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HB 1121 VA
Introduced

Precious metals commodities and virtual currency; investment of public funds.

VA · session 2026 · Assembly / House · bill

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Introduced Jan 14, 2026

Latest action (Feb 13, 2026) Stricken from docket by Appropriations (22-Y 0-N)

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)

Action history (7)

  1. Jan 14, 2026 Prefiled and ordered printed; Offered 01-14-2026 26102247D · lower
  2. Jan 14, 2026 Referred to Committee on General Laws · lower
  3. Jan 21, 2026 Fiscal Impact Statement from Department of Planning and Budget (HB1121) · lower
  4. Feb 3, 2026 Referred from General Laws and referred to Appropriations (Voice Vote) · lower
  5. Feb 3, 2026 Assigned HAPP sub: General Government and Capital Outlay · lower
  6. Feb 6, 2026 Subcommittee recommends striking from the docket (7-Y 0-N) · lower
  7. Feb 13, 2026 Stricken from docket by Appropriations (22-Y 0-N) · lower

Text versions (2)

The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.

  • Introduced · PDF
  • Introduced · HTML

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