Governor Abbott also signed HB 4488, a companion bill that shields the Bitcoin reserve from periodic treasury fund sweeps and affirms its legal standing even if no Bitcoin is purchased by summer 2025.
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Texas governor signs Bitcoin reserve bill into law
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Texas House Bill 4488, signed alongside SB 21 protects the Texas Strategic Bitcoin Reserve from being moved into the state’s general revenue fund and confirms its legal status even before any Bitcoin is bought
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Texas House Bill 4488 guarantees the legal existence of the Texas Strategic Bitcoin Reserve even if no Bitcoin is purchased by summer 2025.
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