Florida · House Bill 1039 · 2026 Regular Session

Establishment and Administration of a State Cryptocurrency Reserve

HB 1039 Sponsored by John Snyder and Meg Weinberger Died in committee

  1. Introduced Jan 6, 2026
  2. In committee Jan 12, 2026
  3. Passed the House  
  4. Passed the Senate  
  5. To the governor  
  6. Became law Jan 1, 2027

What it does

The legislature's own summary of the bill, or its official long title.

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…

Read the full title (155 words)

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.

Every action

24 steps, oldest first, as the legislature records them.

Show the 16 earlier steps
  1. HouseFiled
  2. CommitteeReferred to Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee
  3. CommitteeReferred to Government Operations Subcommittee · House Government Operations Subcommittee
  4. CommitteeReferred to State Administration Budget Subcommittee · House State Administration Budget Subcommittee
  5. CommitteeReferred to Commerce Committee · House Commerce Committee
  6. CommitteeNow in Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee
  7. House1st Reading (Original Filed Version)
  8. CommitteeAdded to Insurance & Banking Subcommittee agenda · House Insurance & Banking Subcommittee
  9. CommitteeFavorable with CS by Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee18–0 vote
  10. CommitteeReported out of Insurance & Banking Subcommittee · House Insurance & Banking Subcommittee
  11. HouseLaid on Table under Rule 7.18(a)
  12. HouseCS Filed
  13. CommitteeReferred to Commerce Committee · House Commerce Committee
  14. CommitteeNow in Commerce Committee · House Commerce Committee
  15. House1st Reading (Committee Substitute 1)
  16. CommitteeAdded to Commerce Committee agenda · House Commerce Committee
  1. CommitteeFavorable with CS by Commerce Committee · House Commerce Committee22–2 vote
  2. CommitteeReported out of Commerce Committee · House Commerce Committee
  3. HouseLaid on Table under Rule 7.18(a)
  4. HouseCS Filed
  5. HouseBill referred to House Calendar
  6. House1st Reading (Committee Substitute 2)
  7. HouseAdded to Second Reading Calendar
  8. HouseDied on Second Reading Calendar

Roll calls

2 recorded votes: 0 on the floor, 2 in committee. Each shows how every member voted.

Committee votes

DateWhereQuestionResult
Feb 11, 2026 House Insurance & Banking Subcommittee Favorable with CS by Insurance & Banking Subcommittee
Members

Yes · 18

 Passed 18–0
Feb 24, 2026 House Commerce Committee Favorable with CS by Commerce Committee
Members

Yes · 22

No · 2

Not voting · 2

 Passed 22–2

Sponsors

The 2 members who introduced it, joined by 1 cosponsor: 1 Republican.

  • John SnyderR Primary sponsor · District 86
  • Meg WeinbergerR Primary sponsor · District 94
  • CC Commerce Committee Sponsoring committee
  • I& Insurance & Banking Subcommittee Sponsoring committee
All 1 cosponsor

From Florida's official records (flsenate.gov), checked Nov 14, 2026. Text links go to the official versions; LegiList does not copy bill text.