This bill establishes a commission in New Hampshire tasked with studying the creation of a regulatory framework for stable tokens and tokenized real-world assets (RWAs). The commission will examine various aspects, including the current regulatory landscape, legal and technological considerations, best practices from other jurisdictions, potential benefits and risks, consumer protection mechanisms, and economic opportunities related to blockchain technology. The commission will consist of members from the House of Representatives, the Senate, the banking department, the blockchain technology industry, the New Hampshire banking industry, and the academic community, all appointed by various state officials.

Additionally, the bill includes a provision for the repeal of RSA 383:26 and its subdivision heading, which pertains to the commission's framework, effective November 1, 2025. The commission is required to report its findings and recommendations for proposed legislation by this date. The first meeting of the commission must occur within 30 days of the bill's passage, and a quorum will consist of five members. Legislative members will receive mileage reimbursement for their attendance at commission duties.

Statutes affected:
Introduced: 383:26