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CS/CS/HB 1039

Florida House bill in Session 2026.

Status: in_committee. Latest action: March 13, 2026.

Establishment and Administration of a State Cryptocurrency Reserve.

Bill ID FL-2026-HB-1039
Session 2026
Status in_committee
Committee Insurance & Banking Subcommittee Referred to Government Operations Subcommittee Referred to State Administration Budget Subcommittee Referred to Commerce Committee Now in Insurance & Banking Subcommittee
House in_committee 2026-03-13
Summary

Establishment and Administration of a State Cryptocurrency Reserve; 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.

Sponsor
Commerce Committee
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-13 Introduced Bill introduced
2026-03-13 Status in_committee
2026-03-13 Latest Action House - Died on Second Reading Calendar
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