Public finance; enacting the Strategic Bitcoin Reserve Act; definitions; investments; State Treasurer; assets; state retirement funds; digital assets; effective date.

Also relevant to:Senior (65+, Medicare/SS)

Where it is in the process

Plain-English Summary

This bill, known as the "Strategic Bitcoin Reserve Act," allows the Oklahoma State Treasurer to invest public funds from the State General Fund, Revenue Stabilization Fund, and Constitutional Reserve Fund in Bitcoin, certain other digital assets, and stablecoins. These investments cannot exceed 10% of the total funds in each account. The bill also permits state retirement funds to hold or invest in digital assets and requires any taxes or fees paid to the state in Bitcoin to be transferred to the State General Fund.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

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