CS/HB 175: Payment Stablecoin
GENERAL BILL by Insurance & Banking Subcommittee ; Barnaby ; Giallombardo ; (CO-INTRODUCERS) Fabricio
Payment Stablecoin; Revises definition of term "money services business" to include qualified payment stablecoin issuer; prohibits persons from engaging in activity of qualified payment stablecoin issuer without registering & receiving specified notification; provides that certain money services businesses are exempt from registration requirements; specifies that certain payment stablecoins are not security & are not subject to certain requirements; specifies that certain transactions are not regulated under certain provisions; requires qualified payment stablecoin issuers with consolidated total outstanding payment stablecoin issuance that reaches specified threshold to comply with certain requirements; specifies that OFR remains solely responsible for supervising qualified payment stablecoin issuers or is jointly responsible with Office of Comptroller of Currency for such supervision; specifies that qualified payment stablecoin issuers may engage only in certain activities.
Last Action: 2/13/2026 House - 1st Reading (Committee Substitute 1)
Bill Text: PDF
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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)
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CS/HB 175, Committee Substitute 1 (Current Bill Version) Posted 2/13/2026 at 8:48 AM
Bill Text: PDF Analyses: Insurance & Banking Subcommittee (Post-Meeting) 2/13/2026 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 314 (c1) Payment Stablecoin Burton Similar Last Action: 2/13/2026 S On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/18/26, 10:30 am, 412 Knott Building 
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: 2/13/2026 S On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/18/26, 10:30 am, 412 Knott Building
Citations - Statutes (2)
Citation Catchline Location in Bill Location In Bill Help 560.103 Definitions. Page 1 (pdf) 560.2053 Page 3 (pdf)