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Bill > SB330


MT SB330

MT SB330
Create a Montana blockchain and digital innovation task force


summary

Introduced
02/15/2025
In Committee
03/05/2025
Crossed Over
03/05/2025
Passed
05/05/2025
Dead
Signed/Enacted/Adopted
05/08/2025

Introduced Session

2025 Regular Session

Bill Summary

AN ACT CREATING THE MONTANA BLOCKCHAIN AND DIGITAL INNOVATION TASK FORCE; PROVIDING MEMBERSHIP REQUIREMENTS AND DUTIES; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE AND A TERMINATION DATE.

AI Summary

This bill establishes the Montana Blockchain and Digital Innovation Task Force, which will be administered by the Department of Administration and consist of 19 members appointed by the president of the senate, speaker of the house, and governor. The task force will include legislators, state officials, and professionals with expertise in blockchain, cryptocurrency, financial technology, and digital innovation. The members will serve until December 31, 2026, and while most will not receive compensation, legislative members will be reimbursed for travel expenses. The primary objectives of the task force are to develop expertise and make recommendations regarding blockchain and digital innovation, including strategies to promote adoption in the state, create non-financial incentives for related industries, foster partnerships with financial institutions, and develop appropriate regulations. Legislative members appointed by the senate and house leadership will serve as co-chairpersons, and the task force is required to report its findings and recommendations to the economic affairs interim committee and legislative council by July 1, 2026. The bill takes effect immediately upon passage and will terminate on December 31, 2026.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Chapter Number Assigned (on 05/08/2025)

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