According to Cointelegraph, the US state of Tennessee's 'Bitcoin Strategic Reserve Bill' is scheduled to be presented at a Senate Finance Committee hearing on April 20 (local time). The bill allows the state government to invest up to 10% of public funds in BTC and hold it. The bill will be enacted through committee review, plenary sessions of the House and Senate, bicameral agreement, and the governor's signature. The current stage can be considered early to mid-stage.