S.553: Blockchain Promotion Act of 2019

About This Bill

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Bill Summary

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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.553.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for S.553.

Bill Actions

Date Description
Dec. 17, 2019
Placed on Senate Legislative Calendar under General Orders. Calendar No. 373.
Dec. 17, 2019
Committee on Commerce, Science, and Transportation. Reported by Senator Wicker with amendments. With written report No. 116-177.
July 10, 2019
Committee on Commerce, Science, and Transportation. Ordered to be reported with amendments favorably.
Feb. 26, 2019
Read twice and referred to the Committee on Commerce, Science, and Transportation.
Feb. 26, 2019

Introduced in the Senate by Todd Young (R-Ind.)

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