Died in Appropriations Committee on Agriculture, Environment, and General Government
Summary
The bill would set up the Florida Cryptocurrency Reserve, a trust fund within the Chief Financial Officer’s office, funded by legislative appropriations, dedicated revenue, and any cryptocurrency bought with those monies. The reserve would acquire, hold, manage, and sell cryptocurrencies to diversify the state’s investment portfolio and provide a hedge against inflation. It is scheduled to terminate on July 1, 2030 unless ended earlier, with a required review before that date.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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