Texas Bitcoin Reserve Bill Heads to Second Reading, Before Final Vote

05-18

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PANews news on May 18th, Satoshi Action Fund (SAF) co-founder Dennis Porter tweeted that the second reading of the strategic Bitcoin reserve bill in Texas will take place on May 20th, and the second reading is a "necessary step" before the final vote. If the SB 21 bill is not passed before the adjournment on June 2nd, it will become invalid and will need to be reintroduced in the next session. If it is passed by the full House before June 2nd, it will be submitted to Governor Greg Abbott for signature.

Previous news, the Texas House committee passed the Bitcoin reserve bill, which will be submitted for a full session vote.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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