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.
← Back to Webster Barnaby's profile
{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}