue’s David Harris, claiming that the crypto tax was “slipped into the state’s budget” without a debate or feedback from people potentially affected.
“The lawsuit argues that no one should be taxed differently because of how ownership is recorded or transferred,”
said
the chamber in a Tuesday blog post. “Put simply, this tax discriminates against people who transact in digital assets. This tax is universally applied, regardless of whether the investor realizes any gain, or whether ownership is even being transferred.”
The digital asset policy,
included in a senate bill
as part of the Illinois state budget for the fiscal year 2027, requires crypto brokers to impose a 0.2% tax or face potential prison time and fines. Governor JB Pritzker signed the budget bill into law in June.
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Law
Taxes
Cryptocurrencies
United States
Regulation
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