Limited Time Offer. Become a Founder Member Now!

Montana committee approves SB 330 establishing blockchain innovation task force

March 21, 2025 | 2025 Legislature MT, Montana


This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

Montana committee approves SB 330 establishing blockchain innovation task force
Senate Bill 330, aimed at establishing the Montana Blockchain and Digital Innovation Task Force, sparked significant discussion during the House Energy, Technology, and Federal Relations Committee meeting on March 21, 2025. The bill, introduced by Senator Lammers, seeks to create a dedicated task force to explore blockchain technology and its implications for the state.

A key highlight of the meeting was the approval of an amendment to enhance legislative participation within the task force. The amendment, which passed with 13 votes in favor and 2 against, ensures that the task force will include a balanced representation from both the House and Senate, with appointments made by the Speaker and the Minority Leader. This change was welcomed by committee members who expressed concerns about maintaining a fair representation of interests.

Vice Chair Quorum voiced appreciation for the amendment, emphasizing the importance of balance in the task force's composition. However, some members raised concerns about potential conflicts of interest, particularly regarding industry representatives who may influence regulatory recommendations.

The committee also discussed the operational structure of the task force, clarifying that it would function similarly to an interim committee, reporting findings to the Economic Affairs Interim Committee. This structure allows for focused discussions on blockchain without overwhelming existing committees.

As the meeting concluded, the committee moved to advance the bill, now amended, to the floor for further consideration. The anticipated outcomes include a more informed approach to blockchain technology in Montana, with the task force set to provide recommendations that could shape future legislation.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting

Sponsors

Proudly supported by sponsors who keep Montana articles free in 2025

Scribe from Workplace AI
Scribe from Workplace AI