Policy Reference

Texas

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

United States
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Law database

4 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
Texas SB 21: Strategic Bitcoin Reserve and Investment Act SB 21 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Charles Schwertner (R)

Relating to the establishment and administration of the Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds.

Texas SB 21 creates a special fund outside the state treasury for bitcoin and qualifying cryptocurrency, administered by the comptroller with advisory, custody, liquidity, audit, and biennial reporting provisions.

Last action: Jun 20, 2025 - Signed by the Governor; effective immediately.

Next: Dec 31, 2026 - First biennial reserve report

Profile State source SB 21 enrolled bill text
Texas Strategic Bitcoin Reserve and Investment Act SB 21 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Charles Schwertner (R)

Relating to the establishment and administration of the Texas Strategic Bitcoin Reserve for the purpose of investing in cryptocurrency and the investment authority of the comptroller of public accounts over the reserve and certain other state funds.

Texas SB 21 creates a state-managed Strategic Bitcoin Reserve under the Comptroller, limiting purchases to high-market-cap crypto assets and requiring advisory, custody, audit, and biennial reporting mechanisms.

Last action: Jun 20, 2025 - Effective immediately after governor signature on June 20, 2025.

Next: Dec 31, 2026 - Biennial report deadline

Profile State source SB 21 Enrolled Bill Text
Texas Virtual Currency Mining Facility Registration Regime SB 1929 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Sponsored by Sen. Nathan Johnson (D)

Senate Bill 1929 — relating to the registration of virtual currency mining facilities in the ERCOT power region that demand a large load of interruptible power

Texas SB 1929 and PUCT Rule 16 TAC §25.114 require qualifying virtual currency mining facilities in ERCOT to register as large flexible loads and report facility and load data.

Last action: Jun 9, 2023 - Signed by Governor; effective September 1, 2023.

Next: Mar 1, 2027 - Annual registration renewal

Profile State source Milestone source
Dead 1
Texas Virtual Currency Kiosk Regulation (SB 1705) SB 1705 Expired Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Inactive Enacted Enacted: Pending Effective Effective: Pending

Sponsored by Sen. Tan Parker (R)

An Act relating to the regulation of virtual currency kiosks; providing an administrative penalty.

Texas SB 1705 would have regulated virtual currency kiosks through registration, disclosures, reporting, fraud controls, transaction limits, ID checks, customer service, and enforcement. It expired after the 2025 regular session.

Last action: May 27, 2025 - Placed on House General State Calendar; no final House passage before the regular session ended.

Profile State source

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