SFASCR68 4564 3771 SENATE FLOOR AMENDMENTS Regular Session ENROLLEDAmendmentsproposedbySenatorFesitoOriginalSenateConcurrentResolutionNo.68by SENATESenator CONCURRENTFesi RESOLUTIONAMENDMENT NO.

681 BYOn SENATORpage FESI2, ANDline REPRESENTATIVES7, CARRIER,change DESHOTEL,"February GALLE,1, DANAHENRY,LARVADAIN,MARCELLE,MENA,WRIGHTAND2027" WYBLE A CONCURRENT RESOLUTION To create the Task Force on Blockchain and Digital Innovation to study"May the1, use,2027" development,AMENDMENT regulation,NO. economic impact, and potential risks and benefits of blockchain technology.

WHEREAS,2 blockchainOn technologypage was3, firstbetween outlinedlines by8 researchersand Stuart9, Haberinsert andW.Scottthe Stronettainfollowing: 1991, whowantedtocreateasystem wheredocumenttimestamps could not be manipulated;

and"(9) WHEREAS,blockchaintechnology,whichisprimarilyusedtostorecryptocurrencyThe transactionsecretaryof history,state, worksor byher storingdesignee." informationAMENDMENT inNO. groups called blocks and completed blocks are chained to previouslyfilled blocks to form an irreversible timeline of data;

and3 WHEREAS,On somepage proposed3, usesline of27, blockchainchange are"February to1, record2027" transactions,to election"May votes,1, product2027" inventories,Page state1 identifications,of and1 deeds to homes;

and WHEREAS, blockchain technology is a rapidly developing technology that increasingly affects commerce, financial services, government operations, and economic development;

and WHEREAS, establishing the Task Force on Blockchain and Digital Innovation to examine opportunities related to blockchain and digital innovation will help identify how to attract and retain businesses engaged in digital assets and related technologies, while developing appropriate consumer protections and regulatory clarity.

THEREFORE, BE IT RESOLVED that the Legislature of Louisiana does hereby establish and provide for the Task Force on Blockchain and Digital Innovation to study the use, development, regulation, economic impact, and potential risks and benefits of blockchain technology, and to propose recommendations, together with specific proposals for legislation, by written report to the legislature and to the David R.

Poynter Legislative Research Library as required by R.S.

24:771 and 772, no later than May 1, 2027.

BE IT FURTHER RESOLVED that the task force should include consideration of the following:

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68 ENROLLED (1) Review of current and potential impacts of blockchain technology and digital assets on the state's economy and business environment.

(2)Evaluateopportunitiestoattractandretainblockchainanddigitalassetbusinesses in this state.

(3)Studyapplicationsofblockchaintechnologybeyondcorporaterecords,including potential uses in government operations and services.

(4) Review and analyze regulatory approaches adopted in other states and jurisdictions and their competitive implications for the state.

(5) Examine appropriate regulatory frameworks that balance innovation with consumer and market participant protections.

(6) Examine the appropriate risks, including privacyrisks, and the benefits of using blockchain technology and cryptocurrency in state and local government and in private businesses in this state.

(7) Assess the impact of the cryptocurrency industry in the state.

(8) Solicit input from industry participants, consumer advocates, academic experts, and other stakeholders.

BE IT FURTHER RESOLVED that the task force shall consist of the following members:

(1) Two members of the Senate appointed bythe president of the Senate.

(2) Two members of the House of Representatives appointed by the speaker of the House of Representatives.

(3) The commissioner of the office of financial initiations, or his designee.

(4) The attorney general, or her designee.

(5) The state treasurer, or his designee.

(6) The secretaryof the Louisiana Workforce Commission, or her designee.

(7) Three members from either the blockchain, cryptocurrency, digital assets, or financial technology industry appointed by the president of the Senate.

(8) Three members from the blockchain, cryptocurrency, digital assets, or financial technology industry appointed by the speaker of the House of Representatives.

(9) The secretaryof state, or her designee.

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68 ENROLLED BE IT FURTHER RESOLVED that each designating authority shall submit the names of designees to the task force to the chair of the Senate Committee on Commerce, Consumer Protection and International Affairs and the House Committee on Commerce no later than September 1, 2026.

BE IT FURTHER RESOLVED the task force shall convene for its first meeting no later than October 1, 2026, at the call of chair of the Senate Committee on Commerce, Consumer Protection and International Affairs and at the first meeting, the members shall elect a chairman and anyother officer the task force maydeem appropriate.

BE IT FURTHER RESOLVED that a majority of the task force shall constitute a quorumforthetransactionof business.

All official actionsofthetaskforceshall requirethe affirmative vote of a majorityof the members.

BE IT FURTHER RESOLVED that the members of the task force shall serve without compensation, except per diem or expenses reimbursement to which they may be individually entitled as members of their constituent organizations.

BEITFURTHERRESOLVEDthatthestaffoftheSenateCommitteeonCommerce, ConsumerProtectionandInternationalAffairsandtheHouseCommitteeonCommerceshall provide support to the task force.

BE IT FURTHER RESOLVED that the task force shall terminate on the date of the submission of its report or May 1, 2027, whichever occurs first.

BE IT FURTHER RESOLVED that a copy of this Resolution be transmitted to the commissioner of the officeof financial institutions, the attorneygeneral, the state treasurer, and the secretaryof the Louisiana Workforce Commission.

PRESIDENT OF THE SENATE SPEAKER OF THE HOUSE OF REPRESENTATIVES Page 3 of 3