senate Bill S8343

Vetoed By Governor
2021-2022 Legislative Session

Establishes the New York state cryptocurrency and blockchain study task force

download bill text pdf

Sponsored By

Current Bill Status Via A9275 - Vetoed by Governor


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Vetoed by Governor

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Actions

view actions (14)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Nov 23, 2022 tabled
vetoed memo.60
Nov 22, 2022 delivered to governor
Jun 03, 2022 returned to assembly
passed senate
Jun 02, 2022 3rd reading cal.929
substituted for s8343
Jun 02, 2022 substituted by a9275
vote reconsidered - restored to third reading
passed senate
May 03, 2022 advanced to third reading
May 02, 2022 2nd report cal.
Apr 27, 2022 1st report cal.929
Feb 15, 2022 referred to banks

Votes

view votes

Apr 27, 2022 - Banks committee Vote

S8343
9
1
committee
9
Aye
1
Nay
1
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Banks committee vote details

Banks Committee Vote: Apr 27, 2022

nay (1)
aye wr (1)

Co-Sponsors

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S8343 (ACTIVE) - Details

See Assembly Version of this Bill:
A9275
Law Section:
Financial Services

S8343 (ACTIVE) - Summary

Establishes the New York state cryptocurrency and blockchain study task force to provide the governor and the legislature with information on the effects of the widespread use of cryptocurrencies and other forms of digital currencies and their ancillary systems, including but not limited to blockchain technology, in the state.

S8343 (ACTIVE) - Sponsor Memo

S8343 (ACTIVE) - Bill Text download pdf

 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8343
 
                             I N  S E N A T E
 
                             February 15, 2022
                                ___________
 
 Introduced  by  Sen. SANDERS -- read twice and ordered printed, and when
   printed to be committed to the Committee on Banks
 
 AN ACT in relation to establishing the New York state cryptocurrency and
   blockchain study task force; and providing  for  the  repeal  of  such
   provisions upon expiration thereof
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. Short title. This act shall be known and may  be  cited  as
 the "New York state cryptocurrency and blockchain study act".
   § 2. There is hereby established the New York state cryptocurrency and
 blockchain  study  task  force  (hereinafter  referred  to  as "the task
 force") to provide the governor and the legislature with information  on
 the effects of the widespread use of cryptocurrencies and other forms of
 digital currencies and their ancillary systems, including but not limit-
 ed to blockchain technology, in the state.
   § 3. 1. The task force shall consist of sixteen members as follows:
   a.  seven  members  appointed by the governor, which shall include the
 following five members:
   i. the superintendent of the department of financial services, or  his
 or her designee;
   ii.  the commissioner of the department of environmental conservation,
 or his or her designee;
   iii. a representative from the financial services industry;
   iv. a representative from a state or national  organization  promoting
 environmental conservation; and
   v.  a  representative who is a faculty member of an accredited college
 or university in New York state with experience in economic studies.
   b. the comptroller of the State of New York, or his or her designee.
   c. four members appointed by the temporary president  of  the  senate;
 and
   d. four members appointed by the speaker of the assembly.
   2.  To  the  extent  practicable,  members appointed to the task force
 shall have relevant experience  and  knowledge  concerning  the  digital
 currency, cryptocurrency and blockchain industries.

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.

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