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RI H7956

Joint Resolution

Status

Introduced

2/27/2026

Primary Sponsor

Stephen Casey

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Creates a 5-member special legislative commission to study blockchain, cryptocurrency, and non-fungible tokens (NFTs) in Rhode Island

  • Commission membership includes the Secretary of Commerce (chair), Director of Department of Business Regulation, and three public members representing academia, financial institutions, and federal securities law expertise

  • Commission must meet at least 4 times per calendar year and will review national blockchain/cryptocurrency trends, examine current Rhode Island laws, and solicit input from industry experts

  • Interim progress report due to the General Assembly by January 5, 2027; final report with legislative recommendations due to the Secretary of Commerce, General Treasurer, and General Assembly by January 5, 2028

  • Commission expires February 5, 2028; members serve without compensation but receive expense reimbursement

Legislative Description

JOINT RESOLUTION CREATING A SPECIAL LEGISLATIVE COMMISSION TO STUDY BLOCKCHAIN AND CRYPTOCURRENCY (Creates a 5 member commission to recommend legislative proposals for blockchain and cryptocurrency, and submit an interim progress report by January 5, 2027, and a final report by January 5, 2028, and would expire on February 5, 2028.)

Last Action

Committee recommended measure be held for further study

3/5/2026

Committee Referrals

Innovation, Internet, & Technology2/27/2026

Full Bill Text

No bill text available