Florida Senate - 2026                             CS for SB 1588
       
       
        
       By the Committee on Rules; and Senators Gruters and Rodriguez
       
       
       
       
       
       595-03390-26                                          20261588c1
    1                        A bill to be entitled                      
    2         An act relating to legal tender; ratifying specified
    3         rules relating to legal tender for the sole and
    4         exclusive purpose of satisfying any condition on
    5         effectiveness pursuant to chapter 2025-100, Laws of
    6         Florida; repealing s. 18 of chapter 2025-100, Laws of
    7         Florida, which repeals specified provisions relating
    8         to legal tender; providing an effective date.
    9          
   10  Be It Enacted by the Legislature of the State of Florida:
   11  
   12         Section 1. Effective upon becoming a law, the following
   13  rules are ratified for the sole and exclusive purpose of
   14  satisfying any condition on effectiveness imposed under chapter
   15  2025-100, Laws of Florida: Rules 69C-2.004, 69C-2.005, 69C
   16  2.016, 69C-2.022, 69C-2.026, 69C-2.034, 69C-2.035, 69U-100.097,
   17  69V-560.1000, 69V-560.1012, 69V-560.102, 69V-560.7032, 69V
   18  560.7033, 69V-560.7034, 69V-560.7035, and 69V-560.7036, Florida
   19  Administrative Code, entitled “Definitions,” “Designation of a
   20  Qualified Public Depository,” “Financial Information Reports by
   21  a Qualified Public Depository,” “Requirements of Public
   22  Depositors,” “Administration of Payment of Losses,”
   23  “Disqualification, Suspension, and Administrative Penalty,”
   24  “Custodians of Gold Coin or Silver Coin,” “Gold Coin or Silver
   25  Coin Deposits,” “Disciplinary Guidelines,” “Adoption of Forms,”
   26  “Application or Appointment Procedures and Requirements,”
   27  “Records to Be Maintained when Engaged in Transactions Involving
   28  Gold and Silver Coin,” “Gold Coin and Silver Coin Disclosures,”
   29  “Accredited Refiner or Wholesaler of Gold Coin or Silver Coin,”
   30  “Chain of Custody Related to Gold or Silver Coin,” and “Rapid
   31  Response Time by Law Enforcement,” respectively, as filed for
   32  adoption with the Department of State pursuant to the
   33  certification packages dated October 31, 2025, and November 1,
   34  2025.
   35         Section 2. Effective upon becoming a law, section 18 of
   36  chapter 2025-100, Laws of Florida, is repealed.
   37         Section 3. This act shall take effect upon becoming a law.