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HB 183: Investments and Deposits of Public Funds

GENERAL BILL by Barnaby

Investments and Deposits of Public Funds; Provides option for public money to be invested in digital assets & exchange-traded products; authorizes CFO, in managing state funds, to include digital assets & exchange-traded products as stores of value & potential hedges against inflation; provides requirements for holding acquired digital assets; authorizes CFO & other parties to loan digital assets in state funds if such loans are collateralized & comply with fiduciary standards; requires taxes & fees paid in digital assets to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Board of Trustees of SBA to invest & reinvest available funds of System Trust Fund in digital assets; provides limits & custody requirements for such investments.

Effective Date: 7/1/2026
Last Action: 10/21/2025 House - Now in Insurance & Banking Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    10/15/2025 House • Filed
    10/21/2025 House • Referred to Insurance & Banking Subcommittee
    • Referred to Government Operations Subcommittee
    • Referred to Ways & Means Committee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee

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  • HB 183, Original Filed Version (Current Bill Version) Posted 10/15/2025 at 2:30 PM

    Bill Text:   PDF
    Analyses:   None

    Citations - Statutes (16)

    Citation Catchline Location in Bill Location In Bill Help
    17.57 Deposits and investments of state money. Page 4 (pdf)
    17.61 Chief Financial Officer; powers and duties in the investment of certain funds. Page 18 (pdf)
    112.661 Investment policies. Page 21 (pdf)
    121.151 Investments. Page 19 (pdf)
    215.47 Investments; authorized securities; loan of securities. Page 20 (pdf)
    215.4701 Trademarks, copyrights, or patents. Page 23 (pdf)
    215.473 Divestiture by the State Board of Administration; Sudan; Iran. Page 24 (pdf)
    215.4735 Prohibited foreign investments. Page 25 (pdf)
    215.475 Investment policy statement. Page 26 (pdf)
    215.4755 Certification and disclosure requirements for investment advisers and managers. Page 26 (pdf)
    215.50 Custody of securities purchased; income. Page 27 (pdf)
    215.555 Florida Hurricane Catastrophe Fund. Page 27 (pdf)
    218.409 Administration of the trust fund. Page 28 (pdf)
    280.03 Public deposits to be secured; prohibitions; exemptions. Page 21 (pdf)
    1002.36 Florida School for the Deaf and the Blind. Page 29 (pdf)
    1002.395 Florida Tax Credit Scholarship Program. Page 31 (pdf)

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