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CS/CS/HB 1311 — Legal Tender
by Commerce Committee; Insurance & Banking Subcommittee; and Rep. Bankson and others (CS/SB 1588 by Rules Committee and Senators Gruters and Rodriguez)
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Banking and Insurance Committee (BI)
CS/CS/HB 1311 prevents the automatic repeal of ch. 2025-100, L.O.F., which recognizes gold and silver coin as legal tender in Florida and enacts associated regulations. The bill also ratifies rules adopted by the Financial Services Commission and the Department of Financial Services related to ch. 2025-100, L.O.F. The result of repealing the automatic repeal clause and ratifying the rules will be for ch. 2025-100, L.O.F., to take effect on July 1, 2026.
If approved by the Governor, or allowed to become law without the Governor's signature, these provisions take effect upon becoming law.
Vote: Senate 32-1; House 108-0