The Texas Strategic Bitcoin Reserve Act will be reviewed for the second time on May 20th According to DL News, the Texas State Legislature is pushing for a bill called the "Texas Strategic Bitcoin Reserve" (officially known as SB21). 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. 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. The sources of funding may include legislative appropriations, airdrops, forks, investment returns, and public or private donations. The reserve assets will be stored in a cold wallet and supervised by an advisory committee.