Add as a preferred source on GoogleIllinois Parties Propose March 2027 Ruling on Digital Asset Tax
The schedule calls for briefing to end Jan. 22 and a hearing in February. The state has agreed to pause the law through July 1, 2027.
Four crypto industry groups and Illinois have asked a Sangamon County court to accelerate its review of two lawsuits challenging the state’s Digital Asset Tax Act, proposing a decision deadline of March 1, 2027.
The Blockchain Association and Crypto Council for Innovation joined the Illinois state government, Digital Chamber and Illinois Blockchain Association in filing the joint motion.
Under the proposed schedule, opening summary judgment motions would be filed by Nov. 4, 2026, with briefing completed by Jan. 22, 2027. The groups and state requested a hearing between Feb. 8 and Feb. 19, followed by a decision by March 1. The schedule requires court approval.
Illinois has agreed to pause the law’s effectiveness and enforcement through July 1, 2027. The proposed timetable would put the legal challenge before the court while that pause is in effect.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.