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HB1121

Precious metals commodities and virtual currency; investment of public funds.

Status:
In House

Latest Action: Feb. 3, 2026
House: Assigned HAPP sub: General Government and Capital Outlay

Chief Patron:
Wendell Walker (R)

Session:
2026 Regular Session

Summary

As Introduced. Investment of public funds; precious metals commodities; virtual currency.

Authorizes public entities to invest public funds, except sinking funds, in (i) commodities exchange-traded products, defined in the bill, that invest in precious metals and (ii) virtual currencies. The bill requires the Treasury Board to establish and maintain strict guidelines concerning any investments authorized in the bill and requires public entities making such investments to monitor the performance of such investments for compliance with the guidelines. (Less)
  • Bill History

  • 01/14/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26102247D
  • 01/14/2026 - House: Referred to Committee on General Laws
  • 01/21/2026 - House: Fiscal Impact Statement from Department of Planning and Budget (HB1121)
  • 02/03/2026 - House: Placed on General Laws Agenda
  • 02/03/2026 - House: Referred from General Laws and referred to Appropriations (Voice Vote)
  • 02/03/2026 - House: Referred to Committee on Appropriations
  • 02/03/2026 - House: Assigned HAPP sub: General Government and Capital Outlay

Full text and vote history:

Virginia Legislative Information System

RichmondSunlight.com


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