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The Arizona Bitcoin Reserve Bill has entered the second reading stage in the House, marking the fastest progress among current states.
On March 19, the Arizona Bitcoin Reserve Bill entered the second reading of the House of Representatives, making it the fastest state in the deliberations of the Bitcoin Reserve Bill in the United States. The third reading or final vote in the House of Representatives has not yet been completed. The legislative process usually includes committee review, debate, and voting, depending on the House's schedule, possible amendments, and political consultations. The historical time nodes are as follows: · Senate First Reading: February 3, 2025 · Senate Second Reading: February 24, 2025 · Senate Third Reading: February 27, 2025, passed by 17 votes in favor, 12 against, and 1 invalid · First Reading of the House of Representatives: March 6, 2025 · House Second Reading: March 10, 2025From historical data, the time it takes for a bill to pass from the House Second Reading varies on a case-by-case basis and can take weeks to months. If all goes well and there are no major controversies or delays, the bill could complete the House process and finally pass in April or May 2025. However, this is only based on general estimates, and actual times may vary due to political factors or procedural complexity.