The Texas Bitcoin Reserve Act is about to enter its second reading phase, after which a final vote will be held

Dennis Porter, co-founder of Satoshi Action Fund (SAF), tweeted that the second reading of Texas' Strategic Bitcoin Reserve Act will take place on May 20th and is a necessary step before the final vote. If the SB 21 bill is not passed before the June 2nd recess, it will become invalid and will need to be reintroduced at the next meeting. If approved by the entire House of Representatives before June 2nd, it will be submitted to Governor Greg Abbott for signature. Previously, it was reported that the Texas House Committee has passed the Bitcoin Reserve Act, which will be submitted to the plenary session for a vote. Related reading: Progress of Bitcoin Strategic Reserve Act in Various States of the United States | Continuously updated