HB0256

Failed

Select Committee on Blockchain and Emerging Technologies-1.

Rename the select committee on blockchain and digital technology, expand its duties, and update its sponsorship authority.

Full legal title

AN ACT relating to the legislature; amending the name and duties of the select committee on blockchain, financial technology and digital innovation technology; amending the sponsorship authority of the select committee; making conforming amendments; and providing for an effective date.

Government

Sponsor:

Co-sponsors: Representative(s) Andrew, Yin, Senator(s) Nethercott, Rothfuss

View on wyoleg.gov Introduced Text (PDF)Digest (PDF)Fiscal Note (PDF)

What does this bill do?

Renames the select committee on blockchain, financial technology and digital innovation technology to the select committee on blockchain and emerging technologies, and clarifies its duties and legislative authority.

Changes the official name of the select committee from 'select committee on blockchain, financial technology and digital innovation technology' to 'select committee on blockchain and emerging technologies'. (W.S. 28-11-701(a), Sec. 1, Sec. 2)
Requires the select committee to develop knowledge and expertise regarding blockchain, financial technology, digital innovation, and emerging technologies among its members. (W.S. 28-11-701(b)(i))
Authorizes the select committee to develop and introduce legislation to promote blockchain, financial technology, and digital innovation in Wyoming, except that legislation relating to Title 13 of the Wyoming statutes must be recommended to the joint minerals, business and economic development interim committee instead. (W.S. 28-11-701(b)(ii))
Specifies that the select committee may advance economic development goals by reducing impediments to technology companies, developing policies to encourage technology companies to locate and remain in Wyoming, and promoting digital commercial activity in the state. (W.S. 28-11-701(b)(ii)(A), (B), (C))
Requires the governor to appoint three persons as liaisons to the select committee to aid, assist, and advise on blockchain, financial technology, digital innovation, and emerging technology issues. (W.S. 28-11-701(c), (i))
Establishes that the select committee may not introduce legislation relating to Title 13 of the Wyoming statutes without consent from the chairman of the joint minerals, business and economic development interim committee, and may instead recommend such legislation to that committee. (W.S. 28-11-701(d))
Requires the director to provide a comprehensive report to the select committee and the joint minerals, business and economic development interim committee before publicly issuing any fully reserved Wyoming stable tokens. (W.S. 40-31-105(e))

Effective: Immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution

Actions (3)

2/3/2025(House)

H Did not Consider for Introduction

1/21/2025(House)

H Received for Introduction

1/20/2025(LSO)

Bill Number Assigned

Roll Call Votes (0)

No roll call votes recorded.