MaryLand Blockchain Association

Maryland Legislation Resources

Access comprehensive information about Maryland's legislative process, bills, and legal resources.

H 454

Digital Asset and Blockchain Technology Task Force

Failed - Adjourned

Bill Summary

Establishes the Digital Asset and Blockchain Technology Task Force to study and make recommendations regarding the use and regulation of blockchain technology and cryptocurrency in the state; requires the task force to report its findings and recommendations on or before a specified date.

H 761

Uniform Disposition of Abandoned Property Act

To governor

Bill Summary

Makes certain virtual currency subject to the abandoned property laws in the state; establishes provisions to determine certain information about certain apparent owners of abandoned property; provides that a certain operation does not prevent certain insurance policies from maturing or terminating; relates to pension account or retirement account that qualifies for tax deferral under the income tax.

H 900

Electric Company Data Centers

Failed - Adjourned

Bill Summary

Requires each electric company in the state to submit to the Public Service Commission for approval a specific rate schedule for certain data center customers with certain required provisions, including minimum durations, financial responsibilities and fees.

H 1389

Strategic Bitcoin Reserve Act

Failed - Adjourned

Bill Summary

Establishes the state Bitcoin Reserve Fund to serve as a reserve asset for the state through the investment of Bitcoin; authorizes the state treasurer to invest the funds obtained by the state through the enforcement of certain gambling violations in Bitcoin.

S 305

Virtual Currency Kiosk Operator

Enacted

Bill Summary

Establishes registration and operating requirements for a virtual currency kiosk operator to operate a virtual currency kiosk in the state; authorizes the commissioner of financial regulation to investigate and enforce this act in a certain manner; authorizes the commissioner to assess and recover certain penalties for a knowing and willful violation of this act.

S 665

Uniform Disposition of Abandoned Property Act

To governor

Bill Summary

Makes certain virtual currency subject to the abandoned property laws in the state; establishes provisions to determine certain information about certain apparent owners of abandoned property; provides that a certain operation does not prevent certain insurance policies from maturing or terminating; alters and establishes certain provisions pertaining to the presumption of abandonment for certain types of property; alters the dollar value at which the comptroller is required to publish certain notice.

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