$BTC Two central bills—SB 1025 and SB 1373—form the backbone of this proposal.
SB 1025, known as the Strategic Bitcoin Reserve Act, would allow public funds managed by the state, including pensions and treasurer-controlled assets, to invest up to 10% in Bitcoin and other digital assets. The funds would be stored in a state-controlled reserve with secure custody measures.
SB 1373, the Strategic Digital Assets Reserve Fund, provides a framework for managing seized or allocated digital assets. It allows the state to invest these assets or even lend them out under certain risk-controlled conditions.
These bills have already passed the Senate and await final votes in the House of Representatives.