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Bill Summary · SB 330

Summary of SB 330: Montana Blockchain and Digital Innovation Task Force

Purpose and Intent

SB 330 aims to establish a Montana Blockchain and Digital Innovation Task Force. The primary goal of this task force is to explore and promote the use of blockchain technology and digital innovations within the state. This initiative is intended to enhance the state's technological landscape, improve government efficiency, and foster economic growth through the adoption of emerging technologies.

Key Provisions

  • Creation of the Task Force: The bill establishes a task force composed of members from various sectors, including government, industry, and academia, to provide guidance and recommendations on blockchain and digital innovation.

  • Objectives: The task force will focus on:

    • Identifying opportunities for blockchain applications in state government operations.
    • Evaluating the potential economic benefits of blockchain technology for Montana.
    • Recommending policies to support the growth of blockchain and digital innovation sectors.

  • Reporting Requirements: The task force is required to submit periodic reports to the legislature detailing its findings, recommendations, and progress towards its objectives.

Affected Parties

  • State Government: The task force will directly involve state agencies and officials who will benefit from improved operational efficiencies through blockchain technology.
  • Businesses and Entrepreneurs: Local businesses, particularly those in technology and innovation sectors, may gain opportunities for growth and investment as a result of the task force's initiatives.
  • Academia: Educational institutions may engage in research and development related to blockchain technology, fostering collaboration between academia and industry.

Procedural Timeline

  • Introduced: December 10, 2024
  • Legislative Actions:
    • April 5, 2025: Signed by the Governor.
    • April 21, 2025: Signed by the Senate President.
    • April 25, 2025: Signed by the House Speaker.
    • May 8, 2025: Chapter number assigned, indicating the bill has become law.

Conclusion

SB 330 represents a significant step towards integrating blockchain technology into Montana's governmental and economic framework. By establishing a dedicated task force, the state aims to harness the potential of digital innovation to improve services and stimulate economic growth. The ongoing work of the task force will be crucial in shaping Montana's future in the digital landscape.

Compiled from official sources — confirm details with the bill’s official record.

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