Pennsylvania

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Pennsylvania introduced the Bitcoin Strategic Reserve Act in 2024, proposing to allow the state treasurer to invest up to 10% of the state's general fund, rainy day fund, and state investment fund in Bitcoin. The bill passed committee review and gained significant bipartisan support. Pennsylvania is one of the most populous states to seriously advance a Bitcoin reserve bill through the legislative process.

Details

State
Pennsylvania
Region
Northeast
Status
in_committee
Income Tax
Yes
Legislation
Bitcoin Strategic Reserve Act (2024)
Abbreviation
PA
Bitcoin Mining Rights
No
Bitcoin Friendly Score
medium

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