HB 1039: Establishment and Administration of a State Cryptocurrency Reserve
GENERAL BILL by Snyder
Establishment and Administration of a State Cryptocurrency Reserve; Establishes Florida Strategic Cryptocurrency Reserve as special fund outside State Treasury; provides sources of reserve; provides for administration & management of reserve; authorizes CFO to pay certain costs using cryptocurrency in reserve or net proceed from sale of cryptocurrency in reserve; provides for investment of money in reserve; authorizes transfer of reserve money to State Treasury under certain circumstances; provides requirements for cryptocurrency to be purchased for reserve; authorizes contracts with third parties for administration & management of reserve; authorizes CFO to use derivatives under certain circumstances; authorizes contracts with certified public accountants for independent audits; authorizes temporary transfers of money from reserve for specified purposes; establishes Florida Strategic Cryptocurrency Reserve Advisory Committee within Department of Financial Affairs.
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Bill History
Date Chamber Action 1/6/2026 House • Filed
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HB 1039, Original Filed Version (Current Bill Version) Posted 1/6/2026 at 12:23 PM
Bill Text: PDF Analyses: None Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 1038 Florida Strategic Cryptocurrency Reserve Gruters Similar Last Action: 1/7/2026 S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations 
S 1040 Trust Funds/Florida Cryptocurrency Reserve Gruters Compare Last Action: 1/7/2026 S Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 17.613 Page 2 (pdf)