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Bill > A09275

NY A09275

NY A09275
Establishes the New York state cryptocurrency and blockchain study task force to provide the governor and the legislature with information on the effects of the widespread use of cryptocurrencies and other forms of digital currencies and their ancillary systems, including but not limited to blockchain technology, in the state.

summary

Introduced
02/09/2022
In Committee
03/28/2022
Crossed Over
06/03/2022
Passed
11/22/2022
Dead
Vetoed
11/23/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

Establishes the New York state cryptocurrency and blockchain study task force to provide the governor and the legislature with information on the effects of the widespread use of cryptocurrencies and other forms of digital currencies and their ancillary systems, including but not limited to blockchain technology, in the state.

AI Summary

This bill establishes the New York State Cryptocurrency and Blockchain Study Task Force to provide the governor and the legislature with information on the effects of the widespread use of cryptocurrencies, other digital currencies, and their related technologies, such as blockchain, in the state. The task force will consist of 16 members appointed by the governor, the state comptroller, the Senate, and the Assembly, and it will submit a report by December 15, 2024 covering various aspects of the digital currency and blockchain industries in New York, including their impact on tax revenues, energy consumption, and environmental considerations, as well as recommendations for potential legislative and regulatory actions. The bill will take effect immediately and expire on December 15, 2024.

Committee Categories

Budget and Finance, Business and Industry

Sponsors (3)

Last Action

tabled (on 11/23/2022)
(1 Companion Bills)

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