FL H0183

Authorizes Florida's Chief Financial Officer and State Board of Administration to invest up to 10% of public funds—including the General Revenue Fund, Budget Stabilization Fund, and Florida Retirement System Trust Fund—in digital assets such as Bitcoin and exchange-traded products holding digital assets

Requires digital asset investments to be held through qualified custodians (FDIC/NCUA-insured institutions, registered broker-dealers, or trust companies) or directly by the state with documented control under Florida's electronic records law

Permits the Chief Financial Officer and authorized parties to loan state-held digital assets if secured by collateral worth at least 100% of the loaned assets and compliant with fiduciary standards

Mandates that all investment decisions be based solely on pecuniary factors (risk/return), prohibiting consideration of social, political, or ideological interests, and requires any lapse in digital asset control to be cured within 5 business days

Effective date: July 1, 2026