The resolution proposes the establishment of a special legislative study commission in Rhode Island to study blockchain technology and cryptocurrency. This commission will consist of ten members, including state senators and representatives from the Rhode Island Secretary of Commerce and the General Treasurer, as well as public members with expertise in relevant fields. The commission's primary purpose is to recommend legislative proposals that encourage a positive economic environment and appropriate consumer protections for blockchain and cryptocurrency in the state.

The commission is tasked with submitting an interim progress report and recommendations to the Secretary of Commerce, the General Treasurer, and the General Assembly no later than January 5, 2027, and a final report by January 5, 2028. The commission will meet at least four times a year and will operate under the guidance of a chairperson. All reports generated by the commission will be made publicly accessible. The commission is set to expire on February 5, 2028, after fulfilling its mandate.