The proposal allocates a yearly general fund of $22,048 and $17,192, respectively, to the two newly formed commissions on artificial intelligence and cryptocurrency in the state of Virginia.
A Virginia senate committee has recommended a yearly combined fund allocation of $39,240 for two newly formed commissions on artificial intelligence (AI) and cryptocurrency.
A Feb. 18 proposal from the Subcommittee on General Government of the Senate Finance and Appropriations Committee allocated over $23.6 million for various legislative departments. Out of the total, the Blockchain and Cryptocurrency Commission, established in January 2024, received a proposed general fund of $17,192 for 2025 and 2026.
The Artificial Intelligence Commission, currently called the Committee on Communications, Technology and Innovation, was allotted $22,048 for the same period.
