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2    AMENDMENT NO. ___. Amend House Resolution 120 as follows:
3by deleting everything and replacing it with the following:
4    "WHEREAS, The development of distributed databases and
5ledgers protected against revision by publicly-verifiable open
6source cryptographic algorithms, and protected from data loss
7by distributed records sharing, colloquially called
8"blockchain", has reached a point where the opportunities for
9efficiency, cost savings, and cybersecurity deserve
10legislative study; and
11    WHEREAS, Blockchain technology is a promising way to
12facilitate a transition to more efficient government service
13delivery models and economies of scale, including facilitating
14safe, paperless transactions, and permanent recordkeeping
15immune to cyber-attacks, and data destruction; and



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1    WHEREAS, Blockchain technology can reduce the prevalence
2of government's disparate, computer systems, databases, and
3custom-built software interfaces, reducing costs associated
4with maintenance and implementation and allowing more regions
5of the state to participate in electronic government services;
7    WHEREAS, Nations and municipalities across the world are
8studying and implementing government reforms that bolster
9trust and reduce bureaucracy through verifiable open source
10blockchain technology in a variety of use cases from medical
11records, land records, banking, and property auctions; and
12    WHEREAS, The State of Illinois, through the recently
13created Illinois Blockchain Initiative, has promoted a
14collaborative regulatory exchange with technology firms,
15software developers, and service providers, so that if
16regulation is needed, it will be the product of a collaborative
17and proactive approach, with the goal of encouraging economic
18development through innovation; therefore, be it
21is created the Illinois Legislative Blockchain and Distributed
22Ledger Task Force to study how and if State, county, and



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1municipal governments can benefit from a transition to a
2blockchain based system for recordkeeping and service
3delivery; and be it further
4    RESOLVED, That the Task Force will consist of the following
6        (1) two members appointed by the Speaker of the House
7    of Representatives, one who shall be designated as
8    Co-Chairperson;
9        (2) two members appointed by the House Minority Leader;
10        (3) two members appointed by the President of the
11    Senate, one who shall be designated as Co-Chairperson;
12        (4) two members appointed by the Senate Minority
13    Leader;
14        (5) one member appointed by the Cook County Recorder of
15    Deeds;
16        (6) one member appointed by the Cook County Clerk;
17        (7) one member appointed by the state Division of
18    Banking;



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1        (8) one member appointed by the Secretary of State;
2        (9) one member appointed by the Illinois Department of
3    Commerce and Economic Opportunity;
4        (10) two members appointed by the Illinois Department
5    of Innovation and Technology;
6        (11) one member appointed by the Illinois Department of
7    Insurance; and
8        (12) one member appointed by the Illinois Department
9    Financial and Professional Regulation; and be it further
10    RESOLVED, That all appointments shall be confirmed by both
11Co-Chairpersons; and be it further
12    RESOLVED, That all appointments to the Task Force shall be
13made within 60 days after the adoption of this resolution;
14vacancies in the Task Force shall be filled by their respective
15appointing authorities within 30 days after the vacancy occurs;
16and be it further
17    RESOLVED, That the Task Force members shall serve without
18compensation; and be it further



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1    RESOLVED, That the Task Force may employ skilled experts
2with the approval of the Co-Chairpersons, and shall receive the
3cooperation of any State agencies it deems appropriate to
4assist the Task Force in carrying out its duties; and be it
6    RESOLVED, That the members of the Task Force shall be
7considered members with voting rights; a quorum of the Task
8Force shall consist of a majority of the members; and be it
10    RESOLVED, That the Task Force shall meet initially at the
11call of the Co-Chairpersons, no later than 90 days after the
12adoption of this resolution, and shall thereafter meet at the
13call of the Co-Chairpersons; and be it further
14    RESOLVED, That the Illinois Department of Innovation and
15Technology shall provide administrative and other support to
16the Task Force; and be it further
17    RESOLVED, That the Task Force shall research, analyze, and
19        (1) Opportunities and risks associated with using
20    blockchain and distributed ledger technology;



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1        (2) Different types of blockchains, both public and
2    private, and different consensus algorithms;
3        (3) Projects and use cases currently under development
4    in other states and nations, and how those cases could be
5    applied in Illinois;
6        (4) How current State laws can be modified to support
7    secure, paperless recordkeeping;
8        (5) The State Public Key Infrastructure and digital
9    signatures; and
10        (6) Official reports and recommendations from the
11    Illinois Blockchain Initiative; and be it further
12    RESOLVED, That the Task Force shall present its findings
13and recommendations to the General Assembly in a report on or
14before January 1, 2018."