S 4109 · 117th Congress · Science, Technology, Communications
National R & D Strategy for Distributed Ledger Technology Act of 2022
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.(2022-12-12)
Plain Language Summary
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National R & D Strategy for Distributed Ledger Technology Act of 2022 This bill provides for a national strategy and research and development regarding technologies related to distributed ledgers (e.g., blockchain or Bitcoin). A distributed ledger is a ledger that is shared across and synchronized between a set of distributed nodes (i.e., devices or processes) in a network that store a complete or partial replica of the ledger and meet other requirements. The Office of Science and Technology Policy must develop a national strategy for the research and development of distributed ledger technologies and their applications, with a particular focus on applications of public and permissionless distributed ledgers. The office must coordinate with the National Science and Technology Council and other relevant federal agencies, as appropriate, on the strategy. The national strategy shall include plans to support public and private sector investment and partnerships in research and technology development for societally beneficial applications of distributed ledger technologies, and an identification of additional resources, administrative action, or legislative action recommended to ass…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeS. 4109, National R&D Strategy for Distributed Ledger Technology Act of 2022
Oct 31, 2022As ordered reported by the Senate Committee on Commerce, Science, and Transportation on May 25, 2022
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (5)
2 Democrats3 Republicans