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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 87(R)

House Bill 1576

House Author:  Parker et al.

Effective:  9-1-21

Senate Sponsor:  Paxton


            House Bill 1576 establishes a 16‑member work group to develop a master plan for the expansion of the blockchain industry in Texas and recommend policies and state investments in connection with blockchain technology. The work group, which is abolished on June 30, 2023, must submit a report that includes the master plan and any findings and applicable recommendations to each standing committee of the senate and house of representatives with primary jurisdiction over economic development or technology issues.