BlockBeats News, March 20th, according to Bitcoin_Laws, the Bitcoin Reserve Bill HB1217 in Missouri has been submitted to the House Committee on Government Affairs. This is one of the slower-moving advancements in the state-level Strategic Bitcoin Reserve (SBR) bills and has now entered the committee stage six weeks after its introduction.
BlockBeats previously reported that on February 7th, Missouri State Representative Ben Keathley introduced House Bill 1217, proposing the establishment of a Bitcoin Strategic Reserve Fund to diversify the state's investment portfolio. If this bill becomes law, it would allow the Missouri State Treasurer to "receive, invest, and hold bitcoin in certain circumstances."
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