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    CS/SB 1038: Florida Strategic Cryptocurrency Reserve

    GENERAL BILL by Banking and Insurance, Gruters

    Florida Strategic Cryptocurrency Reserve; Creating the “Florida Strategic Cryptocurrency Reserve Act”; authorizing the Chief Financial Officer to take certain actions in administering and managing the Florida Strategic Cryptocurrency Reserve; authorizing payment of the reasonable cost of administering and managing the reserve from a specified source; authorizing the Chief Financial Officer to purchase cryptocurrency for the reserve only if a specified condition is met; creating the Florida Strategic Cryptocurrency Reserve Advisory Committee for a specified purpose, etc.

    Effective Date: On July 1, 2026, but only if SB 1040 or similar legislation takes effect, if such legislation is adopted in the same legislative session or an extension thereof and becomes a law

    Last Action: 3/13/2026 Senate - Died in Appropriations Committee on Agriculture, Environment, and General Government

    Bill Text [pdf]

    Current Bill Version Posted: 1/29/2026 02:20 PM


    • Related Bills (2)

      Bill Number Subject Filed By Last Action and Location Relationship Learn more about bill relationships
      S 1040 (c1) by Gruters
      Trust Funds/Florida Cryptocurrency Reserve
      Last Action: 3/13/2026 S Died in Appropriations Committee on Agriculture, Environment, and General Government
      Linked
      H 1039 (c2) by Insurance & Banking Subcommittee
      Establishment and Administration of a State Cryptocurrency Reserve
      Last Action: 3/13/2026 H Died on Second Reading Calendar
      Compare
    • Citations - Statute (3)

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      215.991 Page 2 (pdf)
      215.992 Page 2 (pdf)
      215.993 Page 5 (pdf)
    • Bill History

      S = Senate, H = House

      12/30/2025 S • Filed
      1/7/2026 S • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
      1/13/2026 S • Introduced
      1/23/2026 S • On Committee agenda-- Banking and Insurance, 01/28/26, 10:30 am, 412 Knott Building
      1/28/2026 S • CS by Banking and Insurance; YEAS 10 NAYS 0
      1/29/2026 S • Pending reference review under Rule 4.7(2) - (Committee Substitute)
      • Now in Appropriations Committee on Agriculture, Environment, and General Government
      2/4/2026 S • CS by Banking and Insurance read 1st time
      3/13/2026 S • Died in Appropriations Committee on Agriculture, Environment, and General Government
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