Missouri lawmakers have advanced a revived Bitcoin strategic reserve proposal, sending it to the House Commerce Committee for the next stage of review.
Bill moves to committee
House Bill 2080 was referred to the House Commerce Committee on Feb. 19.
The bill is expected to go through a public hearing, a committee vote, and possible amendments before returning to the House for debate and a final vote.
What the proposal would allow
Rep. Ben Keathley introduced HB 2080 in January.
According to the legislation’s summary the bill would allow the state treasurer to:
Invest, purchase, and hold cryptocurrency using state funds.
It would also allow the treasurer to accept gifts, grants, and donations from Missouri residents or government entities to help fund the reserve.
The treasurer would be authorized to store bitcoin for five years, after which it could be transferred, sold, or converted into another token.
Transactions involving foreign countries or entities outside Missouri would be prohibited.
Another provision would allow government entities to accept Department of Revenue-approved crypto for taxes, fees, fines, and other payments.
Timeline and next steps
The Missouri House lists a proposed effective date of Aug. 28.
If the bill passes the House, it would move to the Senate for readings, committee review, floor debate, and a vote, before reaching Gov. Mike Kehoe.
Similar effort stalled last year
Keathley introduced a similar measure, House Bill 1217, in February 2025.
That bill received a public hearing in March 2025 but did not get a committee vote and was ultimately abandoned.
