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Glossary of Legislative Terms

CS/SB 1040: Trust Funds/Florida Cryptocurrency Reserve

TRUST FUND/GENERAL BILL by Banking and Insurance ; Gruters

Trust Funds/Florida Cryptocurrency Reserve; Creating the Florida Cryptocurrency Reserve, a trust fund, within the office of the Chief Financial Officer; providing for the source of funds and the purpose of the reserve; providing for future review and termination or re-creation of the reserve, etc.

Effective Date: On the same date that SB 1038 or similar legislation takes effect, if such legislation is adopted in the same legislative session or an extension thereof and becomes a law
 Last Action: 2/4/2026 Senate - CS by Banking and Insurance read 1st time
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Appropriations (AP)


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Bill History

Date Chamber Action
12/30/2025 Senate • Filed
1/7/2026 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
1/13/2026 Senate • Introduced
1/23/2026 Senate • On Committee agenda-- Banking and Insurance, 01/28/26, 10:30 am, 412 Knott Building
1/28/2026 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0
1/29/2026 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Committee on Agriculture, Environment, and General Government
2/4/2026 Senate • CS by Banking and Insurance read 1st time