SB 330: Create a Montana blockchain and digital innovation task force - Montana

SB0330_3(10).pdf → SB0330_X.pdf · 6 edits

MODERATE

This bill was amended to update the task force membership structure, changing the number of Senate and House appointees from five to seven each, and adding new member categories including a broker-dealer representative and financial service institution representative. The bill also expanded the governor's appointees from two to three additional members and adjusted the co-chair selection process to include both Senate and House leaders. These changes broaden representation and expertise in the task force composition.

Scope change

The task force membership requirements were expanded to include additional appointees with specific industry experience and regulatory oversight roles, broadening the scope of expertise and representation within the task force.

ELIGIBILITY

Senate appointees increased from five to seven members, with one member from the Senate minority leader's office.

House appointees increased from five to seven members, with one member from the House minority leader's office.

Added a broker-dealer regulated under Title 30, chapter 10 as a required member category for House appointees.

Added a financial service institution regulated under Title 32, chapter 1 as a required member category for Governor appointees.

REQUIREMENT

Governor's appointees increased from two to three additional members beyond the experience-based categories.

Co-chair selection process now requires both Senate president and House speaker to select one legislator each from their respective party appointees.

SB0330_2(13).pdf → SB0330_3.pdf · 4 edits

MODERATE

The bill was renumbered from SB 330.2 to SB 330.3 and underwent significant restructuring of the task force membership composition. The changes reorganized how members are appointed by the Senate and House, adding specific minority leader representation requirements and adjusting the total number of members from five to seven in certain categories. These modifications aim to improve legislative oversight and ensure broader representation in the task force's decision-making process.

Scope change

The bill's scope remains focused on establishing a task force for blockchain, cryptocurrency, and digital innovation technology, but the composition and appointment procedures of the task force were substantially modified to include minority leader appointments and adjusted member counts.

ELIGIBILITY

Task force membership composition changed from five to seven members in Senate and House appointee categories, with specific requirements for minority leader representation.

REQUIREMENT

Added explicit requirement that one member each from the Senate and House must be appointed by the minority leader of their respective chambers.

Co-chairperson appointment procedure was clarified to specify that the Senate President and House Speaker each select one legislator from their respective chambers to serve as co-chairs.

TIMELINE

Bill renumbered from SB 330.2 to SB 330.3, indicating a revision or amendment to the original version.

SB0330_1(5).pdf → SB0330_2.pdf · 3 edits

MINOR

The bill was renumbered from SB 330.1 to SB0330.2 and updated with 2025 legislature formatting. The most significant change is the addition of compensation provisions for legislative members serving on the blockchain task force, allowing them to receive reimbursement for salary and travel expenses instead of prohibiting it. The task force duties and reporting requirements remain unchanged.

Scope change

The bill's scope remains focused on creating a blockchain task force, but the eligibility for compensation was expanded to include legislative panel members

FISCAL

Changed reimbursement rules for task force members from prohibited to allowed for legislative members

TECHNICAL

Updated bill number from SB 330.1 to SB0330.2

Updated legislature year formatting from 69th Legislature 2025 to 2025

LC2665.pdf → SB0330_1.pdf · 5 edits

MODERATE

The bill was renumbered from LC 2665 to SB 330 and reorganized to create a Montana Blockchain and Digital Innovation Task Force. The task force membership structure was expanded to include 23 members total, with appointments from the Senate, House, Governor, and industry representatives. The bill establishes the task force's duties to develop expertise, make policy recommendations, and report findings by July 1, 2026, with the task force terminating on December 31, 2026.

Scope change

The bill's scope expanded to include digital innovation technology alongside blockchain, cryptocurrency, and financial technology, broadening the task force's focus beyond just blockchain and crypto to include broader digital innovation.

SCOPE

Task force scope expanded to include digital innovation technology as a fourth area of focus alongside blockchain, cryptocurrency, and financial technology

REQUIREMENT

Task force membership structure reorganized with five Senate appointees, five House appointees, and five Governor appointees, plus industry representatives

Task force required to report findings and recommendations to the economic affairs interim committee and legislative council by July 1, 2026

TIMELINE

Task force members must be appointed within 30 days of the effective date and serve until December 31, 2026

ENFORCEMENT

Task force members cannot receive reimbursement for salary or expenses, and must serve as cochairpersons if appointed from legislative chambers

Create a Montana blockchain and digital innovation task force

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