{"id":34394,"date":"2025-05-19T13:15:00","date_gmt":"2025-05-19T13:15:00","guid":{"rendered":"https:\/\/onequity.com\/texas-bitcoin-reserve-bill-nears-critical-vote-ahead-of-june-deadline\/"},"modified":"2026-02-12T11:54:40","modified_gmt":"2026-02-12T11:54:40","slug":"texas-bitcoin-reserve-bill-nears-critical-vote-ahead-of-june-deadline","status":"publish","type":"post","link":"https:\/\/onequity.com\/pt\/texas-bitcoin-reserve-bill-nears-critical-vote-ahead-of-june-deadline\/","title":{"rendered":"Texas Bitcoin Reserve Bill Nears Critical Vote Ahead of June Deadline"},"content":{"rendered":"\n<p>Senate Bill 21 (SB 21), which would authorize the creation of a state-managed <a href=\"https:\/\/hub.onequity.com\/education\/12\/07\/2024\/is-bitcoin-the-future-unveiling-the-mystery-behind-the-cryptocurrency\/\">Bitcoin<\/a> reserve in Texas, is approaching a crucial vote in the Texas House of Representatives. With a June 2 deadline looming, the bill must pass quickly or risk expiration and reintroduction in a future legislative session.<\/p>\n\n\n\n<p>According to an update on the bill\u2019s official website, the House will soon conduct a second reading of SB 21\u2014an essential step before a final vote. Dennis Porter, co-founder and CEO of the Satoshi Action Fund, emphasized on Saturday that this reading is vital, as the Texas legislature is set to adjourn in less than two weeks, leaving little time for final approval.<\/p>\n\n\n\n<p>If the bill passes its second reading, it is expected to proceed swiftly to a third reading and final vote on the House floor. Should it clear that stage, SB 21 will be sent to the governor for signature.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Legislative Progress and Key Sponsors<\/strong><\/h2>\n\n\n\n<p>SB 21, officially titled the <strong>Texas Bitcoin Strategic Reserve and Investment Act<\/strong>, has already made significant progress. It passed the Texas Senate with a 25\u20135 vote on March 6 and advanced through the House Committee with a 9\u20134 vote on May 7, both without amendments.<\/p>\n\n\n\n<p>Authored by Senator Charles Schwertner and sponsored in the House by Representative Giovanni Capriglione, the bill seeks to position Bitcoin as a strategic financial asset for the state. The proposed reserve would aim to protect Texas\u2019s financial future by hedging against inflation and economic instability.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Funding and Eligibility Requirements<\/strong><\/h2>\n\n\n\n<p>The Bitcoin reserve would be funded through a mix of legislative appropriations, investment returns, and voluntary contributions from Texas residents. It would also include any crypto assets received via forks or airdrops.<\/p>\n\n\n\n<p>However, the bill imposes strict criteria for inclusion: only digital assets with a market capitalization of at least $500 billion over the past 12 months\u2014currently only Bitcoin\u2014would be eligible.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Texas Could Join a Small Group of Crypto-Adopting States<\/strong><\/h2>\n\n\n\n<p>If passed, Texas would become the third U.S. state to create an official Bitcoin reserve, following similar initiatives in New Hampshire and Arizona. New Hampshire led the way by passing House Bill 302 (HB 302) on May 6, establishing its own strategic Bitcoin reserve.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Senate Bill 21 (SB 21), which would authorize the creation of a state-managed Bitcoin reserve in Texas, is approaching a crucial vote in the Texas House of Representatives. With a June 2 deadline looming, the bill must pass quickly or risk expiration and reintroduction in a future legislative session. According to an update on the [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[211],"tags":[226,247,248],"class_list":["post-34394","post","type-post","status-publish","format-standard","hentry","category-cryptocurrencies-pt","tag-bitcoin-pt","tag-reserve-pt","tag-texas-pt"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Texas Bitcoin Reserve Bill Nears Critical Vote Ahead of June Deadline - OnEquity<\/title>\n<meta name=\"description\" content=\"Texas nears a key vote on SB 21 to create a Bitcoin reserve, aiming to hedge against inflation before the June 2 legislative deadline.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/onequity.com\/pt\/texas-bitcoin-reserve-bill-nears-critical-vote-ahead-of-june-deadline\/\" \/>\n<meta property=\"og:locale\" content=\"pt_PT\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Texas Bitcoin Reserve Bill Nears Critical Vote Ahead of June Deadline - 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