Bill Summary
HB 1039 Establishment and Administration of a State Cryptocurrency Reserve (2026 Session)
Establishment and Administration of a State Cryptocurrency Reserve: Establishes Florida Strategic Cryptocurrency Reserve as special fund outside State Treasury; provides sources of reserve; provides for administration & management of reserve; authorizes CFO to pay certain costs using cryptocurrency in reserve or net proceed from sale of cryptocurrency in reserve; provides for investment of money in reserve; authorizes transfer of reserve money to State Treasury under certain circumstances; provides requirements for cryptocurrency to be purchased for reserve; authorizes contracts with third parties for administration & management of reserve; authorizes CFO to use derivatives under certain circumstances; authorizes contracts with certified public accountants for independent audits; authorizes temporary transfers of money from reserve for specified purposes; establishes Florida Strategic Cryptocurrency Reserve Advisory Committee within Department of Financial Affairs. Effective Date: July 1, 2026
Committee references not assigned.
No amendments to this bill text filed.
17.613
Research & Reports
Revenue Estimating Coverence Reports, Veto, Transmittal letters and more. Learn more.
No reports related to this bill.
Upcoming Events
Florida's most comprehensive legislative calendar.
Learn more.
No events are scheduled at this time.
Press Releases
Related Press Announcements. Learn more.
No press releases related to this bill.
Features above are available to LobbyTools subscribers.
Request a free demo or call (850) 915-0100 ext. 2 to learn more.