According to TechFlow, Texas Governor Greg Abbott passed House Bill 4488, which protects Bitcoin reserves in state government funds from being included in general revenue and exempts them from the obligation to automatically dissolve in 2025.
Texas Governor Greg Abbott has yet to decide on Senate Bill 21 (SB21), which would authorize the state to invest in Bitcoin and other crypto assets with a market value of at least $500 billion. Currently, only Bitcoin meets this criteria. Greg Abbott has until June 22 to sign or veto the bill.
