$BTC Texas Secures Bitcoin Reserve with HB 4488

Gov. Abbott signs HB 4488 to shield Bitcoin reserve permanently

SB 21 not signed yet, auto-enacts June 22

Bill enables Texas investment in Bitcoin via state-managed fund

Bitcoin Reserve Now Legally Protected

Texas Governor Greg Abbott has signed House Bill 4488 (HB 4488), giving legal protection to any future Bitcoin reserves the state may hold. This bill ensures that a state-managed Bitcoin reserve will not be dissolved or absorbed into the general fund, even after automatic fund expirations set for 2025. The move highlights Texas’s growing commitment to incorporating Bitcoin into its long-term financial strategy.

By classifying the reserve as a permanent fund, the law guarantees its preservation and management under state supervision, allowing public donations and alternative funding methods. This is a significant move toward legitimizing crypto assets at a state level.

SB 21 Awaits Activation

While HB 4488 has been signed, Senate Bill 21 (SB 21)—which proposes the actual creation of the Texas Bitcoin Reserve—has not been signed by Gov. Abbott. However, under Texas law, a bill passed by the legislature becomes law automatically if not vetoed or signed by a specified deadline. SB 21 is expected to take effect at 12:01 AM on June 22, 2025.

Conclusion

Gov. Abbott signs HB 4488 to shield Bitcoin reserve permanently

SB 21 not signed yet, auto-enacts June 22

Bill enables Texas investment in Bitcoin via state-managed fund

Bitcoin Reserve Now Legally Protected

Texas Governor Greg Abbott has signed House Bill 4488 (HB 4488), giving legal protection to any future Bitcoin reserves the state may hold. This bill ensures that a state-managed Bitcoin reserve will not be dissolved or absorbed into the general fund, even after automatic fund expirations set for 2025. The move highlights Texas’s growing commitment to incorporating Bitcoin into its long-term financial strategy.