Tex. Gov't Code § 403.707 · Subchapter V. TEXAS STRATEGIC BITCOIN RESERVE
TEXAS STRATEGIC BITCOIN RESERVE ADVISORY COMMITTEE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In this section, "committee" means the Texas Strategic Bitcoin Reserve advisory committee.
(b) The committee is composed of the following five members:
(1) the comptroller;
(2) one member of the comptroller's investment advisory board established under Section 404.028, appointed by the comptroller; and
(3) three members with expertise in cryptocurrency investments, appointed by the comptroller.
(c) The committee shall advise the comptroller regarding the administration and management of the reserve, including:
(1) recommendations for valuing assets in the reserve; and
(2) the establishment of prudent investment policies relating to the investment objectives of and asset allocation in the reserve.
(d) A member of the committee is not entitled to receive compensation for service on the committee or reimbursement for expenses incurred in the performance of official duties as a member of the committee.
(e) Members of the committee appointed by the comptroller serve at the will of the comptroller.
(f) Chapter 2110 does not apply to the committee.
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 35c46a040c43ad26b938688625ba3a99aa10dd346cc3c448b160e951849d87c3
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.