This is a bill from the 136th General Assembly (Regular Session) of Ohio, with proposal number S.B. No. 57, introduced by Senator O'Brien. The main contents of this bill include:
Amending the law: Amending Sections 9.16, 113.40, and 2981.12 of the Ohio Revised Code, and adding Sections 135.146 and 5703.83.
Authorizing investment in Bitcoin: Allowing state government funds to invest in Bitcoin.
Mandating acceptance of cryptocurrency payments: Requiring state government entities to accept payments in cryptocurrency.
Bill name: Naming this bill the "Ohio Bitcoin Reserve Act."
The purpose of this bill is to promote the acceptance and use of Bitcoin and cryptocurrency in financial and payment systems in Ohio.