Investments of Public Funds in Bitcoin
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HB 487 — Investments of Public Funds in Bitcoin
Last action — Died in Government Operations Subcommittee
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 House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 2025 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.
Summary
Investments of Public Funds in Bitcoin; Authorizes CFO to invest in Bitcoin any money from certain public funds; provides limits to such investments; provides requirements for holding such Bitcoin; authorizes CFO & other parties to loan Bitcoin in state funds; requires taxes & fees paid in Bitcoin to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Trustees of SBA to invest & reinvest available funds of System Trust Fund in Bitcoin; provides that investments of public funds in Bitcoin are exempt from certain security requirements.
Bill Text
- Introduced H 487 Filed Current pdf
Action History
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Died in Government Operations Subcommittee
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Indefinitely postponed and withdrawn from consideration
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Now in Government Operations Subcommittee
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Reported out of Insurance & Banking Subcommittee
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Favorable by Insurance & Banking Subcommittee
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Added to Insurance & Banking Subcommittee agenda
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1st Reading (Original Filed Version)
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Now in Insurance & Banking Subcommittee
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Referred to Commerce Committee
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Referred to Ways & Means Committee
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Referred to Government Operations Subcommittee
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Referred to Insurance & Banking Subcommittee
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Filed
Sponsors
- Chase Tramont · Cosponsor
- Webster Barnaby · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 1 co-sponsors · 162 not signed on
Sponsors (1)
- Barnaby, Webster Republican
Co-sponsors (1)
- Tramont, Chase Republican
Not signed on (162)
162 members have not signed on to this bill.
Show all 162 →"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.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 12 | 0 | 0 | 0 |
| Unaffiliated | 1 | 0 | 0 | 0 |
| Democrat | 5 | 0 | 0 | 0 |
| Total | 18 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (18)
| Member | Party | Vote |
|---|---|---|
| Caruso | — | Yea |
| Chambliss, Kevin D. | Democrat | Yea |
| Dunkley, Lisa | Democrat | Yea |
| Hart-Lowman, Dianne "Ms Dee" | Democrat | Yea |
| Hinson, Yvonne Hayes | Democrat | Yea |
| Woodson, Marie Paule | Democrat | Yea |
| Alvarez, Daniel Antonio "Danny" | Republican | Yea |
| Anderson, Adam | Republican | Yea |
| Booth, Erika | Republican | Yea |
| Botana, Adam | Republican | Yea |
| Cassel, Hillary | Republican | Yea |
| Gonzalez Pittman, Karen | Republican | Yea |
| Jacques, Berny | Republican | Yea |
| Kincart Jonsson, Jennifer | Republican | Yea |
| Miller, Monique | Republican | Yea |
| Steele, Kevin M. | Republican | Yea |
| Valdés, Susan L. | Republican | Yea |
| Yeager, Bradford Troy "Brad" | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 487 do?
- Investments of Public Funds in Bitcoin; Authorizes CFO to invest in Bitcoin any money from certain public funds; provides limits to such investments; provides requirements for holding such Bitcoin; authorizes CFO & other parties to loan Bitcoin in state funds; requires taxes & fees paid in Bitcoin to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Trustees of SBA to invest & reinvest available funds of System Trust Fund in Bitcoin; provides that investments of public funds in Bitcoin are exempt from certain security requirements.
- Who sponsors HB 487?
- HB 487 is sponsored by Tramont, Chase (Republican) and Barnaby, Webster (Republican).
- What is the current status of HB 487?
- This bill died with 2025 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HB 487?
- Track HB 487 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 2 months ago · updated continuously
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