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Bill > H1311


FL H1311

FL H1311
Legal Tender


summary

Introduced
01/08/2026
In Committee
01/30/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An act relating to legal tender; ratifying specified rules relating to legal tender for the sole and exclusive purpose of satisfying any condition on effectiveness pursuant to chapter 2025-100, Laws of Florida; repealing s. 18 of chapter 2025-100, Laws of Florida, which repeals specified provisions relating to legal tender; amending chapter 2025-100, Laws of Florida; revising the definition of the terms "custodian of gold coin or silver coin" and "custodian"; providing an effective date.

AI Summary

This bill ratifies specific administrative rules related to legal tender, meaning it officially approves them for the purpose of meeting certain requirements under Florida law, specifically chapter 2025-100. It also repeals a section of that same law that previously removed certain provisions about legal tender, effectively bringing them back into consideration. Furthermore, the bill amends the definition of "custodian of gold coin or silver coin" or "custodian" within the context of transactional gold or silver, clarifying that it refers to entities providing secure storage for gold or silver coin intended for electronic transfer as legal tender, and includes those holding such coins for over 10 days, while excluding those holding it for personal use as legal tender or for purposes other than legal tender.

Committee Categories

Business and Industry

Sponsors (1)

Other Sponsors (1)

Insurance & Banking Subcommittee (House)

Last Action

House Commerce Committee Hearing (15:00:00 2/24/2026 ) (on 02/24/2026)

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