Florida Lawmakers Push for Crypto Reserve Strategy at 2026 Legislative Session

Florida lawmakers have introduced a bill that seeks to authorize the state to invest specific public funds in ￰0￱ proposed legislation was introduced at the 2026 legislative ￰1￱ House Bill 183 authorizes the state’s chief financial officer to allocate 10% of public funds into Bitcoin and ￰2￱ specific public funds include the General Revenue Fund and the Budget Stabilization Fund. NEW: Florida files first Strategic Bitcoin Reserve bill of the 2026 legislative ￰3￱ Bill 183 would allow the state to invest 10% of public funds in digital assets, and permits retirement fund ￰4￱ — Bitcoin Laws (@Bitcoin_Laws) October 16, 2025 Further, the state’s retirement system would be subject to similar allocation guidelines, subject to some limitations and ￰5￱ Florida CFO Jimmy Patronis already advocated for the state to include Bitcoin in Pension Funds last ￰6￱ called Bitcoin “digital gold,” which would help diversify Florida’s ￰7￱ Custody and Compliance Measures The detailed proposal stipulates stringent custody safeguards, mandating that crypto holdings be managed by the CFO and through qualified ￰8￱ legislators crafted these guardrails to align with federal compliance standards and institutional investment best ￰9￱ legislation, if approved, would allow Floridians to pay certain taxes and fees in digital ￰10￱ payments would then be converted to dollars and sent to the state’s general revenue fund, the proposal read.

Besides, the bill clarifies that digital assets are not limited to Bitcoin or tokenized securities, but could also include non-fungible tokens (NFTs). Florida: From Stalling BTC Reserve Plans to Strategic Leap In May, Florida abandoned efforts to establish a strategic Bitcoin reserve, placing the state alongside Wyoming, Pennsylvania, Montana, and Oklahoma, which have recently failed to pass legislation allowing Bitcoin-based investment ￰11￱ latest bill proposal aligns with similar frameworks enacted by Arizona, New Hampshire, and Texas, per tracking platform Bitcoin Laws. Meanwhile, other states are preparing for new sessions in early ￰12￱ Bitcoin Reserve bills.