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SB 57 Ohio Senate · 136th Legislature (2025-2026)

Enact the Ohio Bitcoin Reserve Act

Summary
To amend sections 9.16, 113.40, and 2981.12 and to enact sections 135.146 and 5703.83 of the Revised Code to authorize investment of state funds in bitcoin, to require state entities to accept payment in cryptocurrency, and to name this act the Ohio Bitcoin Reserve Act.
Issues: ✓ Budget & TaxesSupports Budget & TaxesBill authorizes investment of state funds in bitcoin and requires state entities to accept cryptocurrency payments, directly impacting state fiscal management and revenue collection.90% confidence ✓ TechnologySupports TechnologyThe bill promotes the use and acceptance of cryptocurrency (Bitcoin) by the state, thereby advancing the integration and adoption of digital technology within state operations.95% confidence
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 28, 2025 Last action Jan 29, 2025
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Jan 29, 2025
Committee
Referred to committee
upper
Jan 28, 2025
Introduced
Introduced
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Sandy O'Brien
Sandy O'Brien
RRepublican
OH
32