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.
- Rules (RC)
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• Read 2nd time • Amendment 586903 adopted • Amendment 618355 superseded by substitute • Read 3rd time • Added to Third Reading Calendar • CS passed as amended; YEAS 102, NAYS 2 |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 |
586903 - Substitute Amendment (618355)