To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators. The main policy domain is Government Operations, Technology, Trade.
Who Benefits and How
federal agencies and legislative administrators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section HF2012A435646442BB4206F89355860D3: 1. Short title This Act may be cited as the Deploying American Blockchains Act of 2023.
- Section H737FA096AFB3460887C9EF2632983F13: 2. Definitions In this Act: The term blockchain technology or other distributed ledger technology means a distributed digital database where data is— shared...
- Section H76ADD49E7A64407CBDD3848609C5B1F6: 3. Department of Commerce leadership on blockchain The Secretary shall serve as the principal advisor to the President for policy pertaining to the deployment,...
- Section H0C28A4FBDEA543A4808C59771FF2C675: 4. Report to Congress Not later than 2 years after the date of the enactment of this Act, and annually thereafter, the Secretary shall make public on the...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill, To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Key Policy Areas
Government Operations, Technology, Trade
Primary Purpose
This bill, To direct the Secretary of Commerce to take actions necessary and appropriate to promote the competitiveness of the United States related to the deployment, use, application, and competitiveness of blockchain technology or other distributed ledger technology, and for other purposes., changes federal law or congressional policy affecting federal agencies and legislative administrators.
Policy Domains
Whole bill
Identified Gains
Contextual inference, no direct clause citation- federal agencies and legislative administrators
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- federal implementing agencies
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
ReportedReceived; read twice and referred to the Committee on Commerce, …
Additional sponsors: Mrs. Cammack and Mr. Soto
Reported with an amendment, committed to the Committee of the …
Mr. Bucshon (for himself and Ms. Blunt Rochester) introduced the …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "secretary_of_commerce"
- → Secretary of Commerce
Key Definitions
Terms defined in this bill
a distributed digital database where data is— shared across a network of computers to create a ledger of verified information among network participants
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology