Bill Commons

FL HB 1039

dead

Establishment and Administration of a State Cryptocurrency Reserve

Florida · 2026 Regular Session · lower

Quick answers

Did FL HB 1039 pass?

No. FL HB 1039 did not pass — it was defeated or died in the legislative process (2026-03-13). Latest recorded action (2026-03-13): Died on Second Reading Calendar

What is FL HB 1039 about?

Establishment and Administration of a State Cryptocurrency Reserve; Establishes Florida Strategic Cryptocurrency Reserve Fund as special fund assigned to SBA; provides for objective, custody, administration, & management of reserve; provides sources of reserve; authorizes Legislature to appropriate funds for deposit to credit of reserve for specified purposes; authorizes board to pay certain costs using cryptocurrency in reserve or net proceed from sale of cryptocurrency in reserve; authorizes transfer of reserve money to State Treasury; authorizes board to dispose of certain cryptocurrency received by reserve; provides requirements for cryptocurrency to be purchased for reserve; authorizes contracts with third parties for administration or management of reserve; authorizes board to use derivatives; authorizes contracts with certified public accountants for independent audits; establishes Florida Strategic Cryptocurrency Reserve Fund Advisory Committee within board; provides for committee membership; provides duties & terms of committee members; requires board to adopt rules; requires board to provide to Legislature certain information relating to reserve.

Who sponsors FL HB 1039?

Weinberger, Snyder, Insurance & Banking Subcommittee and 1 others are the primary sponsors of FL HB 1039, joined by 1 cosponsor.

Description

Establishment and Administration of a State Cryptocurrency Reserve; Establishes Florida Strategic Cryptocurrency Reserve Fund as special fund assigned to SBA; provides for objective, custody, administration, & management of reserve; provides sources of reserve; authorizes Legislature to appropriate funds for deposit to credit of reserve for specified purposes; authorizes board to pay certain costs using cryptocurrency in reserve or net proceed from sale of cryptocurrency in reserve; authorizes transfer of reserve money to State Treasury; authorizes board to dispose of certain cryptocurrency received by reserve; provides requirements for cryptocurrency to be purchased for reserve; authorizes contracts with third parties for administration or management of reserve; authorizes board to use derivatives; authorizes contracts with certified public accountants for independent audits; establishes Florida Strategic Cryptocurrency Reserve Fund Advisory Committee within board; provides for committee membership; provides duties & terms of committee members; requires board to adopt rules; requires board to provide to Legislature certain information relating to reserve.

Introduced
Latest action
2026-03-13 — Died on Second Reading Calendar
Bill type
bill
Last updated

Subjects

Sponsors

  • Weinbergerprimary
  • Snyderprimary
  • Insurance & Banking Subcommitteeprimary
  • Commerce Committeeprimary
  • Barnabycosponsor

Committees

Not provided by source.

Action timeline

  1. 2026-01-06

    Filed

    filing

  2. 2026-01-12

    Referred to Insurance & Banking Subcommittee

    referral-committee

  3. 2026-01-12

    Referred to Government Operations Subcommittee

    referral-committee

  4. 2026-01-12

    Referred to State Administration Budget Subcommittee

    referral-committee

  5. 2026-01-12

    Referred to Commerce Committee

    referral-committee

  6. 2026-01-12

    Now in Insurance & Banking Subcommittee

  7. 2026-01-13

    1st Reading (Original Filed Version)

    filing,reading-1

  8. 2026-02-09

    Added to Insurance & Banking Subcommittee agenda

  9. 2026-02-11

    Favorable with CS by Insurance & Banking Subcommittee

    committee-passage-favorable

  10. 2026-02-12

    Reported out of Insurance & Banking Subcommittee

  11. 2026-02-12

    Laid on Table under Rule 7.18(a)

    deferral

  12. 2026-02-12

    CS Filed

    filing

  13. 2026-02-13

    Referred to Commerce Committee

    referral-committee

  14. 2026-02-13

    Now in Commerce Committee

  15. 2026-02-13

    1st Reading (Committee Substitute 1)

    reading-1

  16. 2026-02-20

    Added to Commerce Committee agenda

  17. 2026-02-24

    Favorable with CS by Commerce Committee

    committee-passage-favorable

  18. 2026-02-27

    Reported out of Commerce Committee

  19. 2026-02-27

    Laid on Table under Rule 7.18(a)

    deferral

  20. 2026-02-27

    CS Filed

    filing

  21. 2026-03-02

    Bill referred to House Calendar

  22. 2026-03-02

    1st Reading (Committee Substitute 2)

    reading-1

  23. 2026-03-02

    Added to Second Reading Calendar

  24. 2026-03-13

    Died on Second Reading Calendar

    failure

Versions

Documents

Votes

  • Favorable With Committee Substitute (Insurance & Banking Subcommittee)

    2026-02-11 · pass · 18-0

  • Favorable With Committee Substitute (Commerce Committee)

    2026-02-24 · pass · 22-2

Related bills

No related bills recorded for this bill.

Official source

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:19:20.677932Z

Inspect retained evidence for changes recorded after evidence tracking began:

Use this data

Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=FL&identifier=HB 1039. See the API docs or the MCP server for AI assistants.

Known limitations

  • Sponsor party and chamber affiliation are not yet captured by this API.
  • Committee referrals are not yet captured.

See the methodology page for data sources and limitations.