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Bill > H0735


FL H0735

FL H0735
Blockchain Technology


summary

Introduced
02/11/2019
In Committee
02/20/2019
Crossed Over
Passed
Dead
05/04/2019

Introduced Session

Potential new amendment
2019 Regular Session

Bill Summary

Establishes Florida Blockchain Task Force in DFS; provides for membership & duties of task force; requires task force to submit report to Governor & Legislature & make presentations; requires DFS to provide support staff & other assistance to task force; provides for termination of task force.

AI Summary

This bill establishes the Florida Blockchain Task Force within the Department of Financial Services to explore and develop a master plan for fostering the expansion of the blockchain industry in the state. The task force, consisting of 12 members from the public and private sectors, will study the opportunities and risks associated with using blockchain technology for state and local government, review blockchain applications used by other governments, assess the existing blockchain industry in Florida, and make recommendations to the Governor and Legislature on promoting innovation and economic growth in the state's blockchain industry. The task force is required to submit a report within 180 days of its first meeting, including cost-benefit analyses, recommendations on feasibility and financing of blockchain implementation, and identification of a potential pilot project. The Department of Financial Services will provide support staff and resources to the task force.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (5)

Other Sponsors (2)

Oversight, Transparency and Public Management Subcommittee (House), State Affairs Committee (House)

Last Action

Laid on Table, companion bill(s) passed, see CS/CS/SB 1024 (Ch. 2019-52), CS/CS/CS/HB 1393 (Ch. 2019-140) (on 05/01/2019)

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