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HB 51·MD·house

Strategic Digital Asset Reserve Act of Maryland

FailedFiled Oct 15, 2025
Sponsor: Taveras
Latest Action

Hearing 2/03 at 1:30 p.m. (House)

Feb 3, 2026

Summary

The bill establishes a special, non‑lapse fund that will hold money seized from certain gambling violations and any other appropriated resources, and directs the State Treasurer to invest those funds exclusively in cryptocurrency. It affects the State Treasurer, the Comptroller, law‑enforcement agencies that seize money, and the state’s overall finances. The measure aims to generate a reserve asset for Maryland through crypto investments.

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Hearings

History

  1. Hearing canceled
  2. Hearing 2/03 at 1:30 p.m.
  3. Hearing 2/03 at 1:00 p.m.
  4. First Reading Economic Matters
  5. Pre-filed

Sponsors

  • Taveras · sponsor

Bill text

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