Webster Barnaby
- Republican
- Representative
- District 29
Primary
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.
Now in Government Operations Subcommittee
Favorable by Insurance & Banking Subcommittee
Reported out of Insurance & Banking Subcommittee
Added to Insurance & Banking Subcommittee agenda
1st Reading (Original Filed Version)
Now in Insurance & Banking Subcommittee
Referred to Insurance & Banking Subcommittee
Referred to Government Operations Subcommittee
Referred to Ways & Means Committee
Referred to Commerce Committee
Filed
| Bill Text Versions | Format |
|---|---|
| H 487 Filed |
| Document | Format |
|---|---|
| Bill Analysis -- Insurance & Banking Subcommittee (Post-Meeting) (4/10/2025 4:56 PM) |
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