Senate Bill No. [insert bill number] establishes the Montana Blockchain and Digital Innovation Task Force, which will be administered by the Department of Administration. The task force will consist of various members, including the Attorney General, the State Auditor, and a total of 14 appointed members from the Senate, House of Representatives, and the Governor's office. Notably, the number of appointed members has increased from five to seven for both the Senate and House appointments. The task force will focus on developing expertise in blockchain, financial technology, and digital innovation, and will be responsible for making policy recommendations to promote these technologies within the state.

The bill also outlines the appointment process, stating that members must be appointed within 30 days of the act's effective date, with terms lasting until December 31, 2026. Legislative members will receive compensation and travel expenses for their participation. The task force is required to report its findings and recommendations to the Economic Affairs Interim Committee and the Legislative Council by July 1, 2026. The act will take effect upon passage and approval, and the task force will terminate on December 31, 2026.