Illinois and crypto groups ask a judge to delay 0.2% digital asset tax to July 2027
Illinois and two crypto groups asked a Sangamon County judge on October 1 to postpone the state's 0.2% digital asset tax from January 1 to July 1, 2027.
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Why it matters
If a judge approves the motion, brokers owe no 0.2% levy for six more months, and Cointelegraph reported that brokers failing to collect it from January 1 could have faced prison time and fines. The Department's rules are still in draft and open for comment through October 30 and have not been filed with the Secretary of State, so the tax's final scope is not settled. The constitutional and preemption claims remain undecided.
Where the sources disagree
Month the governor signed the tax into law
June 16, as Public Act 104-468
Crypto.News
June, as part of the fiscal 2027 state budget
Cointelegraph
July
Bitcoin.com News
Crypto.News dates the approval to June 16 and Cointelegraph places it in June, while Bitcoin.com News says the bill was signed in July.
Name of the industry group that is a plaintiff
the Chamber of Commerce
CoinGape
the Chamber of Digital Commerce, also called the Digital Chamber
Bitcoin.com News, Crypto.News, Decrypt, Cointelegraph
CoinGape calls the plaintiff the Chamber of Commerce, while Bitcoin.com News, Crypto.News and Decrypt name the Chamber of Digital Commerce, also known as The Digital Chamber.
Key facts
Illinois and the Digital Chamber and the Illinois Blockchain Association filed an agreed motion on October 1 in Sangamon County Circuit Court asking for the 0.2% digital asset tax to take effect July 1, 2027 instead of January 1, 2027.
0.2 %Disputed figureReported by Bitcoin.com News
Sangamon County Circuit Court has not yet approved the agreed motion, and the filing describes a request for relief rather than a judgment on whether the tax is lawful.
Reported by CoinGape
The Digital Asset Tax Act was signed into law as part of Illinois' fiscal 2027 budget, with Crypto.News dating Pritzker's approval to June 16 under Public Act 104-468, Cointelegraph saying June, and Bitcoin.com News saying July.
Disputed figureReported by Crypto.News
The statute levies 0.2% on the value of digital assets involved when an Illinois customer receives covered exchange, transfer or storage services from a digital asset broker, and brokers are responsible for collecting it.
0.2 %Reported by Crypto.News
The Illinois Department of Revenue posted draft rules on September 28, is accepting comments through October 30, and has not filed them with the Illinois Secretary of State or submitted them to the Joint Committee on Administrative Rules.
Reported by Crypto.News
Draft rules treat stablecoins and memecoins as taxable digital assets, exclude NFTs entirely, reach DeFi transactions only where a platform collects protocol fees or other qualifying valuable consideration, and cover exchange-to-self-custody transfers where a broker charges a fee.
Reported by Crypto.News
Bitcoin.com News reports the industry groups argue the tax violates the Illinois Constitution, the Commerce Clause and the Fourteenth Amendment Due Process Clause and is preempted by federal internet-tax law.
Reported by Bitcoin.com News
The Illinois Blockchain Association and the Crypto Council for Innovation argued that preparing for the January deadline would cost their organizations and members millions of dollars and that the industry would face irreparable harm, and Cointelegraph reported that brokers failing to impose the tax could face prison time and fines.
Reported by CoinGape
What happened
Illinois officials and the Digital Chamber and the Illinois Blockchain Association filed an agreed motion in Sangamon County Circuit Court on October 1 asking the court to postpone the state's 0.2% digital asset tax from January 1, 2027 to July 1, 2027, according to Bitcoin.com News, CoinGape, Crypto.News, Decrypt and Cointelegraph. The state side of that motion is Department of Revenue Director David Harris and Attorney General Kwame Raoul, and the court still has to sign off; Decrypt reported the Digital Chamber announced the deal on X and credited its attorneys at Bellementis PLLC. The industry groups argue the tax violates several provisions of the Illinois Constitution, the US Constitution's Commerce Clause and its Fourteenth Amendment Due Process Clause and is preempted by federal internet-tax law, and that meeting the January deadline would cost their members millions of dollars in compliance spending and cause irreparable harm. The Digital Chamber said the tax was slipped into the state's fiscal 2027 budget without debate or public comment, Cointelegraph reported, and Bitcoin.com News carries a critics' claim that confusion over implementation could lead to transactions being taxed more than once. A separate challenge from the Illinois Blockchain Association and the Crypto Council for Innovation is still running, and the delay leaves the constitutional questions undecided. Separately, the Illinois Department of Revenue posted draft rules on September 28, is taking comments through October 30, and has not filed them with the Illinois Secretary of State or submitted them to the Joint Committee on Administrative Rules.
How the story developed
- Official statement
Illinois Department of Revenue posts draft rules and opens comments
Draft rules posted September 28 with a comment period through October 30; not yet filed with the Secretary of State or the Joint Committee on Administrative Rules.
- First report
First report by Crypto.News
Illinois explains which crypto moves face 0.2% tax
- Official statement
Pritzker signs the Digital Asset Tax Act into law
Crypto.News dates the approval to June 16 under Public Act 104-468; Cointelegraph says June and Bitcoin.com News says July.
- Official statement
Agreed motion filed in Sangamon County Circuit Court
Parties stipulate that continuing the effective date from January 1 to July 1, 2027 permits orderly briefing and adjudication without prejudicing any party's rights; the court must still approve.
- Official statement
Official statement from Bitcoin.com News
Illinois Agrees to Delay Rollout of 0.2% State Crypto Tax
- Update
Bitcoin.com News first reports the agreed delay
First outlet report that officials and two industry groups jointly asked for a six-month postponement.
- Official statement
Separate injunction request by Blockchain Association and Crypto Council for Innovation
Those two groups asked for a preliminary injunction on their own, arguing accelerated compliance would cost members millions of dollars.
- Official statement
Digital Chamber and Illinois Blockchain Association file suit
The Digital Chamber sued Attorney General Kwame Raoul and Department of Revenue Director David Harris in July, saying the tax was slipped into the state's budget without debate or public comment.
How coverage built up
Independent sources over time, counted the way the consensus panel counts them: a republication of a wire story does not move the line.
- 30 Sept 2026, 05:05 UTC: Crypto.News — 1 independent source, 1 reports
- 30 Sept 2026, 07:40 UTC: TheNewsCrypto — 2 independent sources, 2 reports
- 1 Oct 2026, 14:52 UTC: Bitcoin.com News, official — 3 independent sources, 3 reports
- 1 Oct 2026, 15:28 UTC: CoinGape — 4 independent sources, 4 reports
- 1 Oct 2026, 16:16 UTC: Decrypt — 5 independent sources, 6 reports
- 1 Oct 2026, 18:01 UTC: Cointelegraph — 6 independent sources, 7 reports
Affected entities
Original sources
| Publisher | Report | Role | Published |
|---|---|---|---|
| Bitcoin.com News Company, official | Illinois Agrees to Delay Rollout of 0.2% State Crypto Tax | Independent | |
| Crypto.News Crypto media | Illinois explains which crypto moves face 0.2% tax | Original | |
| Decrypt Crypto media | Illinois Delays Controversial Crypto Tax Amid Industry Lawsuit | Independent | |
| Cointelegraph Crypto media | Illinois will postpone implementation of crypto tax following lawsuit | Independent | |
| Crypto.News Crypto media | Illinois agrees to delay 0.2% crypto tax until July 2027 | Independent | |
| CoinGape Crypto media | Illinois Delays Crypto Tax Plans Following Lawsuits From Crypto Groups | Independent | |
| TheNewsCrypto Crypto media | Illinois Drafts Rules for 0.2% Crypto Transaction Tax | Syndicated |
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