Policy Reference

Minnesota

Crypto law profiles, official sources, milestones, and related coverage for Minnesota.

United States
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Law database

2 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Dead 2
Minnesota Bitcoin Act (HF 2946) HF 2946 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Inactive Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Rep. Bernie Perryman (R)

Minnesota Bitcoin Act proposed; payments to the state by cryptocurrency allowed; State Board of Investment authorized to invest in cryptocurrency; tax provisions modified

Minnesota bill that proposed state crypto payments, State Board of Investment and pension crypto investment authority, and tax changes. Expired after the 2026 session without enactment.

Last action: Feb 26, 2026 - Author stricken Wolgamott.

Profile State source
Minnesota Bitcoin Act (SF 2661) SF 2661 Expired Details Draft Draft: Completed Intro Introduced: Inactive Committee In committee: Pending Passed Passed: Pending Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Jeremy R. Miller (R)

A bill for an act relating to finance; proposing the Minnesota Bitcoin Act; allowing payments to the state by cryptocurrency; authorizing the State Board of Investment to invest in cryptocurrency; modifying various tax provisions.

Minnesota Senate bill that would have allowed state crypto payments, authorized State Board of Investment crypto holdings, and modified tax treatment for crypto income and gains. It did not pass before 2026 sine die adjournment.

Last action: Mar 24, 2025 - Author added Bahr; earlier introduced and referred to State and Local Government.

Profile State source

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