The Texas Bitcoin Reserve Act is scheduled for a second review on May 20th

Odaily Planet Daily News: The Texas Legislature is pushing for a bill called SB21 to establish the Texas Strategic Bitcoin Reserve. The bill has been submitted to the state House of Representatives and is expected to undergo a second review on May 20th. If ultimately approved, Texas will become the third state government in the United States to approve the establishment of a Bitcoin reserve, following New Hampshire and Arizona. It is reported that the bill authorizes state accountants to establish special funds outside of the Treasury Department to purchase digital assets with a market value exceeding $500 billion, currently only including Bitcoin. Funding sources may include legislative appropriations, airdrops, forks, investment returns, and public or private donations. Reserve assets will be stored in cold wallets and supervised by an advisory committee. （DL News）