HB 51 Maryland House of Delegates · 2026 Regular Session

Strategic Digital Asset Reserve Act of Maryland

HB 51 establishes Maryland's Digital Asset Reserve Fund, a permanent state fund to invest cryptocurrency using money seized from gambling violations (like illegal bookmaking or betting). The State Treasurer would manage this fund, directing forfeiture proceeds from gambling enforcement into cryptocurrency investments that meet a $500 billion market capitalization minimum. The bill modifies criminal procedure laws to redirect these seized funds to the new reserve instead of the general fund, and adds new rules for managing crypto assets securely. It does not affect general state tax revenue or other funding sources.
Bill status in committee 1 of 4 stages cleared
Introduction
Oct 2025
Committee Review
Floor Vote
Governor
Introduced Oct 15, 2025 Last action Feb 3, 2026
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
1
Jan 14, 2026
Committee
First Reading Economic Matters
lower
Oct 15, 2025
Introduced
Pre-filed
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Deni Taveras
Deni Taveras
DDemocratic
MD
47B