Study to Evaluate Blockchain-Based Real Property Lease and Title Recordation and Verification

Requiring the State Department of Assessments and Taxation, in coordination with certain entities, to evaluate the use of blockchain technology for securely recording and verifying real property ownership and leases and to assess its potential for use by law enforcement and courts in resolving real property disputes involving squatting; and requiring the Department, by December 31, 2026, to report the results of the study to evaluate certain uses of blockchain technology to the Governor and the General Assembly.