Florida House Bill 487
Session 2025
Investments of Public Funds in Bitcoin
Active
Failed in House on Jun 16, 2025
Origin Chamber
House
Type
Bill
Bill Number
487
State
Florida
Session
2025
House votes are unavailable for this bill.
Summary
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.
Bill Analysis -- Insurance & Banking Subcommittee (Post-Meeting) (4/10/2025 4:56 PM)
Sort by most recent
06/16/2025
House
Died in Government Operations Subcommittee
05/03/2025
House
Indefinitely postponed and withdrawn from consideration
04/10/2025
House
Now in Government Operations Subcommittee
04/10/2025
House
Reported out of Insurance & Banking Subcommittee
04/10/2025
House
Favorable by Insurance & Banking Subcommittee
04/08/2025
House
Added to Insurance & Banking Subcommittee agenda
03/04/2025
House
1st Reading (Original Filed Version)
02/19/2025
House
Now in Insurance & Banking Subcommittee
02/19/2025
House
Referred to Commerce Committee
02/19/2025
House
Referred to Ways & Means Committee
02/19/2025
House
Referred to Government Operations Subcommittee
02/19/2025
House
Referred to Insurance & Banking Subcommittee
02/10/2025
House
Filed
Sources
FL Legislature
Open States
Record Created
Feb 14, 2025 3:55:32 PM
Record Updated
Jul 16, 2025 4:01:40 AM