Florida · 2026 Regular Session · Bill
HB 1039: Establishment and Administration of a State Cryptocurrency Reserve
Did not advance Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
- Did not advance
Last official action: ·Record last updated:
Plain-language summary
HB 1039 is a bill introduced in the Florida House on January 6, 2026. According to its official title, it concerns: Establishment and Administration of a State Cryptocurrency Reserve. Primary sponsor: Meg Weinberger (Republican), John Snyder (Republican), Insurance & Banking Subcommittee, Commerce Committee. It lists 1 additional sponsor. Most recent recorded action (March 13, 2026): Died on Second Reading Calendar.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
Establishment and Administration of a State Cryptocurrency Reserve; Establishes Florida Strategic Cryptocurrency Reserve Fund as special fund assigned to SBA; provides for objective, custody, administration, & management of reserve; provides sources of reserve; authorizes Legislature to appropriate funds for deposit to credit of reserve for specified purposes; authorizes board to pay certain costs using cryptocurrency in reserve or net proceed from sale of cryptocurrency in reserve; authorizes transfer of reserve money to State Treasury; authorizes board to dispose of certain cryptocurrency received by reserve; provides requirements for cryptocurrency to be purchased for reserve; authorizes contracts with third parties for administration or management of reserve; authorizes board to use derivatives; authorizes contracts with certified public accountants for independent audits; establishes Florida Strategic Cryptocurrency Reserve Fund Advisory Committee within board; provides for committee membership; provides duties & terms of committee members; requires board to adopt rules; requires board to provide to Legislature certain information relating to reserve.
Sponsors
Sponsors by party (alphabetical): Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Meg Weinberger | Primary sponsor | Republican | House | 94 |
| John Snyder | Primary sponsor | Republican | House | 86 |
| Insurance & Banking Subcommittee | Primary sponsor | Not applicable (committee) | — | — |
| Commerce Committee | Primary sponsor | Not applicable (committee) | — | — |
| Webster Barnaby | Co-sponsor | Republican | House | 29 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Died on Second Reading Calendar
- Added to Second Reading Calendar
- 1st Reading (Committee Substitute 2)
- Bill referred to House Calendar
- CS Filed
- Laid on Table under Rule 7.18(a)
- Reported out of Commerce Committee
- Favorable with CS by Commerce Committee
- Added to Commerce Committee agenda
- 1st Reading (Committee Substitute 1)
- Now in Commerce Committee
- Referred to Commerce Committee
Showing 12 most recent of 24 actions. Full history