Investments and Deposits of Public Funds

Where it is in the process

Plain-English Summary

Provides option for public money to be invested in digital assets & exchange-traded products; authorizes CFO, in managing state funds, to include digital assets & exchange-traded products as stores of value & potential hedges against inflation; provides requirements for holding acquired digital assets; authorizes CFO & other parties to loan digital assets in state funds if such loans are collateralized & comply with fiduciary standards; requires taxes & fees paid in digital assets to be transfer…

Source: OpenStates · fetched March 13, 2026

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