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The Florida Senate

HB 893: Trust Fund Interest for Purposes Approved by Supreme Court

GENERAL BILL by Koster

Trust Fund Interest for Purposes Approved by Supreme Court; Authorizes financial institutions to hold funds in specified trust accounts used for specified purposes expressly authorized by Supreme Court rule; requires certain entities to use interest & dividends for specified purposes; requires certain financial institutions to pay specified interest or dividends.

Effective Date: 7/1/2026
Last Action: 1/27/2026 House - Now in Commerce Committee
Bill Text: PDF



Bill History

Date Chamber Action
12/23/2025 House • Filed
1/5/2026 House • Referred to Insurance & Banking Subcommittee
• Referred to Judiciary Committee
• Referred to Commerce Committee
• Now in Insurance & Banking Subcommittee
1/13/2026 House • 1st Reading (Original Filed Version)
1/16/2026 House • Added to Insurance & Banking Subcommittee agenda
1/21/2026 House • Favorable by Insurance & Banking Subcommittee
1/22/2026 House • Reported out of Insurance & Banking Subcommittee
• Now in Judiciary Committee
1/23/2026 House • Added to Judiciary Committee agenda
1/27/2026 House • Favorable by Judiciary Committee
• Reported out of Judiciary Committee
• Now in Commerce Committee