SB 550

  • Florida Senate Bill
  • 2025 Regular Session
  • Introduced in Senate Mar 04, 2025
  • Senate
  • House
  • Governor

Investments of Public Funds in Bitcoin

Abstract

Investments of Public Funds in Bitcoin; Authorizing the Chief Financial Officer to make investments in Bitcoin and other digital assets for a certain purpose; requiring the Chief Financial Officer to maintain flexibility in certain investment decisions; authorizing the Chief Financial Officer to invest money in Bitcoin from certain public funds; authorizing the Trustees of the State Board of Administration to invest and reinvest available funds of the System Trust Fund in Bitcoin; providing that investments of public funds in Bitcoin are exempt from certain security requirements, etc.

Bill Sponsors (1)

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Jun 16, 2025

Senate

Died in Banking and Insurance

May 03, 2025

Senate

Indefinitely postponed and withdrawn from consideration

Mar 04, 2025

Senate

Introduced

Feb 20, 2025

Senate

Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations

Feb 07, 2025

Senate

Filed

Bill Text

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S 550 Filed PDF HTML

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Sources

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