A committee of the New Hampshire Chamber adopted the Bitcoin Bill of the US Bitcoin Reserve during a 16-1 vote on March 5 – which makes it the last American state to send a Bitcoin bill to the House for a full vote.
According to Bitcoin, the Committee on the Chamber of Commerce and Consumer Consumption makes it one of the seven bills live from the US State to have gone to the Chamber, according to Bitcoin laws.
If it is adopted, the bill would allow the treasurer of the New Hampshire – at their discretion – to invest 5% of the general fund, the income stabilization fund or any other fund authorized by the Legislative Assembly.
New Hampshire update:
Bitcoin Reserve Bill HB302 adopted the Chamber and Consumer Affairs Commercial Committee.
The vote was 16 to 1 pic.twitter.com/7dpzfzxgda
– Bitcoin Laws (@bitcoin_laws) March 6, 2025
Although Bitcoin (BTC) is not specifically mentioned in the invoice, only digital assets which have an average of a market capitalization of $ 500 billion in the last calendar year are eligible for inclusion, which means that Bitcoin is the only digital asset that currently meets these criteria.
Any digital asset acquired must be held by a qualified goalkeeper or in the form of a product negotiated in exchange.
The bill would also authorize the treasurer of the New Hampshire to invest in precious metals such as gold, silver and platinum.
The New Hampshire bill was presented by Republican Keith Ammon on January 10. Bill 302 of the Chamber of Ammon was also co -spared by Democrats Chris Mcaleer and Carry Spier.
Source: Dennis Porter
During the session of the Chamber Committee of March 5, Ammon noted that the bill had been modified to remove the stabbed and the potential for staking.
He also added that the treasurer of New Hampshire, Monica Mezzapelle, expressed his interest in investing in assets of the bill at some point, if it was adopted.
The bill initially proposed that the treasurer can allocate up to 10% of these assets in the selected funds before it is changed to 5%.
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The New Hampshire joins North Carolina, Oklahoma and Texas, while states are now waiting for a full vote of their respective homes, while UTAH and two Arizona bills have already adopted this stage.
Race to implement a strategic bitcoin reserve at the American state level. Source: Bitcoin laws
Regulatory progress at the level of the state is involved while the American president Donald Trump announced a cryptographic strategic reserve on March 2 which would include Bitcoin, Ether (ETH), XRP (XRP), Solana (Sol) and Cardano (ADA).
However, it would probably be made up almost “entirely of Bitcoin”, said Bitwise investment director Matt Hougan on March 5.
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