House File 2443 H-8083 Amend House File 2443 as follows: 1 1. Page 1, line 30, before < same > by inserting < the > 2 2. Page 2, line 7, by striking < electronic > 3 3. Page 2, by striking lines 18 through 24 and inserting 4 < proprietary, or access rights or is used as a medium of 5 exchange, unit of account, method of payment, or store of 6 value. “Digital asset” does not include a deposit account, 7 electronic record evidencing chattel paper, electronic chattel 8 paper, controllable account, controllable payment intangible, 9 money, electronic document of title, investment property, or 10 a transferable record. > 11 4. Page 2, by striking lines 25 through 32 and inserting: 12 < ___. “Distributed ledger technology” means an electronic 13 ledger or other record of transactions or other data to which 14 all of the following apply: 15 a. The electronic ledger is uniformly ordered. 16 b. The electronic ledger is redundantly maintained or 17 processed by more than one computer or machine to guarantee the 18 consistency or nonrepudiation of the recorded transactions or 19 other data. > 20 5. Page 2, before line 33 by inserting: 21 < ___. “Electronic” means the same as defined in section 22 554D.103. > 23 6. Page 2, line 35, before < the same > by inserting < means > 24 7. Page 3, by striking lines 2 through 7 and inserting: 25 < ___. “Electronic record” means the same as defined in 26 section 554D.103. > 27 8. Page 3, after line 9 by inserting: 28 < ___. “Money” means the same as defined in section 29 554.1201. > 30 9. Page 3, line 17, by striking < limited to taking > and 31 inserting < limited to, taking > 32 10. Page 3, line 20, before < other > by inserting < any > 33 11. Page 3, by striking lines 24 through 28 and inserting: 34 < ___. “Transferable record” means the same as transferable 35 -1- HF 2443.3370 (1) 89 es/rn 1/ 2 #1. #2. #3. #4. #5. #6. #7. #8. #9. #10. #11.
record defined in the federal Electronic Signatures in Global 1 and National Commerce Act, 15 U.S.C. §7021(a)(1), and as 2 defined in the Uniform Electronic Transactions Act, section 3 554D.118, subsection 1. > 4 12. Page 4, line 9, by striking < provision > and inserting 5 < law > 6 13. Page 4, line 10, by striking < owning or lawfully > 7 14. Page 4, by striking lines 11 and 12 and inserting < in 8 the course of engaging in or affecting intrastate commerce, 9 interstate commerce, or foreign commerce to secure information 10 that the person owns or has the right to use retains the same > 11 15. By renumbering, redesignating, and correcting internal 12 references as necessary. 13 ______________________________ LOHSE of Polk -2- HF 2443.3370 (1) 89 es/rn 2/ 2 #12. #13. #14. #15.