HB 1155
permit the state to invest in Bitcoin.
Take action
Record your position on this measure.
Sign in to record your position, submit testimony, or contact your legislator.
Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill would allow the State of South Dakota to invest a portion of its public funds, up to 10%, in Bitcoin. It defines key terms related to Bitcoin and cryptocurrency, outlines specific requirements for holding Bitcoin investments, and mandates the use of secure custody solutions. The bill also establishes guidelines for the State Investment Council’s investment decisions regarding digital assets.
Sponsors
Official sponsors from legislative records.
Primary sponsors
Logan Manhart
Cosponsors
Arguments in favor
Reasons to support this legislation.
No arguments in favor have been submitted.
Submit yoursArguments opposed
Reasons to oppose this legislation.
No arguments opposed have been submitted.
Submit yoursRead the latest version inline or switch to a previous version.