Bill Sponsor
Florida House Bill 175
Session 2026
Payment Stablecoin
Became Law
Became Law
Signed by Governor on Jun 26, 2026
Bill Intelligence

The bill outlines regulations for payment stablecoins, defining oversight, exemptions, minimum prudential requirements, and limitations on activities. It requires compliance with backing reserves, redemption policies, and financial disclosure, and prohibits deceptive conduct and interest imposition. The bill mandates certification and rulemaking for effective implementation, aiming to ensure issuer compliance with federal and state laws, financial safety, and consumer protections. Additionally, it details licensing, supervision, and regulations for qualified stablecoin issuers and organizations seeking authority to organize a bank or trust company, impacting stablecoin issuers, financial institutions, and consumer protections.

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AI-generated from the bill text (H 175 er)
This content was AI-generated from the text of the bill version H 175 er.
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Sponsors
Committee
Commerce Committee
Committee
Insurance & Banking Subcommittee
First Action
Oct 15, 2025
Latest Action
Jun 29, 2026
Origin Chamber
House
Type
Bill
Bill Number
175
State
Florida
Session
2026
Sponsorship by Party
Committee
Commerce Committee
Primary
Committee
Insurance & Banking Subcommittee
Primary
Republican
Primary
Republican
Primary
Republican
Cosponsor
House Votes (1)
Senate Votes (1)
checkPassed on March 3, 2026
Motion Text
Passage, Third Reading
House Roll Call Votes
Didn't Vote
Didn't Vote
Didn't Vote
Didn't Vote
Didn't Vote
Didn't Vote
Unknown
Smith
Yes
Didn't Vote
Summary
Payment Stablecoin; Revises Florida Control of Money Laundering in Money Services Business Act to include payment stablecoins; requires certain payment stablecoin issuers to comply with certain regulations; prohibits persons from engaging in activity of qualified payment stablecoin issuer without being licensed or exempted from licensure; requires out-of-state state-qualified payment stablecoin issuers to provide specified written notice to OFR within a specified timeframe; specifies that certain transactions are not regulated under certain provisions; specifies that certain payment stablecoin is not security & not subject to certain provisions; specifies that office remains solely responsible for supervising qualified payment stablecoin issuers or is jointly responsible with Office of Comptroller of Currency for such supervision under certain circumstances; prohibits trust company from engaging in activity of qualified payment stablecoin issuer unless trust company obtains certificate of approval or is exempted from such certificate.
Documents (6)
Bill Analysis -- Insurance & Banking Subcommittee (Post-Meeting) (6/29/2026 3:20 PM)
Bill Analysis -- Commerce Committee (Post-Meeting) (2/27/2026 1:54 PM)
586903 - Substitute Amendment (618355) to H 175 c2
06/29/2026
Florida Legislature
Chapter No. 2026-176
06/26/2026
Florida Legislature
Approved by Governor
06/15/2026
Florida Legislature
Signed by Officers and presented to Governor
03/05/2026
House
Ordered enrolled
03/05/2026
House
In Messages
03/05/2026
Senate
CS passed; YEAS 37 NAYS 0
03/05/2026
Senate
Read 3rd time
03/05/2026
Senate
Read 2nd time
03/05/2026
Senate
Substituted for CS/CS/SB 314
03/05/2026
Senate
Placed on Calendar, on 2nd reading
03/05/2026
Senate
Withdrawn from Rules
03/03/2026
Senate
Received
03/03/2026
Senate
Referred to Rules
03/03/2026
Senate
In Messages
03/03/2026
House
CS passed as amended; YEAS 102, NAYS 2
03/03/2026
House
Added to Third Reading Calendar
03/03/2026
House
Read 3rd time
03/03/2026
House
Amendment 618355 superseded by substitute
03/03/2026
House
Amendment 586903 adopted
03/03/2026
House
Read 2nd time
02/26/2026
House
1st Reading (Committee Substitute 2)
02/26/2026
House
Bill added to Special Order Calendar (3/3/2026)
02/26/2026
House
Bill referred to House Calendar
02/26/2026
House
CS Filed
02/26/2026
House
Laid on Table under Rule 7.18(a)
02/26/2026
House
Reported out of Commerce Committee
02/24/2026
House
Favorable with CS by Commerce Committee
02/20/2026
House
Added to Commerce Committee agenda
02/16/2026
House
Now in Commerce Committee
02/16/2026
House
Referred to Commerce Committee
02/13/2026
House
1st Reading (Committee Substitute 1)
02/13/2026
House
CS Filed
02/13/2026
House
Laid on Table under Rule 7.18(a)
02/13/2026
House
Reported out of Insurance & Banking Subcommittee
02/11/2026
House
Favorable with CS by Insurance & Banking Subcommittee
02/09/2026
House
PCS added to Insurance & Banking Subcommittee agenda
01/13/2026
House
1st Reading (Original Filed Version)
10/21/2025
House
Now in Insurance & Banking Subcommittee
10/21/2025
House
Referred to Commerce Committee
10/21/2025
House
Referred to Insurance & Banking Subcommittee
10/15/2025
House
Filed
Sources
Record Created
Nov 4, 2025 10:24:05 AM
Record Updated
Jul 19, 2026 2:29:05 PM