SB1025
Arizona Strategic Bitcoin Reserve Act
Date of Vote: February 27, 2025
Chamber of Origin: SenateThe Arizona Strategic Bitcoin Reserve Act amends the Arizona Revised Statutes to permit public funds to invest up to ten percent of their holdings in virtual currencies. It also allows for the storage of these virtual currency holdings in a secure segregated account if the U.S. Secretary of the Treasury establishes a strategic Bitcoin reserve. The act defines 'public fund' as the state treasurer or a retirement system and clarifies what constitutes virtual currency. This legislation aims to modernize the investment strategies of public funds in Arizona by incorporating digital assets.1
Turning Point Action’s Position
Voted YEA
17VOTED NAY
11Voted yea
Voted nay
Not voting
Present
Abstaining
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