BinanceAlpha $1.7M Reward According to PANews, the Texas Bitcoin Strategic Reserve bill is scheduled for its second reading on May 20, a crucial step before the final vote. If the bill, known as SB 21, is not passed before the end of the legislative session on June 2, it will expire and have to be reintroduced in the next session. If it is passed by the entire House by June 2, it will be sent to Governor Greg Abbott for approval.

Previously, the Texas House Committee approved the Bitcoin Reserve bill, moving it forward for a full House vote. This development is part of ongoing efforts in various U.S. states to establish strategic Bitcoin reserves.