According to Bitcoin Magazine, Tennessee lawmakers will review the "Tennessee Strategic Bitcoin Reserve Act" (SB 2639) on April 21, which proposes authorizing the state treasurer to allocate a portion of state funds to BTC. The allocation cap for a single fund is set at 10%, with an annual purchase limit of 5% until the cap is reached. The bill has already passed the Senate Commerce and Labor Committee and has been submitted to the Finance Committee for review.