,,ib ,union ,cal5d> ,no4 #dag #aah? ,,congress #b;d ,session ,h4 ,r4 #fegb ,report ,no4 #aah-eja ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,decemb] #d1 #bjbc,mr4 ,buc%on 7= himself & ,ms4 ,blunt ,ro*e/]7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,en]gy & ,comm]ce ,may #aj1 #bjbd;,additional sponsors3 ,mrs4 ,cammack & ,mr4 ,soto ,may #aj1 #bjbd,report$ ) an am5dm5t1 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union1 & ord]$ to be printed,strike out all aft] ! enact+ clause & ins]t ! "p pr9t$ 9 italic,for text ( introduc$ bill1 see copy ( bill z introduc$ on ,decemb] #d1 #bjbc ,a ,,bill ,to direct ! ,secret>y ( ,comm]ce to take actions necess>y & appropriate to promote ! competitiv5ess ( ! ,unit$ ,/ates relat$ to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,deploy+ ,am]ican ,block*a9s ,act ( #bjbc4 #b4 ,def9itions ,9 ?is ,act3 7#a7 ,block*a9 te*nology or o!r di/ribut$ l$g] te*nology ,! t]m block*a9 te*nology or o!r di/ribut$ l$g] te*nology means a di/ribut$ digital database :]e data is-- 7,a7 %>$ across a network ( comput]s to create a l$g] ( v]ifi$ in=mation among network p>ticipants2 7,b7 l9k$ us+ cryptography to ma9ta9 ! integrity ( ! l$g] & to execute o!r functions2 & 7,c7 di/ribut$ among network p>ticipants 9 an automat$ fa%ion to concurr5tly update network p>ticipants on ! /ate ( ! l$g] & o!r functions4 7#b7 ,cov]$ nongov]nm5tal repres5tatives ,! t]m cov]$ nongov]nm5tal repres5tatives means repres5tatives z specifi$ 9 ! second s5t5ce ( section #ace7;b77#a7 ( ! ,trade ,act ( #aigd 7#ai ,u4,s4,c4 #baee7;b77#a771 except t su* t]m does n include repres5tatives ( non-,f$]al gov]nm5ts4 7#c7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,comm]ce4 7#d7 ,/ate ,! t]m ,/ate means ea* ( ! sev]al ,/ates1 ! ,di/rict ( ,columbia1 ea* commonweal?1 t]ritory1 or possession ( ! ,unit$ ,/ates1 & ea* f$]ally recogniz$ ,indian ,tribe4 7#e7 ,tok5 ,! t]m tok5 means a transf]able1 digital repres5tation ( in=mation record$ on block*a9 te*nology or o!r di/ribut$ l$g] te*nology4 7#f7 ,tok5ization ,! t]m tok5ization means ! process ( creat+ a tok54 #c4 ,dep>tm5t ( ,comm]ce lead]%ip on block*a9 7a7 ,function ( ,secret>y ,! ,secret>y %all s]ve z ! pr9cipal advisor to ! ,presid5t = policy p]ta9+ to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization4 7b7 ,activities ,! ,secret>y %all take actions necess>y & appropriate to support ! lead]%ip ( ! ,unit$ ,/ates ) respect to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ by-- 7#a7 develop+ policies & recomm5dations on issues & risks relat$ to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ ! issues ( dec5traliz$ id5tity1 cyb]security1 key /orage & security sy/ems1 artificial intellig5ce1 fraud r$uction1 regulatory compliance1 e-comm]ce1 heal? c>e applications1 & supply *a9 resili5cy2 7#b7 support+ & promot+ ! /ability1 ma9t5ance1 improvem5t1 & security ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#c7 help+ to promote ! lead]%ip ( ! ,unit$ ,/ates ) respect to ! deploym5t1 use1 application1 & competitiv5ess ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization ?r\gh ! e/abli%m5t ( a ,block*a9 ,deploym5t ,program 9 ! ,dep>tm5t ( ,comm]ce2 7#d7 promot+ ! national security & economic security ( ! ,unit$ ,/ates ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#e7 support+ engagem5t ) ! public to promote ! be/ practices describ$ 9 subsection 7c72 7#f7 consid]+ policies & programs to enc\rage & improve coord9ation among ,f$]al ag5cies ) respect to ! deploym5t ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#g7 exam9+-- 7,a7 h[ ,f$]al ag5cies c b5efit f utiliz+ block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7,b7 ! curr5t use by ,f$]al ag5cies ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7,c7 ! curr5t & future prep>$ness & ability ( ,f$]al ag5cies to adopt block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7,d7 additional security measures ,f$]al ag5cies may ne$ to take to-- 7i7 safely & securely use block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ to ensure ! security ( critical infra/ructure2 & 7ii7 enhance ! resili5cy ( ,f$]al sy/ems aga9/ cyb] ?reats to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#h7 support+ coord9ation ( ! activities ( ! ,f$]al ,gov]nm5t relat$ to ! security ( block*a9 te*nology & o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#i7 n lat] ?an #ahj days aft] ! date ( ! enactm5t ( ?is ,act1 e/abli%+ advisory committees to support ! adoption ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 ! memb]%ip ( :i* %all include-- 7,a7 ! ,secret>y2 7,b7 repres5tatives ( ,f$]al ag5cies 7z det]m9$ necess>y by ! ,secret>y72 & 7,c7 nongov]nm5tal /akehold]s ) exp]tise relat$ to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 includ+-- 7i7 block*a9 te*nology or o!r di/ribut$ l$g] te*nology infra/ructure op]ators1 suppli]s1 s]vice provid]s1 & v5dors2 7ii7 application develop]s build+ on block*a9 te*nology or o!r di/ribut$ l$g] te*nology2 7iii7 develop]s & organizations support+ ! advancem5t & deploym5t ( public block*a9 te*nology or o!r di/ribut$ l$g] te*nology2 7iv7 subject matt] exp]ts repres5t+ indu/rial sectors t c b5efit f block*a9 te*nology or o!r di/ribut$ l$g] te*nology2 7v7 small1 m$ium1 & l>ge bus9esses2 7vi7 ?9k tanks & academia2 7vii7 nonpr(it organizations & consum] gr\ps2 7viii7 cyb]security exp]ts2 7ix7 rural /akehold]s2 7x7 cov]$ nongov]nm5tal repres5tatives2 7xi7 arti/s & ! cont5t creator community2 & 7xii7 o!r /akehold]s ) relevant exp]tise 7z det]m9$ necess>y by ! ,secret>y74 7c7 ,be/ practices ,! ,secret>y %all1 on an ongo+ basis1 facilitate & support ! developm5t & dissem9ation ( be/ practices ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization t-- 7#a7 support ! private sector1 ! public sector1 & public-private p>tn]%ips 9 ! deploym5t ( te*nologies ne$$ to advance ! capabilities ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#b7 support ! int]op]ability ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#c7 support op]ations1 includ+ ha%+ & key /orage & security sy/ems1 t =m ! f\ndation ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#d7 r$uce cyb]security & o!r risks t may compromise block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#e7 r$uce unc]ta9ty & risks 9 ! use ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#f7 quantify ! value & pot5tial co/ sav+s associat$ ) adoption ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization1 includ+ ?r\gh comp>ative analyses ( compet+ & exi/+ te*nologies )9 specific indu/ry applications4 7d7 ,additional requirem5ts ,9 c>ry+ out ?is section1 ! ,secret>y %all-- 7#a7 consult closely & regul>ly ) /akehold]s1 includ+ private sector individuals & entities1 & incorporate indu/ry exp]tise2 7#b7 collaborate ) private sector /akehold]s to id5tify prioritiz$1 flexible1 repeatable1 p]=mance-bas$1 & co/-effective approa*es to ! deploym5t ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#c7 dissem9ate rese>* & in=mation p]ta9+ to ! use (1 & m>ketplace =1 block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#d7 develop /&>diz$ t]m9ology =1 & promote common und]/&+ (1 block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#e7 ensure ! be/ practices describ$ 9 subsection 7c7 facilitate ! ease ( use ( block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 7#f7 support op5-s\rce infra/ructure1 data managem5t1 & au!ntication activities ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#g7 consid] ! ne$s & int]e/s ( bo? ! private & public sector1 includ+ small bus9esses & ,f$]al1 ,/ate1 & local gov]nm5ts4 7e7 ,rules ( con/ruction ,no?+ 9 ?is section may be con/ru$ to-- 7#a7 require a private entity to %>e in=mation ) ! ,secret>y2 7#b7 require a private entity to reque/ assi/ance f ! ,secret>y2 7#c7 require a private entity to implem5t any measure or recomm5dation sugge/$ by ! ,secret>y 9 response to a reque/ by ! private entity2 or 7#d7 require ! adoption ( ! be/ practices describ$ 9 subsection 7c74 7f7 ,consultation ,9 implem5t+ ?is section1 ! ,secret>y may1 z appropriate1 consult ) ! heads ( relevant ,f$]al ag5cies4 7g7 ,t]m9ation ( ,program ,! ,block*a9 ,deploym5t ,program e/abli%$ pursuant to subsection 7b77#c7 %all t]m9ate on ! date t is #g ye>s aft] ! date ( ! enactm5t ( ?is ,act4 #d4 ,report to ,congress ,n lat] ?an #b ye>s aft] ! date ( ! enactm5t ( ?is ,act1 & annually !reaft]1 ! ,secret>y %all make public on ! website ( ! ,dep>tm5t ( ,comm]ce & submit to ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives & ! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate a report t includes-- 7#a7 a description ( ! activities ( ! ,secret>y "u ?is ,act dur+ ! prec$+ ye>2 7#b7 any recomm5dations by ! ,secret>y = additional legislation to /r5g!n ! competitiv5ess ( ! ,unit$ ,/ates ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization2 & 7#c7 a description ( any em]g+ risks & long-t]m tr5ds ) respect to block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 applications built on block*a9 te*nology or o!r di/ribut$ l$g] te*nology1 tok5s1 & tok5ization4 ,may #aj1 #bjbd,report$ ) an am5dm5t1 committ$ to ! ,committee ( ! ,:ole ,h\se on ! ,/ate ( ! ,union1 & ord]$ to be pr9t$