VirginiaPrecious metals commodities and virtual currency; investment of public funds.
What it does
Investment of public funds; precious metals commodities; virtual currency. Authorizes public entities to invest public funds, except sinking funds, in (i) commodities exchange-traded products, defined in the bill, that invest in precious metals and (ii) virtual currencies. The bill requires the Treasury Board to establish and maintain strict guidelines concerning any investments authorized in the bill and requires public entities making such investments to monitor the performance of such investments for compliance with the guidelines.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Feb 13Stricken from docket by Appropriations (22-Y 0-N)Latest
- Vote recorded Stricken from docket by Appropriations. Result: pass.Lower
- Feb 6Subcommittee recommends striking from the docket (7-Y 0-N)
- Vote recorded Subcommittee recommends striking from the docket. Result: pass.Lower
- Feb 3Assigned HAPP sub: General Government and Capital OutlayMinor
- Feb 3Referred from General Laws and referred to Appropriations (Voice Vote)Minor
- Jan 21Fiscal Impact Statement from Department of Planning and Budget (HB1121)
- Jan 14Referred to Committee on General LawsMinor
- Jan 14Prefiled and ordered printed; Offered 01-14-2026 26102247DIntroduced
- Feb 13Stricken from docket by Appropriations (22-Y 0-N)Latest