Florida · 2026 Regular Session · Bill
HB 175: Payment Stablecoin
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
HB 175 is a bill introduced in the Florida House on October 15, 2025. According to its official title, it concerns: Payment Stablecoin. Primary sponsor: Mike Giallombardo (Republican), Webster Barnaby (Republican), Insurance & Banking Subcommittee, Commerce Committee. It lists 1 additional sponsor. Most recent recorded action (June 29, 2026): Chapter No. 2026-176; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130).
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
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 within a specified timeframe; 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 under certain circumstances; 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.
Sponsors
Sponsors by party (alphabetical): Republican 3
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Giallombardo | Primary sponsor | Republican | House | 79 |
| Webster Barnaby | Primary sponsor | Republican | House | 29 |
| Insurance & Banking Subcommittee | Primary sponsor | Not applicable (committee) | — | — |
| Commerce Committee | Primary sponsor | Not applicable (committee) | — | — |
| Tom Fabricio | Co-sponsor | Republican | House | 110 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Chapter No. 2026-176; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130)
- Approved by Governor
- Signed by Officers and presented to Governor
- Ordered enrolled
- In Messages
- CS passed; YEAS 37 NAYS 0
- Read 3rd time
- Read 2nd time
- Substituted for CS/CS/SB 314
- Placed on Calendar, on 2nd reading
- Withdrawn from Rules
- Received
Showing 12 most recent of 40 actions. Full history