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Subcommittee approves amended study commission on blockchain, broad membership and year-long report
Summary
Lawmakers amended and approved a study commission to examine blockchain, legal/regulatory frameworks and environmental impacts; the subcommittee voted to report the bill "ought to pass as amended."
The Commerce and Consumer Affairs subcommittee voted to advance an amended bill creating a state study commission on blockchain technologies, voting "ought to pass as amended." The amendment expanded the commission—s charges and membership and extended reporting and repeal dates.
Sponsor remarks and scope: Representative Ammon and other sponsors presented an updated amendment that "replaces the entire bill" and adds more specific charges for the commission, including legal, regulatory, financial and technological…
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