HB 22-1053 Summary

• Creates an online educational program on blockchain technology for agricultural production, distribution, and sales to be developed and deployed by the Commissioner by January 1, 2024.

• Program curriculum covers benefits of blockchain implementation, existing blockchain programs for agricultural producers, and requirements to begin using blockchain programs consistent with best practices.

• Commissioner must consult with stakeholders and may contract with Colorado State University System to develop the program, and must publicize it to encourage agricultural producer participation.

• Appropriates $72,768 from the general fund to the Department of Agriculture's Agricultural Markets Division for the 2022-23 fiscal year to implement the program.

• Section automatically repeals effective July 1, 2030.