H0183Introduced in the House
Investments and Deposits of Public Funds
Introduced by Webster Barnaby, District 29
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Provides option for public money to be invested in digital assets & exchange-traded products; authorizes CFO, in managing state funds, to include digital assets & exchange-traded products as stores of value & potential hedges against inflation; provides requirements for holding acquired digital assets; authorizes CFO & other parties to loan digital assets in state funds if such loans are collateralized & comply with fiduciary standards; requires taxes & fees paid in digital assets to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Board of Trustees of SBA to invest & reinvest available funds of System Trust Fund in digital assets; provides limits & custody requirements for such investments.
Where it stands
Died in Insurance & Banking Subcommittee
March 13, 2026
How did lawmakers vote?
No recorded vote is available for this bill yet.
Bill history
Filed
Referred to Insurance & Banking Subcommittee
Referred to Government Operations Subcommittee
Referred to Ways & Means Committee
Referred to Commerce Committee
Now in Insurance & Banking Subcommittee
1st Reading (Original Filed Version)
Died in Insurance & Banking Subcommittee
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