Tex. Gov't Code § 403.704 · Subchapter V. TEXAS STRATEGIC BITCOIN RESERVE
MARKET CAPITALIZATION REQUIREMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Bitcoin or other cryptocurrency purchased using money in the reserve must have an average market capitalization of at least $500 billion over the most recent 24-month period.
Notes and commentary — not statutory text
History
Added by Acts 2025, 89th Leg., R.S., Ch. 957 (S.B. 21), Sec. 2, eff. June 20, 2025.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.403.htm
- Text hash
- sha256 4fc77b141e92f0c042704c205def9eedd4fa06d9de10cf5cd14b4f44c963709d
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Gov't Code § 403.704. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.