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2024 SESSION

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24108489D
SENATE BILL NO. 339 AMENDMENT IN THE NATURE OF A SUBSTITUTE (Proposed by the House Committee on Appropriations on February 28, 2024) (Patrons Prior to Substitute--Senators Salim and Head [SB 148]) A BILL to direct the Joint Commission on Technology and Science to analyze the use of blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth.

Be it enacted by the General Assembly of Virginia:

1. § 1. That the Joint Commission on Technology and Science (JCOTS) shall, in consultation with the State Corporation Commission and other relevant stakeholders, conduct an analysis of and make recommendations related to the use of blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth and fostering the appropriate expansion of blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth. JCOTS shall submit a report of its findings and recommendations to the Chairmen of the House Committees on Appropriations and Communications, Technology and Innovation and the Senate Committees on Finance and Appropriations and General Laws and Technology no later than December 1, 2024.