Florida · 2026 Regular Session · Bill
SB 1038: Florida Strategic 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
SB 1038 is a bill introduced in the Florida Senate on December 30, 2025. According to its official title, it concerns: Florida Strategic Cryptocurrency Reserve. Primary sponsor: Joe Gruters (Republican), Banking and Insurance. Most recent recorded action (March 13, 2026): Died in Appropriations Committee on Agriculture, Environment, and General Government.
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.
Florida Strategic Cryptocurrency Reserve; Creating the “Florida Strategic Cryptocurrency Reserve Act”; authorizing the Chief Financial Officer to take certain actions in administering and managing the Florida Strategic Cryptocurrency Reserve; authorizing payment of the reasonable cost of administering and managing the reserve from a specified source; authorizing the Chief Financial Officer to purchase cryptocurrency for the reserve only if a specified condition is met; creating the Florida Strategic Cryptocurrency Reserve Advisory Committee for a specified purpose, etc.
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Joe Gruters | Primary sponsor | Republican | Senate | 22 |
| Banking and Insurance | Primary sponsor | Not applicable (committee) | — | — |
“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 in Appropriations Committee on Agriculture, Environment, and General Government
- CS by Banking and Insurance read 1st time
- Now in Appropriations Committee on Agriculture, Environment, and General Government
- Pending reference review under Rule 4.7(2) - (Committee Substitute)
- CS by Banking and Insurance; YEAS 10 NAYS 0
- On Committee agenda-- Banking and Insurance, 01/28/26, 10:30 am, 412 Knott Building
- Introduced
- Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
- Filed