Bill Summary
HB 1415 Use of Digital Currency by the Department of Financial Services (2026 Session)
Use of Digital Currency by the Department of Financial Services: Establishes Florida Stablecoin Pilot Program within DFS; authorizes DFS to engage in certain activities, designate one or more payment stablecoins for certain activities, & accept payment stablecoins; requires that certain payment stablecoins meet specified criteria; authorizes program participants to elect to voluntarily participate in program & remit payment stablecoins to compatible digital wallet address; requires certain participants to provide DFS with such address; requires DFS to comply with certain requirements & provide such address for specified purpose; authorizes DFS to conduct examinations, audits, & investigations of permitted payment stablecoin issuers; requires DFS to coordinate with OFR under certain circumstances; requires DFS to monitor & evaluate pilot program & collect certain data; requires DFS to submit annual report containing certain information to Governor & Legislature beginning on specified date & annually thereafter; authorizes DFS to adopt rules. Effective Date: upon becoming a law
01/09/26
HOUSE
Filed
01/15/26
HOUSE
Referred to Insurance & Banking Subcommittee; State Administration Budget Subcommittee; Commerce Committee
01/15/26
HOUSE
Now in Insurance & Banking Subcommittee
02/09/26
HOUSE
On Committee agenda - Insurance & Banking Subcommittee, 02/11/26, 9:00 am, 17 H
02/11/26
HOUSE
Favorable with CS by Insurance & Banking Subcommittee; 17 Yeas, 0 Nays
02/12/26
HOUSE
Committee Substitute Text (C1) Filed
02/13/26
HOUSE
Reference to State Administration Budget Subcommittee removed; Remaining reference: Commerce Committee
02/13/26
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; 22 Yeas, 1 Nay
02/26/26
HOUSE
Committee Substitute Text (C2) Filed
03/02/26
HOUSE
Placed on Calendar, on 2nd reading
03/11/26
HOUSE
Laid on Table, refer to CS/CS/SB 1568
No amendments to this bill text filed.
17.72
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