The civic record
Read. Follow. Verify.Missouri House Bill 2080 Creates State Cryptocurrency Reserve and Authorizes Digital Asset Payments
Last action · March 12, 2026: HCS Reported Do Pass (H)Sponsors: Ben Keathley and 2 others
Track this bill to get notified when it advances a stage. One tap to stop, anytime.
What This Bill Would Do
Missouri HB 2080 establishes the Bitcoin Strategic Reserve Fund in the state treasury, allows the state treasurer to hold, invest, and manage digital assets, and requires all governmental entities to accept approved cryptocurrency for taxes, fees, and fines. The measure mandates a five-year holding period for donated bitcoin, prohibits transactions with foreign or illegal entities, and requires biennial transparency reports. Additionally, the legislation authorizes the state treasurer to invest state funds directly in cryptocurrency.
The measure introduces digital assets into Missouri's public finance and tax collection systems, affecting state treasury operations and providing residents and businesses with a new payment option for state and local government fees.
Who It Would Affect
Groups the bill's text would affect if enacted, as described in the record. Being affected is not a position for or against it.
Missouri residents
Residents gain the option to donate bitcoin to the state reserve and to use approved cryptocurrency to pay taxes, fees, and fines to governmental entities.
State Treasurer
The state treasurer is tasked with managing the reserve fund, establishing secure cold storage and auditing protocols, determining donor eligibility, and publishing biennial reports.
Governmental entities
All governmental entities must accept Department of Revenue-approved cryptocurrency for taxes, fees, and fines, and may pass associated service fees onto payers.
Key Facts
- Creates the Bitcoin Strategic Reserve Fund in the state treasury as a dedicated fund that does not revert to general revenue at the end of the biennium.
- Mandates that the state treasurer store all collected bitcoin for a minimum of five years from the date it enters state custody before it can be transferred, sold, or converted.
- Prohibits transactions involving foreign countries, out-of-state entities or individuals, or those known to engage in illegal activities.
- Requires the state treasurer to develop a straightforward contribution process for Missouri residents and issue certificates of acknowledgment or public honors for significant donors.
Show all 8 facts
- Authorizes the state treasurer to invest, purchase, and hold cryptocurrency using state funds.
- Requires all governmental entities to accept cryptocurrency, as approved by the department of revenue, for the payment of taxes, fees, costs, charges, assessments, fines, or other expenses.
- Permits governmental entities to require payers to cover service fees associated with cryptocurrency transactions.
- Requires the state treasurer to prepare a biennial report published before December 31 of each even-numbered year detailing fund holdings, equivalent USD value, growth, transactions, and security threats.
Frequently Asked Questions
What happens to donated bitcoin after it is given to the state?
Can I use cryptocurrency to pay state and local taxes or fees?
Are there restrictions on who can donate cryptocurrency to the state?
What else do you want to know?
News Coverage
Bias ratings based on AllSides / Media Bias/Fact Check
Follow the record
Votes, people, money & the original sourceWhere This Stands
Currently in committee. The next step in the legislative lifecycle is Floor Vote.
Procedural history
8 actions- Mar 12, 2026HouseCommitteeHCS Reported Do Pass (H)
- Mar 11, 2026HouseCommitteeHCS Voted Do Pass (H)
- Mar 11, 2026HouseExecutive Session Completed (H)
- Feb 25, 2026HousePublic Hearing Completed (H)
- Feb 19, 2026HouseCommitteeReferred: Commerce(H)
- Jan 8, 2026HouseFloorRead Second Time (H)
Show 2 earlier actions
- Jan 7, 2026HouseIntroducedRead First Time (H)
- Dec 1, 2025HouseIntroducedPrefiled (H)
Version history
Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.
View official text →Lobbying Activity
No state lobbying filings in our records match this bill. Federal lobbying reports (LDA) cover Congress, so they are not listed on state bills.
Full breakdown
Who this bill affects and the strongest case for and against it, written only from the bill’s own text.
Sponsors
Connected Entities
Sources
house.mo.gov
Analysis Score
0–100- Significance75How much this matters to a regular citizen
- Controversy60Intensity of disagreement among stakeholders
- Entertainment15Compellingness for a non-policy-wonk reader
- Buzz65Current news / social attention level
Publisher tools