Missouri lawmakers moved a new Missouri Bitcoin strategic reserve proposal forward last week.
The state referred House Bill 2080 (HB 2080) to the House Commerce Committee on Feb. 19 for review, according to the report you shared.
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Now, HB 2080 faces a public hearing, a committee vote, and possible changes. After that, the bill could return to the Missouri House for debate and a final vote.
The revived House Bill 2080 follows an earlier attempt. A similar proposal, House Bill 1217, reached a hearing stage last year but stopped before a committee vote.
HB 2080 Missouri Bitcoin Strategic Reserve Gives Treasurer New Authority
Representative Ben Keathley introduced House Bill 2080 in January. The bill would allow the Missouri state treasurer to “invest, purchase, and hold cryptocurrency using state funds,” based on the legislation’s summary.
The same Missouri Bitcoin strategic reserve plan also allows outside funding. It says the treasurer can accept gifts, grants, and donations from Missouri residents or government entities to support the Bitcoin reserve fund.
In addition, HB 2080 sets a holding window. The report says the treasurer can store Bitcoin (BTC) for five years. After that, the treasurer could transfer it, sell it, or convert it into another token.
House Bill 2080 Adds Five Year Hold Rule and Missouri Only Limits
House Bill 2080 includes limits on who can take part. The report says transactions involving foreign countries or entities outside Missouri are prohibited under the bill’s approach.
As a result, the Missouri Bitcoin strategic reserve would stay inside the state’s boundaries. The restrictions also aim to control how the state handles custody and movement of the reserve.
Separately, HB 2080 includes a payments section. The bill would allow government entities to accept crypto approved by the Department of Revenue. People could use that approved crypto to pay taxes, fees, fines, or other expenses owed.
HB 2080 Sets Aug. 28 Date and Maps the Next Vote Steps
A public hearing date has not been set yet, based on the report. However, the legislation lists a proposed effective date of Aug. 28 on the Missouri House site, according to the same coverage.
Next, the House Commerce Committee can hold the hearing and then vote. If the committee approves HB 2080, the bill could return to the full House for debate and a chamber vote.
After a House vote, House Bill 2080 would move to the Missouri Senate. The Senate would then run its own steps, including readings, committee review, floor debate, and a vote.
If both chambers pass the Missouri Bitcoin strategic reserve bill, it would go to Governor Mike Kehoe. He could sign the bill or veto it, as the process requires.
Missouri Bitcoin Strategic Reserve Bill Returns After HB 1217 Stalled
This is not Missouri’s first attempt at a Bitcoin strategic reserve approach. Ben Keathley introduced House Bill 1217 in February last year.
That earlier bill went to a committee and reached a public hearing in March. However, it did not receive a committee vote to move forward for House debate.
As a result, HB 1217 ended in the committee stage. Now, HB 2080 restarts the Missouri Bitcoin strategic reserve push, but under a new bill number and a new committee track.
Disclosure:This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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Tatevik Avetisyan is an editor at Kriptoworld who covers emerging crypto trends, blockchain innovation, and altcoin developments. She is passionate about breaking down complex stories for a global audience and making digital finance more accessible.
📅 Published: February 23, 2026 • 🕓 Last updated: February 23, 2026
