Overview
- Introduced by state lawmaker Chris Rose, the Inflation Protection Act would let the Board of Treasury allocate a limited portion of reserves as an inflation hedge.
- The measure has been sent to the Legislature’s Committee on Banking and Insurance for review, and it has not secured clear support for advancement.
- Digital-asset exposure would be limited to holdings via qualified custodians, exchange-traded products or other approved institutional custody solutions.
- Stablecoins would be eligible only if they receive explicit approval from U.S. federal authorities or individual states.
- The proposal aligns with cautious state-level experiments seen in 2025, as a few states such as Texas, Arizona and New Hampshire adopted frameworks while federal legislation remains delayed.