Kansas introduces invoice to determine Bitcoin and digital property reserve fund

A Kansas lawmaker has launched Senate Invoice 352 (SB352), which might create a Bitcoin and digital property reserve funded by staking rewards, airdrops, and curiosity from unclaimed digital property held by the state.

The invoice, launched on January 21, 2026, by Senator Craig Bowser, would modernize Kansas’ unclaimed property regulation to incorporate digital property and set up a “Bitcoin and Digital Belongings Reserve Fund” managed by the state treasurer.

Underneath the proposal, digital property could be handled as unclaimed property after three years of no proprietor exercise or communication, at which level custodians comparable to exchanges or banks could be required to switch the property of their native type to the state or a licensed certified custodian.

The state could be permitted to stake eligible property whereas holding them, producing staking rewards, airdrops, and curiosity, whereas the unique proprietor retains the suitable to reclaim the underlying asset at any time.

If the property stay unclaimed for one more three years, all related staking rewards, airdrops, and curiosity generated whereas the state held the asset would mechanically circulate into the Bitcoin and Digital Belongings Reserve Fund, with 10% of non-Bitcoin deposits credited to the final fund and all spending topic to legislative approval.

SB352 builds on earlier Kansas crypto efforts, together with tax incentives for blockchain startups. A associated invoice, SB34, was launched in January 2025 to permit the Kansas Public Workers Retirement System to put money into Bitcoin ETFs beneath particular limitations.

The Kansas proposal aligns with related legislative initiatives in Wyoming and Texas, in addition to federal efforts just like the BITCOIN Act.