--- type: "Bill" title: "Payment Stablecoin" description: "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." jurisdiction: "us/states/fl" legislature: "Florida Legislature" session: "2026" identifier: "HB 175" citation: "Florida HB 175 (2026)" classification: ["bill"] subjects: ["(adopted)", "banks and banking"] status: "enacted" chapter_law: "2026-176" primary_sponsors: ["Barnaby", "Giallombardo"] version_count: 5 action_count: 41 vote_count: 2 first_action: "2025-10-15" last_action: "2026-06-29" source: "openstates" source_identifier: "ocd-bill/805223eb-ecbd-48e9-97ae-4ba49e6a9230" source_url: "https://flsenate.gov/Session/Bill/2026/175/ByCategory" source_hash: "4a17352aba92b477947e5e45066cb4868792aa93dc5d4e35ad21ce6bf8a4d685" vintage: "2026-07-01" source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump" retrieved_at: "2026-07-06" confidence: "reported" tags: ["legislation", "bill", "us-fl"] --- # Florida HB 175 (2026) — Payment Stablecoin 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. **Enacted** — Laws of Florida, Chapter 2026-176. ## Version chain The bill's text revisions, in order — the diff chain from filing to enrollment. 1. **H 175 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2026/175/BillText/Filed/PDF) 2. **H 175 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2026/175/BillText/c1/PDF) 3. **H 175 c2** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2026/175/BillText/c2/PDF) 4. **H 175 e1** (engrossed) — [source](https://flsenate.gov/Session/Bill/2026/175/BillText/e1/PDF) 5. **H 175 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2026/175/BillText/er/PDF) ## Votes - Third Reading — **37–0** (pass) · upper - Passage, Third Reading — **102–2** (pass) · lower ## Sponsors - Barnaby — primary (person) - Commerce Committee — primary (organization) - Giallombardo — primary (person) - Insurance & Banking Subcommittee — primary (organization) - Fabricio — cosponsor (person) ## Timeline The legislative action history — every referral, reading, and vote. - **2025-10-15** Filed `filing` - **2025-10-21** Referred to Insurance & Banking Subcommittee `referral-committee` - **2025-10-21** Referred to Commerce Committee `referral-committee` - **2025-10-21** Now in Insurance & Banking Subcommittee - **2026-01-13** 1st Reading (Original Filed Version) `filing, reading-1` - **2026-02-09** PCS added to Insurance & Banking Subcommittee agenda - **2026-02-11** Favorable with CS by Insurance & Banking Subcommittee `committee-passage-favorable` - **2026-02-13** Reported out of Insurance & Banking Subcommittee - **2026-02-13** Laid on Table under Rule 7.18(a) `deferral` - **2026-02-13** CS Filed `filing` - **2026-02-13** 1st Reading (Committee Substitute 1) `reading-1` - **2026-02-16** Referred to Commerce Committee `referral-committee` - **2026-02-16** Now in Commerce Committee - **2026-02-20** Added to Commerce Committee agenda - **2026-02-24** Favorable with CS by Commerce Committee `committee-passage-favorable` - **2026-02-26** Reported out of Commerce Committee - **2026-02-26** Laid on Table under Rule 7.18(a) `deferral` - **2026-02-26** CS Filed `filing` - **2026-02-26** Bill referred to House Calendar - **2026-02-26** Bill added to Special Order Calendar (3/3/2026) - **2026-02-26** 1st Reading (Committee Substitute 2) `reading-1` - **2026-03-03** Read 2nd time `reading-2` - **2026-03-03** Amendment 586903 adopted - **2026-03-03** Amendment 618355 superseded by substitute - **2026-03-03** Read 3rd time `reading-3` - **2026-03-03** Added to Third Reading Calendar - **2026-03-03** CS passed as amended; YEAS 102, NAYS 2 `passage` - **2026-03-03** In Messages - **2026-03-03** Referred to Rules `referral-committee` - **2026-03-03** Received `enrolled` - **2026-03-05** Withdrawn from Rules `withdrawal` - **2026-03-05** Placed on Calendar, on 2nd reading - **2026-03-05** Substituted for CS/CS/SB 314 - **2026-03-05** Read 2nd time `reading-2` - **2026-03-05** Read 3rd time `reading-3` - **2026-03-05** CS passed; YEAS 37 NAYS 0 `passage` - **2026-03-05** In Messages - **2026-03-05** Ordered enrolled `enrolled` - **2026-06-15** Signed by Officers and presented to Governor `executive-receipt` - **2026-06-26** Approved by Governor `executive-signature` - **2026-06-29** Chapter No. 2026-176 ## Source OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/805223eb-ecbd-48e9-97ae-4ba49e6a9230`. Confidence: reported (aggregated from official Florida legislature records).