Inflation Protection Act of 2026

West Virginia's SB 143, the "Inflation Protection Act of 2026," allows the state Treasury Board and state retirement funds to invest up to 10% of public funds in specified assets. These include precious metals (gold, silver, platinum), digital assets with a $750 billion+ average market cap (like Bitcoin), and approved stablecoins. The bill requires all digital assets to be held via secure custody solutions meeting strict security standards (e.g., encrypted storage, multi-party governance), and mandates physical or exchange-traded holding for precious metals. This directly affects West Virginia's state treasury management and retirement fund operations, enabling new investment options while imposing clear limits and security requirements.