Strategic Digital Asset Reserve Act of Maryland
Sponsor: Deni Taveras (District 47B)Committee: Economic MattersSubject: Criminal Law - ProceduresStatus: Hearing 2/03 at 1:30 p.m. (as of Sep 4, 2026)
What this bill does
Official synopsis
Establishing the Maryland Digital Asset Reserve Fund to serve as a reserve asset for the State through the investment of cryptocurrency; and authorizing the State Treasurer to invest the funds obtained by the State through the enforcement of certain gambling violations into cryptocurrency.
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Analysis reads the bill text, the fiscal note, and the witness list. It is generated by Claude and reviewed by nobody, so check the source documents before you rely on it.
Testimony (11)
MGA witness listFAV 6FavorableUNF 3UnfavorableINFO 2Information only
| Position | Witness | Organization | Testimony |
|---|---|---|---|
| FAV | Smith, Mark | Carbon Country | Oral |
| FAV | Dennard, Douglas | DCD Consulting Group | Oral + Written (PDF) |
| FAV | Herman, Noah | Fortris Global | Oral + Written (PDF) |
| FAV | Cooper, Jacqueline | Maryland Blockchain Association | Written (PDF) |
| FAV | Porter, Dennis | Satoshi Action | Oral + Written (PDF) |
| FAV | Delegate Taveras, Delegate Taveraslegislator | Individual | Oral |
| UNF | Harris, Jonathan | Jonathan Harris | Oral + Written (PDF) |
| UNF | Richards, Evanlobbyist | Maryland Bankers Association | Written (PDF) |
| UNF | Rosa, Richard | Individual | Position only |
| INFO | Davis, Dereck | Maryland State Treasurer's Office | Written (PDF) |
| INFO | Harris, Mrs. | Individual | Position only |
