CS/CS/HB 175: Payment Stablecoin
GENERAL BILL by Commerce Committee ; Insurance & Banking Subcommittee ; Barnaby ; Giallombardo ; (CO-INTRODUCERS) Fabricio
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.
Senate Committee References:
- Rules (RC)
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Bill History
Date Chamber Action 10/15/2025 House • Filed
10/21/2025 House • Referred to Insurance & Banking Subcommittee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/13/2026 House • 1st Reading (Original Filed Version)
2/9/2026 House • PCS added to Insurance & Banking Subcommittee agenda
2/11/2026 House • Favorable with CS by Insurance & Banking Subcommittee
2/13/2026 House • Reported out of Insurance & Banking Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
• 1st Reading (Committee Substitute 1)
2/16/2026 House • Referred to Commerce Committee
• Now in Commerce Committee
2/20/2026 House • Added to Commerce Committee agenda
2/24/2026 House • Favorable with CS by Commerce Committee
2/26/2026 House • Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
• Bill referred to House Calendar
• Bill added to Special Order Calendar (3/3/2026)
• 1st Reading (Committee Substitute 2)
3/3/2026 House • Read 2nd time
• Amendment 586903 adopted
• Amendment 618355 superseded by substitute
• Read 3rd time
• Added to Third Reading Calendar
• CS passed as amended; YEAS 102, NAYS 2
3/3/2026 Senate • In Messages
• Referred to Rules
• Received
3/5/2026 Senate • Withdrawn from Rules
• Placed on Calendar, on 2nd reading
• Substituted for CS/CS/SB 314
• Read 2nd time
• Read 3rd time
• CS passed; YEAS 37 NAYS 0
3/5/2026 House • In Messages
• Ordered enrolled
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CS/CS/HB 175, Enrolled (Current Bill Version) Posted 3/5/2026 at 5:59 PM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1087 (c2) Pub. Rec./Office of Financial Regulation Government Operations Subcommittee Linked Last Action: 3/6/2026 H In Messages 
S 314 (c2) Payment Stablecoin Burton Similar Last Action: 3/5/2026 S Laid on Table, refer to CS/CS/HB 175
S 1440 (e1) Public Records/Office of Financial Regulation Martin Compare Last Action: 2/25/2026 H In Messages
Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 560.103 Definitions. Page 6 (pdf) 560.123 Florida Control of Money Laundering in Money Services Business Act. Page 9 (pdf) 560.125 Unlicensed activity; penalties. Page 14 (pdf) 560.501 Page 15 (pdf) 560.502 Page 18 (pdf) 560.503 Page 21 (pdf) 560.504 Page 22 (pdf) 560.505 Page 27 (pdf) 560.506 Page 28 (pdf) 655.50 Florida Control of Money Laundering and Terrorist Financing in Financial Institutions Act. Page 28 (pdf) 658.19 Application for authority to organize a bank or trust company. Page 30 (pdf) 658.997 Page 31 (pdf) -
CS/CS/HB 175, Engrossed 1 Posted 3/3/2026 at 2:14 PM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1087 (c2) Pub. Rec./Office of Financial Regulation Government Operations Subcommittee Linked Last Action: 3/6/2026 H In Messages
S 314 (c2) Payment Stablecoin Burton Similar Last Action: 3/5/2026 S Laid on Table, refer to CS/CS/HB 175
S 1440 (e1) Public Records/Office of Financial Regulation Martin Compare Last Action: 2/25/2026 H In Messages
Floor Amendments (1)
Amendment Sponsor Filed Last Floor Action Format 406294 - Amendment (Delete All)
Delete everything after the enacting clause and insert:Burton 3/3/2026
7:18 PMSenate: Withdrawn
3/4/2026Web Page
PDFFloor Votes (1)
Date Chamber Result 3/5/2026 1:16 PM Senate 37 Yeas - 0 Nays Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 560.103 Definitions. Page 6 (pdf) 560.123 Florida Control of Money Laundering in Money Services Business Act. Page 9 (pdf) 560.125 Unlicensed activity; penalties. Page 14 (pdf) 560.501 Page 15 (pdf) 560.502 Page 18 (pdf) 560.503 Page 21 (pdf) 560.504 Page 22 (pdf) 560.505 Page 27 (pdf) 560.506 Page 28 (pdf) 655.50 Florida Control of Money Laundering and Terrorist Financing in Financial Institutions Act. Page 28 (pdf) 658.19 Application for authority to organize a bank or trust company. Page 30 (pdf) 658.997 Page 31 (pdf) -
CS/CS/HB 175, Committee Substitute 2 Posted 2/26/2026 at 11:56 AM
Bill Text: PDF Analyses: None Related Bills (3)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 1087 (c2) Pub. Rec./Office of Financial Regulation Government Operations Subcommittee Linked Last Action: 3/6/2026 H In Messages
S 314 (c2) Payment Stablecoin Burton Similar Last Action: 3/5/2026 S Laid on Table, refer to CS/CS/HB 175
S 1440 (e1) Public Records/Office of Financial Regulation Martin Compare Last Action: 2/25/2026 H In Messages
Floor Amendments (2)
Amendment Sponsor Filed Last Floor Action Format 618355 - Amendment
Remove lines 1001-1012 and insert:Barnaby 2/27/2026
3:19 PMHouse: Superseded by Substitute
3/3/2026PDF 
586903 - Substitute Amendment (618355)
Remove lines 521-1012 and insert:Barnaby 2/27/2026
6:43 PMHouse: Adopted
3/3/2026PDF Floor Votes (1)
Date Chamber Result 3/3/2026 12:00 PM House 102 Yeas - 2 Nays Citations - Statutes (12)
Citation Catchline Location in Bill Location In Bill Help 560.103 Definitions. Page 6 (pdf) 560.123 Florida Control of Money Laundering in Money Services Business Act. Page 9 (pdf) 560.125 Unlicensed activity; penalties. Page 14 (pdf) 560.501 Page 15 (pdf) 560.502 Page 18 (pdf) 560.503 Page 21 (pdf) 560.504 Page 22 (pdf) 560.505 Page 27 (pdf) 560.506 Page 28 (pdf) 655.50 Florida Control of Money Laundering and Terrorist Financing in Financial Institutions Act. Page 28 (pdf) 658.19 Application for authority to organize a bank or trust company. Page 30 (pdf) 658.997 Page 31 (pdf) -
CS/HB 175, Committee Substitute 1 Posted 2/13/2026 at 8:48 AM
Bill Text: PDF Analyses: Insurance & Banking Subcommittee (Post-Meeting) 2/13/2026 (pdf)
Commerce Committee (Post-Meeting) 2/27/2026 (pdf)
Related Bills (2)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 314 (c1) Payment Stablecoin Burton Similar Last Action: 3/5/2026 S Laid on Table, refer to CS/CS/HB 175
S 1440 (e1) Public Records/Office of Financial Regulation Martin Compare Last Action: 2/25/2026 H In Messages
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 337249 - Strike All Amendment
Remove everything after the enacting clause and insert:Barnaby 2/23/2026
6:16 PMWithdrawn Prior to Consideration
2/24/2026PDF 415819 - Strike All Amendment
Remove everything after the enacting clause and insert:Giallombardo 2/24/2026
11:01 AMAdopted
2/25/2026PDF Citations - Statutes (11)
Citation Catchline Location in Bill Location In Bill Help 560.103 Definitions. Page 5 (pdf) 560.114 Disciplinary actions; penalties. Page 7 (pdf) 560.123 Florida Control of Money Laundering in Money Services Business Act. Page 8 (pdf) 560.125 Unlicensed activity; penalties. Page 11 (pdf) 560.501 Page 13 (pdf) 560.502 Page 15 (pdf) 560.503 Page 18 (pdf) 560.504 Page 19 (pdf) 560.505 Page 23 (pdf) 560.506 Page 24 (pdf) 658.997 Page 25 (pdf) -
HB 175, Original Filed Version Posted 10/15/2025 at 10:22 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 314 (c1) Payment Stablecoin Burton Compare Last Action: 3/5/2026 S Laid on Table, refer to CS/CS/HB 175
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 560.103 Definitions. Page 1 (pdf) 560.2053 Page 3 (pdf)