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HB 1155·SD·house

permit the state to invest in Bitcoin.

FailedFiled Jan 27, 2026
Sponsor: Manhart
Latest Action

Deferred to the 41st legislative day

Feb 6, 2026

Summary

The bill would let the State Investment Council put a portion of state money into Bitcoin, defining the cryptocurrency and setting strict storage rules. It caps Bitcoin holdings at ten percent of the money the state can invest and requires a secure, multi‑party custody system. The measure failed after being deferred to the 41st legislative day.

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

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