A member of the New York City Council is introducing a bill that would allow city residents to pay fees and fines in bitcoins.

A new draft bill is being introduced in the New York City Council, the city’s legislature that controls its budget, by Mark Levine, a member of the Democratic Party representing a district in Manhattan. According to the bill,

“The city may enter into agreements with one or more financing agencies to provide for the acceptance by the city of bitcoins, via the internet, as an alternate means of payment of fines, civil penalties, fees or charges owed by a person to the city”.

Levine proposes that the law should come into force 180 days after its enactment. The 45-year-old politician is enthusiastic about bitcoin, calling it the “currency of choice” for “young, internet-savvy people”. The adoption of bitcoin, he believes, “would convey to the world that New York is on the cutting edge”, attracting new companies and creating more jobs in the city. Besides, it would help to save on processing fees paid by the New York Department of Finance, as these would be much lower in bitcoin, according to the councilman.

In December, the N. Y. Department of Finance had made a public request for information about alternative methods of payment, including bitcoin.

A similar bill, introduced by a member of the Republican Party, is currently being debated in the New Hampshire State House. It would allow the state to accept taxes in bitcoin starting from 2017. The Treasury Department is skeptical about the bill, stating that it might “increase state expenditures” because no one in the Department is familiar with bitcoin and it would take some time before they are able to address all potential issues.