Florida Senate Bill 550 (Prefiled Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 7 2025 - 25% progression
Action: 2025-02-07 - Filed
Text: Latest bill text (Introduced) [HTML]

Authorizing the Chief Financial Officer to make investments in Bitcoin and other digital assets for a certain purpose; requiring the Chief Financial Officer to maintain flexibility in certain investment decisions; authorizing the Chief Financial Officer to invest money in Bitcoin from certain public funds; authorizing the Trustees of the State Board of Administration to invest and reinvest available funds of the System Trust Fund in Bitcoin; providing that investments of public funds in Bitcoin are exempt from certain security requirements, etc.

Investments of Public Funds in Bitcoin

Sen. Joe Gruters [R]

Date	Chamber	Action
2025-02-07	Senate	Filed

H487 (Similar To) 2025-02-10 - Filed

Chapter	Article	Section	Citation Type	Statute Text
121	151		Amended Code	See Bill Text
17	57		Amended Code	See Bill Text
17	573		Amended Code	See Bill Text
17	61		Amended Code	See Bill Text
280	03		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2025/550
Text	https://www.flsenate.gov/Session/Bill/2025/550/BillText/Filed/HTML