Illinois, Georgia Want To Give Tax Cuts For Bitcoin Miners

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U.S. states are keen on bitcoin miners and see tax cuts as the best tool to attract them.

Illinois State legislation first filed in January that this week picked up a co-sponsorship from Democrat Senator Julie Morrison is seeking to extend a data center tax incentive program to bitcoin mining farms, The Block first reported.

Now-bipartisan Bill 3643, filed by Republican State Sen. Sue Rezin, would amend the civil administrative code of Illinois to include data centers engaged in bitcoin mining and bring them under the state’s 2019 tax incentive program, encouraging the establishment of new farms.

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