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MD SB376
Bill
AI Summary
- Establishes a Digital Asset and Blockchain Technology Task Force to study blockchain and cryptocurrency use and regulation in Maryland
- Task Force membership includes 4 legislators, 6 state agency heads or designees (Comptroller, State Treasurer, Secretaries of Commerce, Information Technology, and Labor, plus Securities Commissioner), and 5 Governor-appointed members representing financial services, academia, and the Maryland Blockchain Association
- Required analysis includes risks and benefits of blockchain/cryptocurrency in government and private business, impact on state revenues and energy consumption, and privacy concerns
- Task Force must submit findings and recommendations to the Governor and General Assembly by October 1, 2027
- Act takes effect July 1, 2026 and automatically sunsets on June 30, 2028
Legislative Description
Digital Asset and Blockchain Technology Task Force - Establishment
Rules and Regulations
Last Action
Referred Economic Matters
3/13/2026
Committee Referrals
Economic Matters3/13/2026
Finance1/27/2026
Full Bill Text
No bill text available