According to Cointelegraph, the Georgia Senate has introduced Bill 228 (SB 228), which proposes to amend Title 50, Title 17, Section 3 of the state code regarding state depositories, authorizing the state depository board to allow the state treasury to invest in bitcoin. The bill, co-sponsored by five senators including Senator Esteves of the 35th District, is awaiting consideration by the Georgia General Assembly. It would require the state Treasury to establish policies and procedures for the receipt, storage and trading of bitcoins, and would require state holdings to comply with those policies.