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2    AMENDMENT NO. ___. Amend House Joint Resolution 25 as
4by deleting everything and replacing it with the following:
5    "WHEREAS, The development of distributed databases and
6ledgers protected against revision by publicly-verifiable open
7source cryptographic algorithms, and protected from data loss
8by distributed records sharing, colloquially called
9"blockchain", has reached a point where the opportunities for
10efficiency, cost savings, and cybersecurity deserve
11legislative study; and
12    WHEREAS, Blockchain technology is a promising way to
13facilitate a transition to more efficient government service
14delivery models and economies of scale, including facilitating
15safe, paperless transactions, and permanent recordkeeping



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1immune to cyber-attacks, and data destruction; and
2    WHEREAS, Blockchain technology can reduce the prevalence
3of government's disparate, computer systems, databases, and
4custom-built software interfaces, reducing costs associated
5with maintenance and implementation and allowing more regions
6of the state to participate in electronic government services;
8    WHEREAS, Nations and municipalities across the world are
9studying and implementing government reforms that bolster
10trust and reduce bureaucracy through verifiable open source
11blockchain technology in a variety of use cases from medical
12records, land records, banking, and property auctions; and
13    WHEREAS, The State of Illinois, through the recently
14created Illinois Blockchain Initiative, has promoted a
15collaborative regulatory exchange with technology firms,
16software developers, and service providers, so that if
17regulation is needed, it will be the product of a collaborative
18and proactive approach, with the goal of encouraging economic
19development through innovation; therefore, be it
22is created the Illinois Legislative Blockchain and Distributed



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



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



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1compensation; and be it further
2    RESOLVED, That the Task Force may employ skilled experts
3with the approval of the Co-Chairpersons, and shall receive the
4cooperation of any State agencies it deems appropriate to
5assist the Task Force in carrying out its duties; and be it
7    RESOLVED, That the members of the Task Force shall be
8considered members with voting rights; a quorum of the Task
9Force shall consist of a majority of the members; and be it
11    RESOLVED, That the Task Force shall meet initially at the
12call of the Co-Chairpersons, no later than 90 days after the
13adoption of this resolution, and shall thereafter meet at the
14call of the Co-Chairpersons; and be it further
15    RESOLVED, That the Illinois Department of Innovation and
16Technology shall provide administrative and other support to
17the Task Force; and be it further
18    RESOLVED, That the Task Force shall research, analyze, and
20        (1) Opportunities and risks associated with using



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1    blockchain and distributed ledger technology;
2        (2) Different types of blockchains, both public and
3    private, and different consensus algorithms;
4        (3) Projects and use cases currently under development
5    in other states and nations, and how those cases could be
6    applied in Illinois;
7        (4) How current State laws can be modified to support
8    secure, paperless recordkeeping;
9        (5) The State Public Key Infrastructure and digital
10    signatures; and
11        (6) Official reports and recommendations from the
12    Illinois Blockchain Initiative; and be it further
13    RESOLVED, That the Task Force shall present its findings
14and recommendations to the General Assembly in a report on or
15before January 1, 2018."