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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 • Feb 19, 2025: Now in Insurance & Banking Subcommittee
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H 487 Filed

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  • 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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