Senate Concurrent Resolution No. by Senator Owen establishes the Digital Asset Investment Task Force in Louisiana. This task force is tasked with studying the potential risks and benefits associated with the public retirement systems in Louisiana investing in digital assets, such as cryptocurrencies and exchange-traded funds (ETFs). The task force is required to report its findings by February 1, 2025, and is encouraged to monitor developments in Bitcoin ETFs and consult with firms that have received SEC approval for digital asset ETFs.

The task force will consist of twelve members, including representatives from the Louisiana House and Senate, the governor's office, the state treasurer, and individuals with expertise in digital assets and investment strategies. The task force is expected to meet at least three times before the end of 2024 and will seek input from various stakeholders, including investment advisors and public retirement system members. The findings and recommendations will be reported to several legislative committees and made publicly available by the deadline. The task force will be supported by the Louisiana State Employees' Retirement System (LASERS) and will terminate upon submission of its report or by February 1, 2025, whichever comes first.