HB 183: Investments and Deposits of Public Funds
GENERAL BILL by Barnaby
Investments and Deposits of Public Funds; 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.
Last Action: 10/21/2025 House - Now in Insurance & Banking Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 10/15/2025 | House |
• Filed |
| 10/21/2025 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Government Operations Subcommittee • Referred to Ways & Means Committee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |