Investments of Public Funds in Bitcoin
Summary
Investments of Public Funds in Bitcoin; Authorizes CFO to invest in Bitcoin any money from certain public funds; provides limits to such investments; provides requirements for holding such Bitcoin; authorizes CFO & other parties to loan Bitcoin in state funds; requires taxes & fees paid in Bitcoin to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Trustees of SBA to invest & reinvest available funds of System Trust Fund in Bitcoin; provides that investments of public funds in Bitcoin are exempt from certain security requirements.
Bill status
died
1 of 4 stages cleared
Introduction
Feb 2025
Committee Review
Floor Vote
Governor
Introduced Feb 10, 2025
Last action Jun 16, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
13
Key actions
5
Committee
9
Apr 10, 2025
Lower · Passed
Now in Government Operations Subcommittee
lower
Apr 10, 2025
Lower · Passed
Reported out of Insurance & Banking Subcommittee
lower
Apr 10, 2025
Lower · Passed
Favorable by Insurance & Banking Subcommittee
lower
Apr 8, 2025
Lower · Passed
Added to Insurance & Banking Subcommittee agenda
lower
Feb 19, 2025
Lower · Passed
Now in Insurance & Banking Subcommittee
lower
Feb 19, 2025
Committee
Referred to Commerce Committee
lower
Feb 19, 2025
Committee
Referred to Ways & Means Committee
lower
Feb 19, 2025
Committee
Referred to Government Operations Subcommittee
lower
Feb 19, 2025
Committee
Referred to Insurance & Banking Subcommittee
lower
1 primary · 1 co-sponsor
Sponsors
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