TechFlow reported on March 5 that legislative process documents revealed the Texas Strategic Bitcoin Reserve and Investment Act was added to the Senate Intent Calendar on March 5, 2025, marking a step forward toward formal passage.
The bill previously passed the Business and Commerce Committee on March 4 with overwhelming support of 10 votes in favor, 0 opposed, and only one member absent. The legislation covers multiple areas including finance, state fiscal management and control, auditing, currency transactions, and public account audits. It will establish a "Texas Bitcoin Strategic Reserve Advisory Committee" responsible for overseeing the management of the state's bitcoin reserves.
Add to Favorites
Share to Social Media
