Page 23

Act" mean this Article. Section 3-15. Definitions. In this Act: "Customer" means a person receiving digital asset business activity from a digital asset broker for valuable consideration. "Department" means the Department of Revenue. "Digital asset" has the meaning set forth in Section 1-5 of the Digital Assets and Consumer Protection Act. "Digital asset business activity" means any single occurrence of exchanging, transferring, or storing a digital asset as part of a business or on behalf of a customer who has entered into an agreement with a business for the provision of those services. "Digital asset broker" means a person, as defined in Section 6045(c)(1)(D) of the Internal Revenue Code and any regulations as the Secretary of the Treasury may prescribe, who is engaged in the business of providing digital asset business activity to customers in this State. "Digital asset broker maintaining a place of business in this State" means: (1) Any digital asset broker having or maintaining within this State, directly or by a subsidiary, an office, distribution facilities, transmission facilities, sales office, warehouse or other place of business, or any agent or other representative operating within this State under SB3019 Enrolled LRB104 20255 HLH 33706 b Public Act 104-0468