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Read. Follow. Verify.West Virginia Senate Bill 143 Authorizes State Investment in Precious Metals and Digital Assets
Last action · January 14, 2026: To Banking and InsuranceSponsor: Chris Rose
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What This Bill Proposed
West Virginia allows the Board of Treasury Investments and state retirement funds to allocate up to 10% of public funds into precious metals, qualifying s, and stablecoins under specific custody and regulatory rules.
Changes allowable asset classes for state-managed public and retirement funds, establishing strict cryptographic and physical custody requirements for digital holdings and precious metals.
Who It Would Have Affected
Groups the bill's text would have affected, as described in the record. Being affected is not a position for or against it.
Board of Treasury Investments
Gains the authority to invest public funds in precious metals, digital assets, and stablecoins up to a 10% cap.
State Retirement Fund
Permitted to invest in SEC- or CFTC-registered Exchange Traded Products.
State Treasurer
Must oversee secure custody solutions, manage digital asset staking, and propose rules for legislative approval.
Key Facts
You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.
Frequently Asked Questions
What types of digital assets are eligible for state investment?
What is the maximum amount of public funds that can be invested in these assets?
What else do you want to know?
News Coverage
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Votes, people, money & the original sourceWhere This Stands
This bill did not become law - Died at adjournment · in Senate committee.
Procedural history
4 actions- Jan 14, 2026SenateCommitteeTo Banking and Insurance
- Jan 14, 2026SenateIntroducedIntroduced in Senate
- Jan 14, 2026SenateCommitteeTo Banking and Insurance then Finance
- Jan 14, 2026SenateIntroducedFiled for introduction
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
www.wvlegislature.gov
Analysis Score
0–100- Significance20Lowered because this bill did not pass (its text scored 65)
- Controversy40Intensity of disagreement among stakeholders
- Entertainment10Compellingness for a non-policy-wonk reader
- Buzz35Current news / social attention level
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