Bill Summary

SB 1038 Florida Strategic Cryptocurrency Reserve (2026 Session)
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
12/30/25
SENATE
Filed
01/07/26
SENATE
Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
01/23/26
SENATE
On Committee agenda - Banking and Insurance, 01/28/26, 10:30 am, 412 K
01/28/26
SENATE
Favorable with CS by Banking and Insurance; 10 Yeas, 0 Nays
01/29/26
SENATE
Committee Substitute Text (C1) Filed
01/29/26
SENATE
Now in Appropriations Committee on Agriculture, Environment, and General Government
1038
Filed on 12/30/25
PDF
Amendment 152950
Filed on 01/27/26
Replaced by CS
1038C1
Filed on 01/29/26
PDF
No amendments to this bill text filed.
215.991
215.992
215.993
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