TRANSACTIONS – Amends and adds to existing law to establish provisions regarding programmable money.

Idaho's H 709 establishes a legal framework for "programmable money" (digital currency that can be programmed for specific uses) by amending the state code. The bill explicitly excludes programmable money from the definition of "money" in Idaho law and creates a new Chapter 54 to define terms, limit its use, provide remedies for violations, and establish criminal penalties. This directly affects businesses and consumers using programmable money within Idaho by setting clear regulatory boundaries. The law aims to address legal gaps around this emerging financial technology while ensuring consumer protection and enforcement mechanisms.