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National R & D Strategy for Distributed Ledger Technology Act of 2022

USA117th CongressS-4109| Senate 
| Updated: 12/12/2022
Roger F. Wicker

Roger F. Wicker

Republican Senator

Mississippi

Cosponsors (5)
Bill Cassidy (Republican)Cynthia M. Lummis (Republican)Marsha Blackburn (Republican)Raphael G. Warnock (Democratic)Gary C. Peters (Democratic)

Commerce, Science, and Transportation Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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, including 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 assist with the implementation of such strategy. The National Science Foundation shall make competitive awards to institutions of higher education or nonprofit organizations (or their consortia) to support research, including interdisciplinary research, on distributed ledger technologies and their applications. The National Institute of Standards and Technology may carry out an applied research project to study and demonstrate the potential benefits and unique capabilities of distributed ledger technologies.

Bill Text Versions

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2 versions available

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Timeline
Apr 28, 2022
Introduced in Senate
Apr 28, 2022
Read twice and referred to the Committee on Commerce, Science, and Transportation.
May 25, 2022
Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jun 14, 2022

Latest Companion Bill Action

HR 117-8065
Introduced in House
Dec 12, 2022
Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report.
Dec 12, 2022
Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.
  • April 28, 2022
    Introduced in Senate


  • April 28, 2022
    Read twice and referred to the Committee on Commerce, Science, and Transportation.


  • May 25, 2022
    Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.


  • June 14, 2022

    Latest Companion Bill Action

    HR 117-8065
    Introduced in House


  • December 12, 2022
    Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report.


  • December 12, 2022
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.

Science, Technology, Communications

Related Bills

  • HR 117-8065: National R & D Strategy for Distributed Ledger Technology Act of 2022
Advanced technology and technological innovationsBank accounts, deposits, capitalComputers and information technologyCurrencyDigital mediaPublic-private cooperationResearch administration and fundingResearch and development

National R & D Strategy for Distributed Ledger Technology Act of 2022

USA117th CongressS-4109| Senate 
| Updated: 12/12/2022
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, including 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 assist with the implementation of such strategy. The National Science Foundation shall make competitive awards to institutions of higher education or nonprofit organizations (or their consortia) to support research, including interdisciplinary research, on distributed ledger technologies and their applications. The National Institute of Standards and Technology may carry out an applied research project to study and demonstrate the potential benefits and unique capabilities of distributed ledger technologies.

Bill Text Versions

View Text
2 versions available

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Apr 28, 2022
Introduced in Senate
Apr 28, 2022
Read twice and referred to the Committee on Commerce, Science, and Transportation.
May 25, 2022
Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jun 14, 2022

Latest Companion Bill Action

HR 117-8065
Introduced in House
Dec 12, 2022
Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report.
Dec 12, 2022
Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.
  • April 28, 2022
    Introduced in Senate


  • April 28, 2022
    Read twice and referred to the Committee on Commerce, Science, and Transportation.


  • May 25, 2022
    Committee on Commerce, Science, and Transportation. Ordered to be reported with an amendment in the nature of a substitute favorably.


  • June 14, 2022

    Latest Companion Bill Action

    HR 117-8065
    Introduced in House


  • December 12, 2022
    Committee on Commerce, Science, and Transportation. Reported by Senator Cantwell with an amendment in the nature of a substitute. Without written report.


  • December 12, 2022
    Placed on Senate Legislative Calendar under General Orders. Calendar No. 630.
Roger F. Wicker

Roger F. Wicker

Republican Senator

Mississippi

Cosponsors (5)
Bill Cassidy (Republican)Cynthia M. Lummis (Republican)Marsha Blackburn (Republican)Raphael G. Warnock (Democratic)Gary C. Peters (Democratic)

Commerce, Science, and Transportation Committee

Science, Technology, Communications

Related Bills

  • HR 117-8065: National R & D Strategy for Distributed Ledger Technology Act of 2022
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Advanced technology and technological innovationsBank accounts, deposits, capitalComputers and information technologyCurrencyDigital mediaPublic-private cooperationResearch administration and fundingResearch and development