TechFlow news, on February 25, according to Cointelegraph, the South Dakota House Committee on Commerce and Energy voted on February 24 to postpone consideration of HB 1202 until the 41st legislative day. Since the state's legislative session lasts a maximum of 40 days, this decision effectively kills the bill.
The bill, introduced by state representative Logan Manhart on January 30, aimed to allow up to 10% of the state's public funds to be invested in bitcoin. Manhart said he plans to reintroduce the bill in 2026. Currently, similar bills in North Dakota, Montana, and Wyoming have also failed to pass, while related legislation remains under consideration in Florida, Arizona, Utah, Ohio, Missouri, and Kentucky.
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