The bill 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 21 appointed members from the Senate, House of Representatives, and the Governor's office, with specific qualifications in blockchain, cryptocurrency, financial technology, and digital innovation. The task force is tasked with developing expertise in these areas and making policy recommendations to promote the adoption and regulation of blockchain and related technologies in Montana. Members will serve until December 31, 2026, and legislative members will receive compensation for their service.

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 bill also includes provisions for the appointment of co-chairpersons from the Senate and House, stipulates that a majority constitutes a quorum, and outlines the process for filling vacancies. The act will take effect immediately upon passage and will terminate on December 31, 2026.