Does this count as a positive development? BTC hasn't surged significantly

The Arizona House of Representatives passed two BTC reserve bills

Recently, the Arizona House of Representatives passed two BTC reserve-related bills, SB 1025 and SB 1373, which have now been submitted for Governor Katie Hobbs' signature. SB 1373 proposes the establishment of a digital asset strategic reserve fund managed by the state treasurer, with sources of funding including seized assets and legislative appropriations, allowing up to 10% to be invested in digital assets like BTC each fiscal year, and permitting borrowing without increasing risk. SB 1025 allows the state treasury and pension systems to invest up to 10% of available funds in virtual currencies, focusing on BTC. $BNB