HB 1121 VA Introduced
Precious metals commodities and virtual currency; investment of public funds.
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Summary
Investment of public funds; precious metals commodities; virtual currency. Authorizes public entities to invest public funds, except sinking funds, in (i) commodities exchange-traded products, defined in the bill, that invest in precious metals and (ii) virtual currencies. The bill requires the Treasury Board to establish and maintain strict guidelines concerning any investments authorized in the bill and requires public entities making such investments to monitor the performance of such investments for compliance with the guidelines.
Sponsor (1)
- Wendell S. Walker Republican · primary
Action history (7)
- Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102247D · lower
- Jan 14, 2026 Referred to Committee on General Laws · lower
- Jan 21, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1121) · lower
- Feb 3, 2026 Referred from General Laws and referred to Appropriations (Voice Vote) · lower
- Feb 3, 2026 Assigned HAPP sub: General Government and Capital Outlay · lower
- Feb 6, 2026 Subcommittee recommends striking from the docket (7-Y 0-N) · lower
- Feb 13, 2026 Stricken from docket by Appropriations (22-Y 0-N) · lower
Text versions (2)
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