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HB 487
  • Introduced
    Feb 10, 2025
  • Passed House
  • Passed Senate
  • Signed into Law
HB 487
Florida House Bill
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Investments of Public Funds in Bitcoin; Authorizes CFO to invest in Bitcoin any money from certain public funds; provides limits to such investments; provides requirements for holding such Bitcoin; authorizes CFO & other parties to loan Bitcoin in state funds; requires taxes & fees paid in Bitcoin to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Trustees of SBA to invest & reinvest available funds of System Trust Fund in Bitcoin; provides that investments of public funds in Bitcoin are exempt from certain security requirements.
Last Action See all actions
House • Apr 10, 2025: Now in Government Operations Subcommittee
Latest Bill Text See all bill texts
H 487 Filed

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Votes
Apr 10, 2025, House
Favorable (Insurance & Banking Subcommittee)
YES: 18
NO: 0
OTHER: 0
YES: 18

NO: 0

    OTHER: 0
    Sources
    Actions
    • Apr 10, 2025 | House
      • Favorable by Insurance & Banking Subcommittee
      • Reported out of Insurance & Banking Subcommittee
      • Now in Government Operations Subcommittee
    • Apr 08, 2025 | House
      • Added to Insurance & Banking Subcommittee agenda
    • Mar 04, 2025 | House
      • 1st Reading (Original Filed Version)
    • Feb 19, 2025 | House
      • Referred to Insurance & Banking Subcommittee
      • Referred to Government Operations Subcommittee
      • Referred to Ways & Means Committee
      • Referred to Commerce Committee
      • Now in Insurance & Banking Subcommittee
    • Feb 10, 2025 | House
      • Filed
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