H1039Introduced in the House
Establishment and Administration of a State Cryptocurrency Reserve
Introduced by Commerce Committee
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
Establishes Florida Strategic Cryptocurrency Reserve Fund as special fund assigned to SBA; provides for objective, custody, administration, & management of reserve; provides sources of reserve; authorizes Legislature to appropriate funds for deposit to credit of reserve for specified purposes; authorizes board to pay certain costs using cryptocurrency in reserve or net proceed from sale of cryptocurrency in reserve; authorizes transfer of reserve money to State Treasury; authorizes board to dispose of certain cryptocurrency received by reserve; provides requirements for cryptocurrency to be purchased for reserve; authorizes contracts with third parties for administration or management of reserve; authorizes board to use derivatives; authorizes contracts with certified public accountants for independent audits; establishes Florida Strategic Cryptocurrency Reserve Fund Advisory Committee within board; provides for committee membership; provides duties & terms of committee members; requires board to adopt rules; requires board to provide to Legislature certain information relating to reserve.
Where it stands
Died on Second Reading Calendar
March 13, 2026
How did lawmakers vote?
HouseStage: House Commerce Committee · February 24, 2026
22
Yes
2
No
2
Absent or Not Voting
26 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| Michelle Salzman | 1 | Yes |
| Jason Shoaf | 7 | Yes |
| Gallop Franklin | 8 | Absent |
| Chuck Brannan | 10 | Yes |
| Wyman Duggan | 12 | Yes |
| Kimberly Daniels | 14 | Yes |
| Chase Tramont | 30 | Yes |
| Tyler Sirois | 31 | Yes |
| Erika Booth | 35 | Yes |
| David Smith | 38 | No |
Bill history
Filed
Referred to Insurance & Banking Subcommittee
Referred to Government Operations Subcommittee
Referred to State Administration Budget Subcommittee
Referred to Commerce Committee
Now in Insurance & Banking Subcommittee
1st Reading (Original Filed Version)
Added to Insurance & Banking Subcommittee agenda
Favorable with CS by Insurance & Banking Subcommittee
Reported out of Insurance & Banking Subcommittee
Laid on Table under Rule 7.18(a)
CS Filed
Referred to Commerce Committee
Now in Commerce Committee
1st Reading (Committee Substitute 1)
Added to Commerce Committee agenda
Favorable with CS by Commerce Committee
Reported out of Commerce Committee
Laid on Table under Rule 7.18(a)
CS Filed
Bill referred to House Calendar
1st Reading (Committee Substitute 2)
Added to Second Reading Calendar
Died on Second Reading Calendar
Verify the information
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