ID H0709

Excludes "programmable money" from the legal definition of "money" and "deposit accounts" under Idaho's Uniform Commercial Code, meaning it would not be treated as standard currency for commercial transactions

Defines programmable money as currency encoded with rules that can automatically deny/approve transactions, impose user-specific restrictions on location, time, use, or identity, expire or diminish in value beyond normal inflation, or implement social credit score systems

Prohibits issuers of programmable money from requiring its use without offering a free non-digital alternative, and bans denying transactions based on sex, race, political opinion, religion, medical history, vaccination status, purchase history, location, profession, or social credit scores

Creates civil remedies including actual and punitive damages, declaratory/injunctive relief, and attorney's fees for prevailing parties, with potential revocation of business authorization for intentional or repeated violations

Establishes criminal penalties of up to $10,000 per violation and/or up to one year imprisonment for issuers who violate the chapter, with each denied transaction constituting a separate offense; effective July 1, 2026 as emergency legislation