Docket Room
SB 1649·AZ·senate

digital assets strategic reserve fund

FailedFiled Feb 3, 2026
Sponsor: Mark Finchem (R)
Latest Action

FAILED

Jun 9, 2026

Summary

The bill would establish a Digital Assets Strategic Reserve Fund that combines money appropriated by the legislature with digital assets seized, confiscated, or voluntarily surrendered to the state. The Arizona state treasurer would be tasked with depositing, safeguarding, investing, and possibly loaning those assets using approved custodial solutions or exchange‑traded products. The measure was intended to give Arizona a way to manage and earn returns on digital assets, but it failed to pass.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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