South Dakota would add Bitcoin to the types of investments allowed for state public funds, expanding current law that limits investments to U.S. government bonds, corporate securities rated highly by credit agencies, and bank deposits. The change amends the state's investment rules to permit cryptocurrency holdings alongside traditional safe investments like treasury bonds and certificates of deposit.
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Commerce and Energy Deferred to the 41st legislative day Passed, YEAS 10, NAYS 3. H.J. 13
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 148
Prime sponsor · Rep
R
Dist. HD-001
Prime sponsor · Sen
R
Dist. SD-025
cosponsor · Rep
R
Dist. HD-004
cosponsor · Rep
R
Dist. HD-033
Timothy Goodwin
cosponsor · Rep
R
Dist. HD-030
Deferred to the 41st legislative day
Deferred to the 41st legislative day