Tex. Government Code § 403.702
This is the official text of Tex. Government Code § 403.702, part of Texas’s Government Code — covers the structure and operation of Texas state and local government.
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§ 403.702. LEGISLATIVE FINDINGS; PURPOSE.
Official statutory text
The legislature finds that:
(1) bitcoin and other cryptocurrencies are assets with strategic potential for enhancing this state's financial resilience;
(2) bitcoin and other cryptocurrencies can serve as a hedge against inflation and economic volatility; and
(3) the establishment of a strategic bitcoin reserve serves the public purpose of providing enhanced financial security to residents of this state.
(1) bitcoin and other cryptocurrencies are assets with strategic potential for enhancing this state's financial resilience;
(2) bitcoin and other cryptocurrencies can serve as a hedge against inflation and economic volatility; and
(3) the establishment of a strategic bitcoin reserve serves the public purpose of providing enhanced financial security to residents of this state.
Status: in_force · Read it on the official government site
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