Iowa Strategic Bitcoin Reserve
Current status is PROPOSED
HF 246 introduced to allow investment of public funds in digital assets and precious metals
Using rainy day funds, Iowa could purchase 9,300 BTC assuming a BTC price of $100,000
Timeline
2/8/2025Bill: HF 246Read More →
PROPOSED
House File 246 introduced to authorize investment of public moneys in digital assets and precious metals
Key Details:
Allows investment of public funds in digital assets
Includes precious metals investment provisions
Requires development of investment policies
Establishes framework for custody and management
1/15/2025
NOT PROPOSED
No proposed legislation
Rainy day fund data source: National Association of State Budget Officers