SB557Introduced in the Senate
Commonwealth Strategic Cryptocurrency Reserve Fund; established, report.
Introduced by Bryce Reeves, District 28
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
Commonwealth Strategic Cryptocurrency Reserve Fund established; report. Establishes the Commonwealth Strategic Cryptocurrency Reserve Fund (the Reserve Fund) in the Department of the Treasury for the purpose of investing in bitcoin or other cryptocurrency. The bill also establishes the Commonwealth Strategic Cryptocurrency Reserve Fund Advisory Committee for the purpose of advising the State Treasurer regarding the administration and management of the Reserve Fund. Finally, the bill specifies that the State Treasurer shall submit to the General Assembly a biennial report on the content, administration, and management of the Reserve Fund.
Where it stands
Passed by indefinitely in General Laws and Technology (13-Y 2-N)
February 4, 2026
How did lawmakers vote?
SenateStage: Passed by indefinitely in General Laws and Technology (13-Y 2-N) · February 4, 2026
13
Yes
2
No
0
Absent or Not Voting
15 senators recorded in this Senate 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 senator voted
| Senator | District | Vote |
|---|---|---|
| Timmy French | 1 | Yes |
| Chris Head | 3 | Yes |
| Todd Pillion | 6 | Yes |
| Lashrecse Aird | 13 | Yes |
| Schuyler VanValkenburg | 16 | Yes |
| Emily Brewer | 17 | Yes |
| Christie New Craig | 19 | No |
| Angelia Williams Graves | 21 | Yes |
| Aaron Rouse | 22 | Yes |
| Mamie Locke | 23 | Yes |
Bill history
Prefiled and ordered printed; Offered 01-14-2026 26100797D
Referred to Committee on General Laws and Technology
Fiscal Impact Statement from Department of Planning and Budget (SB557)
Passed by indefinitely in General Laws and Technology (13-Y 2-N)
Verify the information
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