Texas Representative Ron Reynolds has introduced a bill allowing each city or county to invest up to $10 million in public funds in Bitcoin.
The bill, HB 815, was filed Monday. If passed, the limit would take effect on September 1, 2027. This is a proposal, not an enacted fiscal policy.
· The scope determines the actual scale: the cap would apply separately to each city and county, so the total would depend on how many local governments participate.
· So far, the bill has only been introduced; no details have been disclosed about voting, enactment, or implementation.
If the bill comes up for a vote, would you look first at the number of participating cities or the investment cap per entity?
$BTC
The bill, HB 815, was filed Monday. If passed, the limit would take effect on September 1, 2027. This is a proposal, not an enacted fiscal policy.
· The scope determines the actual scale: the cap would apply separately to each city and county, so the total would depend on how many local governments participate.
· So far, the bill has only been introduced; no details have been disclosed about voting, enactment, or implementation.
If the bill comes up for a vote, would you look first at the number of participating cities or the investment cap per entity?
$BTC
