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General Assembly Substitute Bill No. 1032
January Session, 2019
AN ACT REQUIRING THE SECRETARY OF THE OFF ICE OF POLICY
AND MANAGEMENT TO DE VELOP A PLAN TO INCORPORAT E
BLOCKCHAIN TECHNOLOG Y IN THE ADMINISTRATION OF A STATE
FUNCTION.
Be it enacted by the Senate and House of Representatives in General
Assembly convened:
Section 1. (NEW) (Effective from passage) (a) As used in this section: 1
(1) "Blockchain technology" means distributed ledger technology 2
that uses a distributed, decentralized, shared and replicated ledger that 3
may be public or private, permissioned or permissionless and that may 4
include the use of electronic currencies or electronic tokens as a 5
medium of electronic exchange; and 6
(2) "Distributed ledger technology" means any database that is 7
consensually shared and synchronized across multiple sites, 8
institutions or geographies allowing for public witnesses to such 9
transactions and may include supporting infrastructure, including 10
blockchain technology. 11
(b) On or before October 1, 2020, the Secretary of the Office of Policy 12
and Management, in consultation with the Chief Information Officer of 13
the Division of Information Technology within the Department of 14
Administrative Services, shall develop a plan to incorporate blockchain 15
technology to make a state administrative function more efficient. 16 Substitute Bill No. 1032
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(c) Not later than October 1, 2021, the secretary shall submit such 17
plan to the joint standing committees of the General Assembly having 18
cognizance of matters relating to commerce and government 19
administration. 20
This act shall take effect as follows and shall amend the following
sections:
Section 1 from passage New section
CE Joint Favorable Subst.