Advancing Blockchain Act
Latest action · May 19, 2020 Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Space, and Technology, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMay 19, 2020
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Advancing Blockchain Act
This bill requires the Department of Commerce to study and report on the impact of blockchain technology on U.S. businesses conducting interstate commerce.
Such study shall involve, among other things, (1) listing industry sectors that develop and use blockchain technology and public-private partnerships focused on promoting the adoption and use of such technology, (2) establishing a list of federal agencies asserting jurisdiction over such industry sectors and entities, and (3) assessing risks and trends in the marketplace and supply chain of blockchain technology.
Commerce must report to Congress the results of such study and any recommendations to promote the adoption of blockchain technology.
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Jun 30, 2020 to Jul 21, 2020.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-TX | Bill Flores | Jun 30, 2020 | |
| R-PA | John Joyce | Jul 21, 2020 |
Committees 3
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Energy and Commerce Committee | Referred May 19, 2020 |
| House | Science, Space, and Technology Committee | Referred May 19, 2020 |
| House | Foreign Affairs Committee | Referred May 19, 2020 |
Actions 2
Everything that happened, newest first.
- May 19, 2020Introduced in House
- May 19, 2020Referred to the Committee on Energy and Commerce, and in addition to the Committees on Science, Space, and Technology, and Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 166, no. 94, May 19, 2020, page H2271.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R47064 | Blockchain: Novel Provenance Applications Archived | Report | Apr 12, 2022 |
Related bills 8
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 6919 | Advancing Quantum Computing Act | Related bill | May 19, 2020 |
| HR 6927 | Advancing New and Advanced Materials Act | Related bill | May 19, 2020 |
| HR 6928 | Advancing 3D Printing Act | Related bill | May 19, 2020 |
| HR 6929 | Advancing Facial Recognition Act | Related bill | May 19, 2020 |
| HR 6939 | Advancing IOT Manufacturing Act | Related bill | May 19, 2020 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To require the Secretary of Commerce and the Federal Trade Commission to conduct a study on blockchain technology, and for other purposes.
- Short Title(s) as Introduced
- Advancing Blockchain Act
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 1
Each version as it was printed, newest first.
- May 19, 2020Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
