Creates new provisions relating to digital assets
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SB 1177 — Creates new provisions relating to digital assets
Last action — Second Read and Referred S Insurance and Banking Committee
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced December 01, 2025. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
Prognosis
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.
Summary
SB 1177 - This act creates new provisions governing digital assets. NATURE OF DIGITAL ASSETS AND THE UNIFORM COMMERCIAL CODE (Section 409.450) The act establishes the following digital assets, all defined in the act, as intangible personal property and subject to the Uniform Commercial Code, as follows: • Digital consumer assets are considered a general intangible; • Digital securities are considered a security; • Virtual currency is considered money. The act creates standards and methods for the perfection, possession, and control of the aforementioned digital assets. Provisions are created allowing banks to provide custodial services, as that term is defined in the act, for digital assets and governing the manner in which such services are rendered to customers. REGISTRATION OF DIGITAL ASSETS (Section 409.455) The act creates a process for registering digital assets with the Secretary of State (SOS). The lawful owner of any digital asset or the owner's agent may register the digital asset with the SOS if the owner is a resident of this state or, in the case of a business entity, if the entity is incorporated or organized under Missouri law. Provisions are included relating to the information needed to be included on any application and the fee to be submitted, not to exceed $500. Registration of any digital asset is for a period of 5 years and may be renewed for successive periods. Any person who files or registers any digital asset with the SOS by knowingly making any false or fraudulent representation or declaration, orally or in writing, or by any other means, shall be liable to pay all damages sustained in consequence of the filing or registration, to be recovered by or on behalf of the injured party in any court of competent jurisdiction. SCOTT SVAGERA
Bill Text
- Introduced 5432S.01I - Introduced Current pdf
Action History
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Second Read and Referred S Insurance and Banking Committee
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S First Read
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Prefiled
Sponsors
- Travis Fitzwater · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 198 not signed on
Sponsors (1)
- Fitzwater, Travis
Co-sponsors (0)
None.
Not signed on (198)
198 members have not signed on to this bill.
Show all 198 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- What does SB 1177 do?
- SB 1177 - This act creates new provisions governing digital assets. NATURE OF DIGITAL ASSETS AND THE UNIFORM COMMERCIAL CODE (Section 409.450) The act establishes the following digital assets, all defined in the act, as intangible personal property and subject to the Uniform Commercial Code, as follows: • Digital consumer assets are considered a general intangible; • Digital securities are considered a security; • Virtual currency is considered money. The act creates standards and methods for the perfection, possession, and control of the aforementioned digital assets. Provisions are created allowing banks to provide custodial services, as that term is defined in the act, for digital assets and governing the manner in which such services are rendered to customers. REGISTRATION OF DIGITAL ASSETS (Section 409.455) The act creates a process for registering digital assets with the Secretary of State (SOS). The lawful owner of any digital asset or the owner's agent may register the digital asset with the SOS if the owner is a resident of this state or, in the case of a business entity, if the entity is incorporated or organized under Missouri law. Provisions are included relating to the information needed to be included on any application and the fee to be submitted, not to exceed $500. Registration of any digital asset is for a period of 5 years and may be renewed for successive periods. Any person who files or registers any digital asset with the SOS by knowingly making any false or fraudulent representation or declaration, orally or in writing, or by any other means, shall be liable to pay all damages sustained in consequence of the filing or registration, to be recovered by or on behalf of the injured party in any court of competent jurisdiction. SCOTT SVAGERA
- Who sponsors SB 1177?
- SB 1177 is sponsored by Fitzwater, Travis.
- What is the current status of SB 1177?
- This bill is in committee in the Senate. Introduced December 01, 2025. It must pass committee before a floor vote.
- Where can I track SB 1177?
- Track SB 1177 free on One Click Politics — get push/email alerts when it moves.
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