Michigan’s legislators have revived a sleeping proposal that could enable the state to invest public resources in crypto.
On September 18, the Management and Budget Act, also known as House Bill 4087, went to its second reading and was referred to the Huiscommissie for public operations, with which he ended for more than seven months of legislative inactivity.
Introduced by Republican representatives Bryan Posthumus and Ron Robinson, wants to create the measure a ‘strategic crypto reserve’.
According to the legislative proposal, the treasurer of the state can allocate up to 10% of the money from the General Fund, the Contracyclic budget and the Economic Stabilization Fund to digital assets.
The legislators claim that this would give Michigan an extra tool to cover against financial decline.
In the meantime, the bill outlined strict rules for managing the proposed reserve.
The treasurer can crypto the guardianship by qualified preservators, secure storage providers or products traded with exchange. It also makes lending of digital assets possible, provided that such actions are not a financial risk.
HB 4087 is still in the early stages of the legislative process, but its revival is remarkable. The proposal was established in February 2025 and the players in the industry had assumed that the Momentum initiative lost.
Michigan’s legislators, however, seem to be a renewed interest in promoting the digital activist policy at the level of the state by helping the account ahead.
Thus, if the measure ultimately releases the legislative power and receives the Governor’s signature, Michigan would become the fourth US state that formally accepts a crypto reserve, next to Texas, Arizona and New Hampshire.
Data from Bitcoin Reserve laws shows that Michigan is now striking sixth under states that reflect the gradual distribution of Bitcoin legislation at state level.
The efforts of these states coincide with developments at the federal level, where the administration led by Donald Trump makes gigantic progress in integrating crypto into the economy.
Earlier this month, the American House of Representatives introduced a bill in which the Ministry of Finance was instructed to evaluate the feasibility of a national strategic Bitcoin and a broader digital assets stock.