*EH1322.1* March 21, 2025 ENGROSSED HOUSE BILL No. 1322 _____ DIGEST OF HB 1322 (Updated March 20, 2025 9:57 am - DI 140) Citations Affected: IC 4-13. Synopsis: Blockchain technology. Provides that not later than March 1, 2026, the department of administration (department) may issue a request for information for purposes of exploring how the use of blockchain technology could be used by a state agency to: (1) achieve greater cost efficiency and cost effectiveness; and (2) improve consumer convenience, experience, data security, and data privacy. Requires the department to compile a report concerning the request for information and submit the report to the legislative council not later than October 1, 2026. Effective: July 1, 2025. Teshka, Lindauer, Criswell, Pierce K (SENATE SPONSORS — WALKER K, FORD J.D., KOCH) January 13, 2025, read first time and referred to Committee on Government and Regulatory Reform. February 10, 2025, amended, reported — Do Pass. February 13, 2025, read second time, amended, ordered engrossed. February 14, 2025, engrossed. February 17, 2025, read third time, passed. Yeas 86, nays 9. SENATE ACTION March 3, 2025, read first time and referred to Committee on Commerce and Technology. March 20, 2025, reported favorably — Do Pass. EH 1322—LS 6634/DI 119 March 21, 2025 First Regular Session of the 124th General Assembly (2025) PRINTING CODE. Amendments: Whenever an existing statute (or a section of the Indiana Constitution) is being amended, the text of the existing provision will appear in this style type, additions will appear in this style type, and deletions will appear in this style type. Additions: Whenever a new statutory provision is being enacted (or a new constitutional provision adopted), the text of the new provision will appear in this style type. Also, the word NEW will appear in that style type in the introductory clause of each SECTION that adds a new provision to the Indiana Code or the Indiana Constitution. Conflict reconciliation: Text in a statute in this style type or this style type reconciles conflicts between statutes enacted by the 2024 Regular Session of the General Assembly. ENGROSSED HOUSE BILL No. 1322 A BILL FOR AN ACT to amend the Indiana Code concerning state and local administration. Be it enacted by the General Assembly of the State of Indiana: 1 SECTION 1. IC 4-13-1-28 IS ADDED TO THE INDIANA CODE 2 AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 3 1, 2025]: Sec. 28. (a) As used in this section, "blockchain 4 technology" means distributed ledger technology that uses a 5 distributed, decentralized, shared, and replicated ledger that may 6 be public or private, permissioned or permissionless, and that may 7 include the use of electronic currencies or electronic tokens as a 8 medium of electronic exchange. 9 (b) As used in this section, "distributed ledger technology" 10 means: 11 (1) a data base that is consensually shared and synchronized 12 across multiple sites, institutions, or geographies allowing for 13 public witnesses to transactions; and 14 (2) supporting infrastructure for a data base described in 15 subdivision (1). 16 (c) Not later than March 1, 2026, the department may issue a 17 request for information in compliance with IC 5-23-4.5 for EH 1322—LS 6634/DI 119 2 1 purposes of exploring how the use of blockchain technology could 2 be used by a state agency to: 3 (1) achieve greater cost efficiency and cost effectiveness; and 4 (2) improve consumer: 5 (A) convenience; 6 (B) experience; 7 (C) data security; and 8 (D) data privacy. 9 If the department issues a request for information, the department 10 must comply with the requirements of this section. 11 (d) The request for information shall include participation from 12 the following state agencies: 13 (1) The office of the secretary of state. 14 (2) The office of the secretary of family and social services 15 (IC 12-8-1.5-1). 16 (3) The department of workforce development (IC 22-4.1-2-1). 17 (4) The department of child services (IC 31-25-1-1). 18 (5) The office of technology (IC 4-13.1-1-3). 19 (6) Any other state agency as determined by the office of 20 technology. 21 (e) The department shall set a deadline of not later than July 1, 22 2026, for submission of responses to the request for information. 23 (f) Subject to IC 5-23-4.5-3, the department shall prepare a 24 report that includes: 25 (1) information regarding the responses to the request for 26 information, including a copy of any portions of a response 27 that may be disclosed under IC 5-14-3; 28 (2) any recommendations by the department regarding the 29 request for information or the responses to the request for 30 information; and 31 (3) any other information that the department determines is 32 relevant to the request for information. 33 (g) Not later than October 1, 2026, the department shall submit 34 the report prepared under subsection (g) to the legislative council 35 in an electronic format under IC 5-14-6. 36 (h) This section expires December 31, 2026. EH 1322—LS 6634/DI 119 3 COMMITTEE REPORT Mr. Speaker: Your Committee on Government and Regulatory Reform, to which was referred House Bill 1322, has had the same under consideration and begs leave to report the same back to the House with the recommendation that said bill be amended as follows: Page 1, delete lines 1 through 17. Page 2, delete lines 1 through 36, begin an new paragraph and insert: "SECTION 1. IC 4-13-1-28 IS ADDED TO THE INDIANA CODE AS A NEW SECTION TO READ AS FOLLOWS [EFFECTIVE JULY 1, 2025]: Sec. 28. (a) As used in this section, "blockchain technology" means distributed ledger technology that uses a distributed, decentralized, shared, and replicated ledger that may be public or private, permissioned or permissionless, and that may include the use of electronic currencies or electronic tokens as a medium of electronic exchange. (b) As used in this section, "distributed ledger technology" means: (1) a data base that is consensually shared and synchronized across multiple sites, institutions, or geographies allowing for public witnesses to transactions; and (2) supporting infrastructure for a data base described in subdivision (1). (c) Not later than March 1, 2026, the department may issue a request for information in compliance with IC 5-23-4.5 for purposes of exploring how the use of blockchain technology could be used by a state agency to: (1) achieve greater cost efficiency and cost effectiveness; and (2) improve consumer: (A) convenience; (B) experience; (C) data security; and (D) data privacy. If the department issues a request for information, the department must comply with the requirements of this section. (d) The request for information shall include participation from the following state agencies: (1) The office of the secretary of state. (2) The office of the secretary of family and social services (IC 12-8-1.5-1). (3) The department of workforce development (IC 22-4.1-2-1). (4) The department of child services (IC 31-25-1-1). EH 1322—LS 6634/DI 119 4 (5) The office of technology (IC 4-13.1-1-3). (6) Any other state agency as determined by the office of technology. (e) The department shall set a deadline of not later than July 1, 2026, for submission of responses to the request for information. (f) Subject to IC 5-23-4.5-3, the department shall prepare a report that includes: (1) information regarding the responses to the request for information, including a copy of any portions of a response that may be disclosed under IC 5-14-3; (2) any recommendations by the department regarding the request for information or the responses to the request for information; and (3) any other information that the department determines is relevant to the request for information. (g) Not later than October 1, 2026, the department shall submit the report prepared under subsection (g) to the legislative council in an electronic format under IC 5-14-6. (h) This section expires December 31, 2026.". Page 3, delete lines 22 through 28. Page 4, delete lines 7 through 9, begin a new paragraph and insert: "(b) The treasurer of state may invest or reinvest funds that are held by the treasurer of state and available for investment in approved Bitcoin exchange traded funds.". Renumber all SECTIONS consecutively. and when so amended that said bill do pass. (Reference is to HB 1322 as introduced.) MILLER D Committee Vote: yeas 9, nays 3. _____ HOUSE MOTION Mr. Speaker: I move that House Bill 1322 be amended to read as follows: Page 2, delete lines 37 through 42. Delete pages 3 through 4. EH 1322—LS 6634/DI 119 5 (Reference is to HB 1322 as printed February 10, 2025.) DELANEY _____ COMMITTEE REPORT Mr. President: The Senate Committee on Commerce and Technology, to which was referred House Bill No. 1322, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill DO PASS. (Reference is to HB 1322 as reprinted February 14, 2025.) BUCHANAN, Chairperson Committee Vote: Yeas 9, Nays 0 EH 1322—LS 6634/DI 119