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
2/8/2025
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

Bill: HF 246Read More →
1/15/2025
NOT PROPOSED

No proposed legislation

Rainy day fund data source: National Association of State Budget Officers