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Glossary of Legislative Terms

CS/SB 132: Legal Tender

GENERAL BILL by Banking and Insurance ; Rodriguez ; (CO-INTRODUCERS) Gruters ; Burgess

Legal Tender; Revising the sales and use tax of coin or currency tax exemption; specifying, beginning on a specified date, that gold coin and silver coin are legal tender for a specified purpose; requiring custodians of gold coin or silver coin which hold public deposits to meet certain requirements; prohibiting money services businesses from being required to offer certain products or services; prohibiting a person from engaging in or advertising that they engage in the activity of a custodian of gold or coin or silver coin for compensation without a license, etc.

Effective Date: Upon becoming a law
 Last Action: 4/17/2025 Senate - On Committee agenda-- Appropriations, 04/22/25, 11:00 am, 110 Senate Building
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    12/20/2024 Senate • Filed
    1/15/2025 Senate • Referred to Banking and Insurance; Finance and Tax; Appropriations
    3/4/2025 Senate • Introduced
    3/26/2025 Senate • On Committee agenda-- Banking and Insurance, 03/31/25, 1:30 pm, 412 Knott Building
    3/31/2025 Senate • CS by Banking and Insurance; YEAS 10 NAYS 0
    4/3/2025 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Original reference(s) removed: Finance and Tax
    • Remaining references corrected to Appropriations
    • Now in Appropriations
    • CS by Banking and Insurance read 1st time
    4/17/2025 Senate • On Committee agenda-- Appropriations, 04/22/25, 11:00 am, 110 Senate Building

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  • CS/SB 132, Committee Substitute 1 (Current Bill Version) Posted 4/3/2025 at 8:08 AM

    Bill Text:   Web Page | PDF
    Analyses:   Appropriations (Pre-Meeting) 4/21/2025 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 999 (c1) Legal Tender Commerce Committee Similar Last Action: 4/17/2025 H 1st Reading (Committee Substitute 1) Track This Bill

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    570732 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Appropriations
    (Rodriguez)     		4/21/2025
    11:04 AM     		Web Page
    PDF
    hierarchy 764388 - Amendment to Amendment (570732)
    Delete line 8 and insert:     		Appropriations
    (Rodriguez)     		4/21/2025
    5:05 PM     		Web Page
    PDF

    Citations - Statutes (15)

    Citation Catchline Location in Bill Location In Bill Help
    212.02 Definitions. Page 3 (pdf)
    212.05 Sales, storage, use tax. Page 4 (pdf)
    215.986 Page 6 (pdf)
    280.21 Page 8 (pdf)
    559.952 Financial Technology Sandbox. Page 20 (pdf)
    560.103 Definitions. Page 9 (pdf)
    560.141 License application. Page 10 (pdf)
    560.142 License renewal. Page 11 (pdf)
    560.150 Page 11 (pdf)
    560.204 License required. Page 12 (pdf)
    560.205 Additional license application requirements. Page 13 (pdf)
    560.214 Page 14 (pdf)
    655.50 Florida Control of Money Laundering and Terrorist Financing in Financial Institutions Act. Page 17 (pdf)
    655.970 Page 17 (pdf)
    672.511 Tender of payment by buyer; payment by check. Page 19 (pdf)

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  • SB 132, Original Filed Version Posted 12/20/2024 at 4:14 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 3/28/2025 (pdf)
    Banking and Insurance (Post-Meeting) 4/2/2025 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 999 Legal Tender Commerce Committee Compare Last Action: 4/17/2025 H 1st Reading (Committee Substitute 1) Track This Bill

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    605920 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Banking and Insurance
    (Rodriguez)     		3/28/2025
    5:47 PM
    (Late Filed)     		Replaced by Committee Substitute
    4/2/2025     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/31/2025 1:30 PM Banking and Insurance 10 Yeas - 0 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    215.986 Page 1 (pdf)

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