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Blockchain Promotion Act of 2019
11/1/2022, 4:47 PM
Congressional Summary of S 553
Blockchain Promotion Act of 2019
This bill directs the Department of Commerce to establish the Blockchain Working Group to submit a report to Congress which contains a recommended definition of the distributed ledger technology commonly referred to as blockchain technology, and other specified recommendations regarding this technology.
Members of the working group shall serve without receiving any pay.
Read the Full Bill
Current Status of Bill S 553
Bill S 553 is currently in the status of Bill Introduced since February 26, 2019. Bill S 553 was introduced during Congress 116 and was introduced to the Senate on February 26, 2019. Bill S 553's most recent activity was Placed on Senate Legislative Calendar under General Orders. Calendar No. 373. as of December 17, 2019
Bipartisan Support of Bill S 553
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
1Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 553
Primary Policy Focus
Science, Technology, CommunicationsPotential Impact Areas
- Advisory bodies
- Computers and information technology
- Congressional oversight
- Currency
- Digital media
- Intergovernmental relations
- Internet and video services
- Internet, web applications, social media
Alternate Title(s) of Bill S 553
Blockchain Promotion Act of 2019
Blockchain Promotion Act of 2019
Blockchain Promotion Act of 2019
A bill to direct the Secretary of Commerce to establish a working group to recommend to Congress a definition of blockchain technology, and for other purposes.
Comments
Sponsors and Cosponsors of S 553
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