SB 1025 - Authorizes Arizona's Treasury and State Retirement System to Invest up to 10% of its Available Funds into Bitcoin - Arizona Key Vote
Timeline
- Executive Vetoed
- May 2, 2025
- House Bill Passed
- April 28, 2025
- Senate Bill Passed
- Feb. 27, 2025
- Introduced
- Jan. 14, 2025
Related Issues
Stage Details
Title: Authorizes Arizona's Treasury and State Retirement System to Invest up to 10% of its Available Funds into Bitcoin
Title: Authorizes Arizona's Treasury and State Retirement System to Invest up to 10% of its Available Funds into Bitcoin
Vote Smart's Synopsis:
Vote to pass a bill that authorizes Arizona's Treasury and state retirement system to invest up to 10% of its available funds into Bitcoin.
Highlights:
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Authorizes Arizona's Treasury and state retirement system to invest up to 10% of its available funds into Bitcoin (Sec. 1).
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Authorizes for the state’s Bitcoin reserve to be stored in a secure, segregated account inside a federal Bitcoin reserve, should one be established (Sec. 1).
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Defines this bill as the Arizona Strategic Bitcoin Reserve Act and shall become effective immediately upon passage and approval by the Governor (Sec. 2).
Title: Authorizes Arizona's Treasury and State Retirement System to Invest up to 10% of its Available Funds into Bitcoin
Vote Smart's Synopsis:
Vote to pass a bill that authorizes Arizona's Treasury and state retirement system to invest up to 10% of its available funds into Bitcoin.
Highlights:
-
Authorizes Arizona's Treasury and state retirement system to invest up to 10% of its available funds into Bitcoin (Sec. 1).
-
Authorizes for the state’s Bitcoin reserve to be stored in a secure, segregated account inside a federal Bitcoin reserve, should one be established (Sec. 1).
-
Defines this bill as the Arizona Strategic Bitcoin Reserve Act and shall become effective immediately upon passage and approval by the Governor (Sec. 2).
Title: Authorizes Arizona's Treasury and State Retirement System to Invest up to 10% of its Available Funds into Bitcoin