Idaho Capitol Watch

HB 586: FINANACIAL ACCOUNTABILITY STABLECOIN TRANSACTION ACT – Adds to existing law to establish the Financial Accountability Stablecoin Transaction (FAST) Act to provide for the authorization and use of payment stablecoins.

Establishes the FAST Act to authorize optional use of federally-qualified payment stablecoins for state vendor payments, aligning with federal GENIUS Act standards to reduce costs and improve efficiency.

Status

Reported Printed (February 5, 2026) · Originated in the Idaho House · Introduced February 4, 2026

Sponsors

  • BUSINESS COMMITTEE

Committees

  • JRA for Printing

Bill history

  • February 4, 2026 — House: Introduced, read first time, referred to JRA for Printing
  • February 5, 2026 — House: Reported Printed and Referred to Business

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Canonical URL: https://idahocapitolwatch.com/bills/2026-HB586