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Bill > S08343

NY S08343

NY S08343
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
02/15/2022
In Committee
02/15/2022
Crossed Over
06/02/2022
Passed
Dead
12/31/2022

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 legislature with information on the effects of the widespread use of cryptocurrencies and other digital currencies, including blockchain technology, in the state. The task force consists of 16 members appointed by the governor, the State Comptroller, the Senate President, and the Assembly Speaker. The task force is required to submit a report by December 15, 2024, which will cover various aspects of the digital currency and cryptocurrency industries in New York, such as market share, energy consumption, environmental impact, and regulatory recommendations. The bill will take effect immediately and expire on December 15, 2024.

Committee Categories

Business and Industry

Sponsors (9)

Last Action

SUBSTITUTED BY A9275 (on 06/02/2022)
(1 Companion Bills)

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