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SB228Introduced in the Senate

State Depositories; State Depository Board to allow the state treasurer to invest in bitcoin; provide

IntroducedSenate Banking and Financial Institutions

Introduced by Jason Esteves, District 35

What does this bill do?

Plain-English breakdown

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Official description

A BILL to be entitled an Act to amend Article 3 of Chapter 17 of Title 50 of the Official Code of Georgia Annotated, relating to state depositories, so as to provide for the State Depository Board to allow the state treasurer to invest in bitcoin; to require the state treasurer to develop policies and procedures for the acceptance, storage, and transacting of bitcoin by the state; to require that bitcoin received or otherwise owned by the state shall be held in accordance with such policies and procedures; to provide for definitions; to provide for related matters; to repeal conflicting laws; and for other purposes.

Where it stands

Senate Read and Referred

February 21, 2025

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

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Bill history

  1. Senate Hopper

  2. Senate Read and Referred

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