Texas · 89th Legislature (2025) · Bill

SB 21: Relating to the establishment and administration of the Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds.

Enacted Last action June 20, 2025: Effective immediately

Plain-language summary

SB 21 is a bill introduced in the Texas Senate on February 12, 2025. According to its official title, it concerns: Relating to the establishment and administration of the Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds. Primary sponsor: Charles Schwertner (Republican), Giovanni Capriglione (Republican), Tom Oliverson (Republican), Oscar Longoria (Democratic), Cody Vasut (Republican), Charles Cunningham (Republican). It lists 28 additional sponsors. Most recent recorded action (June 20, 2025): Effective immediately.

Sponsors

Primary sponsors: Charles Schwertner (Republican); Giovanni Capriglione (Republican); Tom Oliverson (Republican); Oscar Longoria (Democratic); and 2 more. 28 co-sponsors.