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---
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 — **370** (pass) · upper
- Passage, Third Reading — **1022** (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).