Vetoed by Governor Eric Holcomb

Vote Smart's Synopsis:

Vote to adopt a conference report and pass a bill that amends state law over regulation of blockchain technology and oversight of broadband projects.

Highlights:

• Defines “blockchain technology” as “distributed ledger technology that uses a distributed, decentralized, shared, and replicated ledger that may be public or private, permissioned or permissionless, and that may include the use of electronic currencies or electronic tokens as a medium of electronic exchange” (Page 1).

• Authorizes exploring use of such technology by State agencies (Page 2).

• Establishes requirements for agencies prior to initiating rulemaking process (Page 8).

• Establishes uniform procedures for implementation of emergency rules (Page 11).

• Requires all broadband infrastructure projects to satisfy certain criteria (Page 19).

Full Bill Text

Vote Smart's Synopsis:

Vote to adopt a conference report and pass a bill that amends state law over regulation of blockchain technology and oversight of broadband projects.

Highlights:

• Defines “blockchain technology” as “distributed ledger technology that uses a distributed, decentralized, shared, and replicated ledger that may be public or private, permissioned or permissionless, and that may include the use of electronic currencies or electronic tokens as a medium of electronic exchange” (Page 1).

• Authorizes exploring use of such technology by State agencies (Page 2).

• Establishes requirements for agencies prior to initiating rulemaking process (Page 8).

• Establishes uniform procedures for implementation of emergency rules (Page 11).

• Requires all broadband infrastructure projects to satisfy certain criteria (Page 19).

Full Bill Text