This bill amends the existing legal framework regarding the select committee on blockchain, financial technology, and digital innovation technology in Wyoming, renaming it to the select committee on blockchain and emerging technologies. The bill updates the committee's duties to focus on developing knowledge and expertise in blockchain and emerging technologies, while also promoting Wyoming's leadership in the digital economy. Key responsibilities include reducing barriers for technology companies, encouraging their establishment in the state, and fostering digital commercial activity.
Additionally, the bill introduces a new requirement 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. If consent is not granted, the select committee can still recommend the legislation for consideration by the joint committee. The bill is effective immediately upon completion of the necessary legislative processes.
Statutes affected: 26LSO-0009 v0.5: 28-11-701, 40-31-105