Bill Text: VA SB339 | 2024 | Regular Session | Enrolled

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Bill Title: Blockchain technology, digital asset mining, etc.; Jt. Commission on Technology & Science to study.

Spectrum: Bipartisan Bill

Status: (Passed) 2024-04-08 - Governor: Approved by Governor-Chapter 707 (effective 7/1/24) [SB339 Detail]

Download: Virginia-2024-SB339-Enrolled.html

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VIRGINIA ACTS OF ASSEMBLY -- CHAPTER An Act to direct the Joint Commission on Technology and Science to analyze the use of blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth. [S 339] Approved

Be it enacted by the General Assembly of Virginia:

1. §1. That the Joint Commission on Technology and Science (JCOTS) shall, in consultation with the State Corporation Commission and other relevant stakeholders, conduct an analysis of and make recommendations related to the use of blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth and fostering the appropriate expansion of blockchain technology, digital asset mining, and cryptocurrency in the Commonwealth. JCOTS shall submit a report of its findings and recommendations to the Chairmen of the House Committees on Appropriations and Communications, Technology and Innovation and the Senate Committees on Finance and Appropriations and General Laws and Technology no later than December 1, 2024.