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2019 SESSION

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HJ 677 Blockchain technology; joint subcommittee to study emergence & integration in the economy.

Introduced by: Nick Rush | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Study; joint subcommittee to study the emergence and integration of blockchain technology in the economy of the Commonwealth; report. Establishes a 21-member joint subcommittee to identify blockchain technology research and economic development opportunities with the goal of creating a statewide, comprehensive, and coordinated strategy relating to blockchain technology. In conducting its study, the joint subcommittee shall analyze and consider (i) economic development opportunities in the Commonwealth available through the utilization of blockchain technology; (ii) different types of blockchain technology and the feasibility of economic development for each type; (iii) the creation of a statewide, comprehensive, coordinated strategy to encourage commercial activity in the blockchain technology sector; (iv) opportunities for deployment of blockchain technology in state government; and (v) strategies to incentivize the development of blockchain companies in the Commonwealth. The joint subcommittee shall submit its report to the Governor and the 2020 and 2021 Regular Sessions of the General Assembly.


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