STATE BILLWV SB 560ENGROSSED

Relating to financing and state payments

State of West Virginia

The purpose of this bill is to create the "Financial Accountability Stable Token Act," or "FAST Act," for finance and state payments; authorize the use of qualifying stable tokens for payments to state vendors and contractors; establish eligibility and reserve requirements; provide for administration and oversight by the State Treasurer; provide for rulemaking and reporting; and provide for severability.

Status
Engrossed
Passed its first chamber
Status date
Feb 25, 2026
260 days ago
Current chamber
House of Delegates
Session
2026 Regular Session
WV SB 560 · EngrossedFeb 25

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What it means for vendors

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Bill details

Last action
To House Finance · Feb 26, 2026
Pending committee
Finance

Sponsors

BHBrian HeltonSenator · Republican · SD-009Primary sponsor
CRChris RoseSenator · Republican · SD-002
JBJason BarrettSenator · Republican · SD-016
TWTom WillisSenator · Republican · SD-015

Bill history

Newest first.

Feb 26, 2026To House FinanceHouse
Feb 26, 2026To FinanceHouse
Feb 26, 2026Introduced in HouseHouse
Feb 26, 2026House received Senate messageHouse
Feb 25, 2026Ordered to HouseSenate
Feb 25, 2026Passed Senate (Roll No. 223)Senate
Feb 25, 2026Read 3rd timeSenate
Feb 25, 2026On 3rd readingSenate
Show 11 earlier actions
Feb 24, 2026Read 2nd timeSenate
Feb 24, 2026On 2nd readingSenate
Feb 23, 2026Read 1st timeSenate
Feb 23, 2026On 1st readingSenate
Feb 21, 2026Reported do passSenate
Feb 12, 2026To FinanceSenate
Feb 12, 2026Committee substitute reported, but first to FinanceSenate
Jan 21, 2026To Banking and InsuranceSenate
Jan 21, 2026Introduced in SenateSenate
Jan 21, 2026To Banking and Insurance then FinanceSenate
Jan 21, 2026Filed for introductionSenate

Recorded vote

Passed Senate (Roll No. 223)Feb 25, 2026 · Senate · 34 yea · 0 nayPassed

Subjects

  • Finance and Administration

Read the bill at the source

This page follows the bill as the legislature records it. For the bill's full text and the official record, use the legislature's own site.

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