Issue Date: | 2025-06-25 |
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Revised Date: |
Legal Citations
- Government Code ch. 403.703
Origin:
S.B. 21 and H.B. 4488, 89th Leg., R.S.
Purpose
Special fund created outside of the state treasury held by the Texas Treasury Safekeeping Trust Company. The fund consists of legislative appropriations, revenue dedicated for deposit to the reserve, bitcoin and other cryptocurrency, investment earnings, interest or awards earned on assets in the reserve.
To be used to invest in bitcoin and other cryptocurrencies, as well as, administering and managing the reserve. The comptroller may not transfer money in the reserve to the state treasury unless authorized by the legislature in the General Appropriations Act or another law.
Classification | Group 10: Local Operating [?] |
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Depository Interest | Retained in fund. |
Disposition of Balance | Accumulative |
Appropriation Technique | Not appropriated |
Administering Agencies
Financial Activity
To view this appropriated fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Note
USAS Values
USAS Title | |
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Consolidated Fund | |
State Fund Group | |
USAS Status |