Bill Commons

VA SB 557

Status unknown

Commonwealth Strategic Cryptocurrency Reserve Fund; established, report.

Virginia · 2026 Regular Session · upper

Quick answers

Did VA SB 557 pass?

The current status of VA SB 557 is not known from the official record. Latest recorded action (2026-02-04): Passed by indefinitely in General Laws and Technology (13-Y 2-N)

What is VA SB 557 about?

Commonwealth Strategic Cryptocurrency Reserve Fund established; report. Establishes the Commonwealth Strategic Cryptocurrency Reserve Fund (the Reserve Fund) in the Department of the Treasury for the purpose of investing in bitcoin or other cryptocurrency. The bill also establishes the Commonwealth Strategic Cryptocurrency Reserve Fund Advisory Committee for the purpose of advising the State Treasurer regarding the administration and management of the Reserve Fund. Finally, the bill specifies that the State Treasurer shall submit to the General Assembly a biennial report on the content, administration, and management of the Reserve Fund.

Who sponsors VA SB 557?

Bryce E. Reeves is the primary sponsor of VA SB 557.

Description

Commonwealth Strategic Cryptocurrency Reserve Fund established; report. Establishes the Commonwealth Strategic Cryptocurrency Reserve Fund (the Reserve Fund) in the Department of the Treasury for the purpose of investing in bitcoin or other cryptocurrency. The bill also establishes the Commonwealth Strategic Cryptocurrency Reserve Fund Advisory Committee for the purpose of advising the State Treasurer regarding the administration and management of the Reserve Fund. Finally, the bill specifies that the State Treasurer shall submit to the General Assembly a biennial report on the content, administration, and management of the Reserve Fund.

Introduced
2026-01-14
Latest action
2026-02-04 — Passed by indefinitely in General Laws and Technology (13-Y 2-N)
Bill type
bill
Last updated
—

Sponsors

  • Bryce E. Reevesprimary

Committees

Not provided by source.

Action timeline

  1. 2026-01-14

    Prefiled and ordered printed; Offered 01-14-2026 26100797D

    filing,introduction

  2. 2026-01-14

    Referred to Committee on General Laws and Technology

    referral-committee

  3. 2026-01-21

    Fiscal Impact Statement from Department of Planning and Budget (SB557)

  4. 2026-02-04

    Passed by indefinitely in General Laws and Technology (13-Y 2-N)

    deferral

Versions

Documents

Votes

  • Passed by indefinitely in General Laws and Technology

    2026-02-04 · pass · 13-2

    Member-level votes (15)
    • Adam P. Ebbin: yes
    • Mamie E. Locke: yes
    • Bryce E. Reeves: no
    • Jeremy S. McPike: yes
    • Todd E. Pillion: yes
    • Aaron R. Rouse: yes
    • Christopher T. Head: yes
    • Emily M. Jordan: yes
    • Lashrecse D. Aird: yes
    • Schuyler T. VanValkenburg: yes
    • Danica A. Roem: yes
    • Jennifer D. Carroll Foy: yes
    • Timmy French: yes
    • Christie New Craig: no
    • Angelia Williams Graves: yes

Related bills

No related bills recorded for this bill.

Official source

https://lis.virginia.gov/bill-details/20261/SB557

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:35:59.552682Z

Inspect retained evidence for changes recorded after evidence tracking began:

Source and document changesStatus and relationship changes

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=VA&identifier=SB 557. 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.