Crypto Groups Push for Expedited Ruling on Illinois 0.2% Digital Asset Tax

Two major US crypto advocacy groups, the Crypto Council for Innovation (CCI) and the Blockchain Association (BA), have asked an Illinois court to move quickly on a challenge to the state’s planned digital-asset tax. In a filing made in the Circuit Court of Sangamon County on Tuesday, the organizations requested an expedited timetable so the court can decide whether the Illinois Digital Asset Tax Act is lawful “as quickly as possible,” according to the motion.

The request builds on a broader legal effort that also includes claims filed by the Digital Chamber and the Illinois Blockchain Association. The outcome matters for market participants and businesses preparing for an upcoming tax regime that Illinois law currently aims to introduce in 2027.

Key takeaways

• CCI and BA asked Illinois’ Sangamon County court for an expedited schedule to rule on the merits of the Digital Asset Tax Act.
• The motion seeks faster summary judgment consideration, potentially leading to a decision by March if the court agrees.
• Illinois officials previously delayed implementation of the 0.2% crypto tax by six months, moving the start date from Jan. 1 to July 1, 2027.
• The case is tied to objections that the tax was added without adequate debate or public input.