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Economic Matters Committee
Strategic Digital Asset Reserve Act of Maryland
Over deze groep
Maryland House Bill 51, the Strategic Digital Asset Reserve Act of Maryland, would establish a Maryland Digital Asset Reserve Fund administered by the State Treasurer. The fund would allow the state to invest in qualifying cryptocurrency and hold it as a reserve asset.
The fund could receive money seized or forfeited by state authorities in connection with illegal gambling activities, money appropriated through the state budget, investment earnings, and money accepted from other sources. It would be a special, nonlapsing fund, meaning its balance would remain in the fund at the end of each fiscal year rather than returning to the state’s General Fund.
The fund could invest only in decentralized, blockchain-based cryptocurrency secured through cryptographic technology and having a market capitalization of at least $500 billion. The bill does not name a specific cryptocurrency.
Any cryptocurrency purchased by the fund would have to be safeguarded through a secure institutional platform operated by the State Treasurer or through a qualified custodian selected by the Treasurer. Expenditures from the fund would be made through the state budget process.
Doelstelling
The purpose of this Assembly is to evaluate Maryland House Bill 51 (2026) from the perspectives of Maryland’s diverse legislative districts. Acting as members of the House Economic Matters Committee, students, henceforth referred to as delegates, will examine the bill’s potential benefits and costs, consider its likely effects on their assigned districts and constituents, and apply relevant economic concepts to their arguments. Following deliberation, delegates will cast a confidential straw vote on whether HB 51 should receive a favorable committee report.
Internal organization
The Assembly will proceed in four stages:
Review: Students, henceforth delegates, will read and develop an understanding of HB 51.
Debate: Each delegate will evaluate the bill from the perspective of his/her constituents and assigned policy, such as Energy, Transportation, or Environment.
Report: Delegates will compose a district report to pass or reject the bill, supported by district-level evidence and relevant economic concepts.
Vote: After deliberation, delegates will take a straw poll on whether HB 51 should receive a favorable committee report.
Samenstelling
In this assembly, students will act as members of the Maryland House of Delegates’ Economic Matters Committee. Each student is assigned to represent a Maryland legislative district. A district might have 3 or 4 delegates. The course instructor will serve as the Chair of the Assembly.
Debate 5: Comparative Advantage
Using comparative advantage, should Maryland devote resources to digital assets, or should it concentrate on areas in which the state or your district has stronger advantages?Hint: think about leading industries in Maryland and the reasons for their success in the state. Would those factors help thi…
Debate 4: Fiscal Policy
Should Maryland hold cryptocurrency as a reserve asset? What regulations and amendments do you want to add to the current bill? Hint: recall from the previous debate how its gains or losses could affect the state’s ability to fund your district’s environmental, energy, or transportation priorities a…
Debate 2: Labor Market
Would HB 51 Digital Asset Reserve Fund improve employment, wages, working conditions, or workforce skills in your district?Hint: compare it with an alternative scenario in which the same resources can be invested directly in your assigned policy portfolio (Energy, Transportation, or Environment)?
Debatten
5
Surveys
Responses: 0
1
Referentie: to-ASSE-2026-08-1