S4728

The New York State Senate voted 56-0 on a motion to reconsider S4728, a bill establishing the New York State Cryptocurrency and Blockchain Study Task Force, sponsored by Sen. Sanders. The reconsideration motion, offered by Sen. Serrano, resulted in the bill being restored to its place on the Third Reading Calendar. The transcript does not provide details on the substantive provisions of the bill or the rationale for the reconsideration motion. The bill will remain available for further action on the calendar.

The New York State Senate passed legislation establishing a Cryptocurrency and Blockchain Study Task Force on a roll call vote of 60-0. Senate Print 4728, sponsored by Sen. Sanders, was advanced to a vote without floor debate. The measure, which takes effect immediately, creates a task force to study cryptocurrency and blockchain technology in New York State. The bill's passage reflects bipartisan support for examining the emerging technology sector.