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ME LD1286

Bill

Status

Enrolled

6/4/2025

Primary Sponsor

Richard Bradstreet

Click for details

Origin

Senate

132nd Legislature

AI Summary

  • Establishes a 10-member Commission to Study Fostering a Positive Economic Environment for Blockchain Technology and Cryptocurrency, with bipartisan legislative representation and experts in blockchain, cryptocurrency, finance, and securities law

  • Commission must review national data on blockchain and cryptocurrency use, assess current Maine laws related to these technologies, and study nonfungible tokens (NFTs) including their use, prevalence, and regulation

  • Members appointed by Senate President, House Speaker, and Governor within 30 days of the resolve's effective date, with Legislative Council providing staff support

  • Commission authorized to consult with industry experts in blockchain technology, cryptocurrency, and regulatory frameworks

  • Final report with findings and legislative recommendations due to the Joint Standing Committee on Health Coverage, Insurance and Financial Services by December 3, 2025

Legislative Description

Resolve, to Establish the Commission to Study the Impact of Blockchain Technology and Cryptocurrency on Maine's Economy and the Risks of Fraud and Theft to Maine Consumers

Regulations

Last Action

CARRIED OVER, in the same posture, to any special or regular session of the 132nd Legislature, pursuant to Joint Order SP 800.

6/25/2025

Committee Referrals

Health Coverage, Insurance and Financial Services3/25/2025

Full Bill Text

No bill text available