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Committee adopts amendment removing pension digital‑asset evaluation requirement from House Bill 116
Summary
Vice Chair Workman moved and the committee adopted an amendment to House Bill 116 that removes a section requiring state pension systems to evaluate digital assets and report results to the General Assembly; Representative Demetrio, the bill sponsor, offered no further comment and there were no objections.
The House Technology and Innovation Committee adopted amendment AM1360355 to House Bill 116 during the meeting. Vice Chair Workman explained the amendment removes Section 4, which would have required all state pension systems to evaluate digital assets and submit a report to the General Assembly with the results of that evaluation.
Representative Demetrio, the sponsor of the bill, declined to offer additional comment. The committee chair asked if there were objections; none were raised and the amendment was adopted "without objection." The amendment was recorded as incorporated into House Bill 116.
Ending: The committee moved on to other business after the amendment was adopted; no further action on HB116 occurred during this meeting.
