Key facts
- The bill would permit Texas cities to put up to $10 million into Bitcoin, per Bitcoin Magazine.
- The measure is a filed bill, not enacted law, and no vote or committee action is reported.
A Texas state representative filed a bill on November 10, 2026 that would allow cities in the state to invest up to $10 million in Bitcoin, Bitcoin Magazine reported. The report does not name the lawmaker who filed the measure.
The bill is a proposal. It would need to pass the Texas legislature and be signed before any city could invest under its terms, and the report describes no committee hearing, vote or scheduled action on it.
Bitcoin Magazine did not state how many cities might use the authority or what assets would fund such investments.