SB557
Commonwealth Strategic Cryptocurrency Reserve Fund; established, report.
Status:
Killed
Latest Action:
Feb. 4, 2026
Senate: Passed by indefinitely in General Laws and Technology (13-Y 2-N)
Chief Patron:
Bryce Reeves (R)
Session:
2026 Regular Session
Summary
As Introduced. Commonwealth Strategic Cryptocurrency Reserve Fund established; report.
Establishes the Commonwealth Strategic Cryptocurrency Reserve Fund (the Reserve Fund) in the Department of the Treasury for the purpose of investing in bitcoin or other cryptocurrency. The bill also establishes the Commonwealth Strategic Cryptocurrency Reserve Fund Advisory Committee for the purpose of advising the State Treasurer regarding the administration and ... (More) management of the Reserve Fund. Finally, the bill specifies that the State Treasurer shall submit to the General Assembly a biennial report on the content, administration, and management of the Reserve Fund. (Less)-
Bill History
- 01/14/2026 - Senate: Prefiled and ordered printed; Offered 01-14-2026 26100797D
- 01/14/2026 - Senate: Referred to Committee on General Laws and Technology
- 01/21/2026 - Senate: Fiscal Impact Statement from Department of Planning and Budget (SB557)
- 02/04/2026 - Senate: Passed by indefinitely in General Laws and Technology (13-Y 2-N)
