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Florida · 2026 Regular Session · Bill

SB 1040: Trust Funds/Florida Cryptocurrency Reserve

Did not advance Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted
  6. Did not advance

Last official action: ·Record last updated:

Plain-language summary

SB 1040 is a bill introduced in the Florida Senate on December 30, 2025. According to its official title, it concerns: Trust Funds/Florida 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.

Trust Funds/Florida Cryptocurrency Reserve; Creating the Florida Cryptocurrency Reserve, a trust fund, within the office of the Chief Financial Officer; providing for the source of funds and the purpose of the reserve; providing for future review and termination or re-creation of the reserve, etc.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Joe GrutersPrimary sponsorRepublicanSenate22
Banking and InsurancePrimary sponsorNot 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

  1. Died in Appropriations Committee on Agriculture, Environment, and General Government
  2. CS by Banking and Insurance read 1st time
  3. Now in Appropriations Committee on Agriculture, Environment, and General Government
  4. Pending reference review under Rule 4.7(2) - (Committee Substitute)
  5. CS by Banking and Insurance; YEAS 10 NAYS 0
  6. On Committee agenda-- Banking and Insurance, 01/28/26, 10:30 am, 412 Knott Building
  7. Introduced
  8. Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Appropriations
  9. Filed

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source