Bill Summary

HB 175 Payment Stablecoin (2026 Session)
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Sponsors
by Barnaby, Giallombardo Co Sponsors: Fabricio CS Sponsors: Insurance & Banking Subcommittee, Commerce Committee
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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; 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; 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. Effective Date: upon becoming a law
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committees of reference
   H Insurance & Banking Subcommittee
   H Commerce Committee
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Actions
10/15/25
HOUSE 
Filed
10/21/25
HOUSE 
Referred to Insurance & Banking Subcommittee; Commerce Committee
10/21/25
HOUSE 
Now in Insurance & Banking Subcommittee
02/09/26
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 02/11/26, 9:00 am, 17 H - PCS
02/11/26
HOUSE 
Favorable with CS by Insurance & Banking Subcommittee; 17 Yeas, 0 Nays
02/13/26
HOUSE 
Committee Substitute Text (C1) Filed
02/16/26
HOUSE 
Now in Commerce Committee
02/20/26
HOUSE 
On Committee agenda - Commerce Committee, 02/24/26, 3:00 pm, 404 H
02/25/26
HOUSE 
Favorable with CS by Commerce Committee on 02/24/26; 24 Yeas, 0 Nays
02/26/26
HOUSE 
Committee Substitute Text (C2) Filed
02/26/26
HOUSE 
Referred to House Calendar
02/26/26
HOUSE 
Placed on Special Order Calendar, 03/03/26
03/03/26
HOUSE 
Read Second Time; Amendment Adopted (586903); Read Third Time; Passed (Vote: 102 Yeas / 2 Nays)
03/03/26
HOUSE 
Engrossed Text (E1) Filed
03/03/26
SENATE
In Messages
03/03/26
SENATE
Received; Referred to Rules
03/05/26
SENATE
Withdrawn from Rules; Placed on Calendar, on 2nd reading; Substituted for SB 0314; Read Second Time; Read Third Time; Passed (Vote: 37 Yeas / 0 Nays)
03/05/26
HOUSE 
Ordered enrolled
03/05/26
HOUSE 
Enrolled Text (ER) Filed
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bill text & filed amendments
0175
Filed on 10/15/25
PDF
Amendment 1000 PCS
Insurance & Banking Sub
Filed on 02/09/26
Adopted
PDF
0175C1
Filed on 02/13/26
PDF
Amendment 337249 DE
Barnaby
Filed on 02/23/26
Withdrawn
PDF
Amendment 415819 DE
Giallombardo
Filed on 02/24/26
Adopted
PDF
0175C2
Filed on 02/26/26
PDF
Amendment 618355
Barnaby
Filed on 02/27/26
Replaced by Substitute Amendment
PDF
Amendment 586903 SA
Barnaby
Filed on 02/27/26
Adopted on 2nd Reading
PDF
0175E1
Filed on 03/03/26
PDF
Amendment 406294 DE
Burton
Filed on 03/03/26
Withdrawn
PDF
0175ER
Filed on 03/05/26
PDF
No amendments to this bill text filed.
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Statute Citations
560.103
560.123
560.125
560.501
560.502
560.503
560.504
560.505
560.506
655.5
658.19
658.997
Research & Reports
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