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Virginia · 2026 Regular Session · Bill

HB 1121: Precious metals commodities and virtual currency; investment of public funds.

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

HB 1121 is a bill introduced in the Virginia House on January 14, 2026. According to its official title, it concerns: Precious metals commodities and virtual currency; investment of public funds. Primary sponsor: Wendell Walker (Republican). Most recent recorded action (February 13, 2026): Stricken from docket by Appropriations (22-Y 0-N).

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.

Investment of public funds; precious metals commodities; virtual currency. Authorizes public entities to invest public funds, except sinking funds, in (i) commodities exchange-traded products, defined in the bill, that invest in precious metals and (ii) virtual currencies. The bill requires the Treasury Board to establish and maintain strict guidelines concerning any investments authorized in the bill and requires public entities making such investments to monitor the performance of such investments for compliance with the guidelines.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Wendell WalkerPrimary sponsorRepublicanHouse52

“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. Stricken from docket by Appropriations (22-Y 0-N)
  2. Subcommittee recommends striking from the docket (7-Y 0-N)
  3. Assigned HAPP sub: General Government and Capital Outlay
  4. Referred from General Laws and referred to Appropriations (Voice Vote)
  5. Fiscal Impact Statement from Department of Planning and Budget (HB1121)
  6. Referred to Committee on General Laws
  7. Prefiled and ordered printed; Offered 01-14-2026 26102247D

Sources

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