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Bill > HR0120


IL HR0120

IL HR0120
BLOCKCHAIN TASK FORCE


summary

Introduced
02/08/2017
In Committee
09/28/2017
Crossed Over
Passed
Dead
01/08/2019

Introduced Session

Potential new amendment
100th General Assembly

Bill Summary

Creates the Illinois Legislative Blockchain and Distributed Ledger Task Force to study how and if the State of Illinois, county governments, and municipal governments can benefit from a transition to a blockchain based system for recordkeeping and service delivery.

AI Summary

This Resolution establishes the Illinois Legislative Blockchain and Distributed Ledger Task Force to explore how state, county, and municipal governments in Illinois can benefit from adopting blockchain technology, which refers to a secure, decentralized system for recording transactions and data that is resistant to tampering and data loss. The task force will be comprised of members appointed by legislative leaders and state agencies, will operate without compensation, and will receive support from legislative staff and potentially hired experts. Its duties include researching the opportunities and risks of blockchain, examining different types of blockchain systems, studying existing applications in other regions, considering legal modifications for paperless recordkeeping, and reviewing digital signature infrastructure and reports from the Illinois Blockchain Initiative. The task force is mandated to present its findings and recommendations to the General Assembly by January 1, 2018.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Session Sine Die (on 01/08/2019)

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