South Dakota Lawmaker Takes Another Run at Bitcoin Reserve Bill

Legislation Overview

Representative Logan Manhart introduced the Bitcoin BTCUSD reserve bill, HB 1155, in South Dakota’s legislature. The legislation aims to permit the state’s Investment Council to allocate public funds toward Bitcoin investments.

Previous Attempts and Status

The state representative introduced similar legislation shortly after taking office in 2025, but the bill was deferred and not signed into law. Despite this, Rep. Manhart plans to push for its revival in the upcoming legislative session.

Context and Response

South Dakota lawmakers previously rejected a Bitcoin reserve bill, citing concerns over market volatility. However, the proposal has been revisited, reflecting broader interest in digital assets within state financial policy.

Related Legislative Actions

• A 2025 House Concurrent Resolution 6006 urges the State Investment Council to invest in Bitcoin.
• South Dakota is following a trend seen in other states, with policy discussions on digital asset investments gaining momentum.

來源：https://cointelegraph.com/news/south-dakota-bitcoin-reserve-bill