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FL S1040
Bill
Status
Introduced
12/30/2025
Primary Sponsor
Banking and Insurance
Click for details
AI Summary
- Creates the Florida Cryptocurrency Reserve as a trust fund within the office of the Chief Financial Officer
- Funds the reserve through legislative appropriations, dedicated revenue, purchased cryptocurrency, blockchain forks, airdrops, and investment earnings
- Authorizes the reserve to acquire, hold, manage, and dispose of cryptocurrency to strengthen financial security, diversify investments, and hedge against inflation
- Terminates the reserve on July 1, 2030, unless renewed after mandatory review
- Takes effect contingent on passage of SB 1038 or similar legislation in the same legislative session
Legislative Description
Trust Funds/Florida Cryptocurrency Reserve
Last Action
CS by Banking and Insurance read 1st time
2/4/2026
Committee Referrals
Appropriations Subcommittee on Agriculture, Environment, and General Government1/29/2026
Full Bill Text
No bill text available