CS/CS/HB 1039: Establishment and Administration of a State Cryptocurrency Reserve
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Snyder ; Weinberger ; (CO-INTRODUCERS) Barnaby
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.
Last Action: 3/2/2026 House - Bill referred to House Calendar
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/6/2026 | House |
• Filed |
| 1/12/2026 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Government Operations Subcommittee • Referred to State Administration Budget Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 2/9/2026 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 2/11/2026 | House |
• Favorable with CS by Insurance & Banking Subcommittee |
| 2/12/2026 | House |
• Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed |
| 2/13/2026 | House |
• Referred to Commerce Committee • Now in Commerce Committee • 1st Reading (Committee Substitute 1) |
| 2/20/2026 | House |
• Added to Commerce Committee agenda |
| 2/24/2026 | House |
• Favorable with CS by Commerce Committee |
| 2/27/2026 | House |
• Reported out of Commerce Committee • Laid on Table under Rule 7.18(a) • CS Filed |
| 3/2/2026 | House |
• Bill referred to House Calendar |
