Blockchain technology; VEDPA to study the emergence, etc., in the economy. (HJ82)

Introduced By

Del. Hala Ayala (D-Woodbridge) with support from co-patrons Del. Lee Carter (D-Manassas), Del. Glenn Davis (R-Virginia Beach), and Del. Ibraheem Samirah (D-Herndon)

Progress

Introduced
Passed Committee
Passed House
Passed Senate

Description

Study; Virginia Economic Development Partnership Authority to study the emergence and integration of blockchain technology in the economy of the Commonwealth; report. Requests the Virginia Economic Development Partnership Authority to identify blockchain technology research and economic development opportunities with the goal of creating a statewide, comprehensive, and coordinated strategy relating to blockchain technology. In conducting its study, the Virginia Economic Development Partnership Authority shall analyze and consider (i) economic development opportunities in the Commonwealth available through the utilization of blockchain technology; (ii) different types of blockchain technology and the feasibility of economic development for each type; (iii) the creation of a statewide, comprehensive, and coordinated strategy to encourage commercial activity in the blockchain technology sector; (iv) opportunities for deployment of blockchain technology in state government; and (v) strategies to incentivize the development of blockchain companies in the Commonwealth. The Virginia Economic Development Partnership Authority shall submit its report to the Governor and the 2021 and 2022 Regular Sessions of the General Assembly. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/07/2020Committee
01/07/2020Prefiled and ordered printed; offered 01/08/20 20104566D
01/07/2020Referred to Committee on Rules
01/27/2020Assigned Rules sub: Studies
02/03/2020House subcommittee amendments and substitutes offered
02/03/2020Subcommittee recommends laying on the table (5-Y 0-N)
02/11/2020Left in Rules

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