This bill amends the existing legal framework regarding the select committee on blockchain, financial technology, and digital innovation technology in Wyoming. The committee's name is changed to the "select committee on blockchain and emerging technologies," reflecting a broader focus on emerging technologies. The bill outlines the committee's responsibilities, which include developing expertise in blockchain and emerging technologies, promoting Wyoming's leadership in the digital economy, and reducing barriers for technology companies. Additionally, it establishes that any legislation related to Title 13 of the Wyoming statutes must receive consent from the chairmen of the joint minerals, business, and economic development interim committee before being sponsored by the select committee.
The bill also makes conforming amendments to ensure consistency in terminology and responsibilities. It specifies that the governor will appoint liaisons to assist the committee and requires a comprehensive report to be provided to the committee before any issuance of fully reserved Wyoming stable tokens. The act is effective immediately upon completion of all necessary legislative processes.
Statutes affected: 26LSO-0009 v0.5: 28-11-701, 40-31-105