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CO SB184
Bill
AI Summary
- Direct the Colorado Water Institute at Colorado State University to study potential uses of blockchain technology for managing water rights databases, facilitating water markets or water banks, and administering water-related powers and duties
- Require the institute to report findings to the General Assembly's committees with jurisdiction over business affairs and water rights
- Allow the institute to seek and accept gifts, grants, or donations from private or public sources to fund the study, with study not beginning until sufficient funding is received
- Automatically repeal this provision upon delivery of the report or if the institute director determines insufficient funding has been received, with written notice required to the revisor of statutes
- Effective date of 12:01 a.m. on the day following the 90-day period after final adjournment of the general assembly, or following voter approval if a referendum petition is filed
Legislative Description
Authority Colorado Water Institute Study Blockchain Technology
Last Action
Senate Committee on Agriculture & Natural Resources Postpone Indefinitely
3/21/2019
Committee Referrals
Agriculture and Natural Resources3/5/2019
Full Bill Text
No bill text available