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Bill > S1588


FL S1588

FL S1588
Legal Tender


summary

Introduced
01/09/2026
In Committee
01/16/2026
Crossed Over
Passed
Dead
03/13/2026

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; providing an effective date.

AI Summary

This bill ratifies specific administrative rules related to legal tender, which are rules that govern how money is recognized and accepted, for the sole purpose of meeting a condition required by a previous law, chapter 2025-100, Laws of Florida. These rules, found in the Florida Administrative Code and covering topics like definitions, qualified public depositories, financial reporting, and transactions involving gold and silver coin, are being officially recognized as if they were enacted on specific dates in October and November of 2025. Additionally, the bill repeals section 18 of chapter 2025-100, Laws of Florida, which was a provision that previously repealed certain other rules related to legal tender, effectively reinstating those repealed provisions by ensuring the rules are now ratified. The bill takes effect immediately upon becoming law.

Committee Categories

Budget and Finance

Sponsors (2)

Other Sponsors (1)

Rules (Senate)

Last Action

Laid on Table, refer to CS/CS/HB 1311 (on 03/06/2026)

Bill Topics

Banking, Finance, and Domestic Commerce
  • ‐ Banking System and Financial Institution Regulation and Reform
Government Operations
  • ‐ Currency and Mint

bill text


bill summary

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bill summary

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bill summary

Document Type Source Location Created
State Bill Page https://www.flsenate.gov/Session/Bill/2026/1588 01/09/2026
BillText https://www.flsenate.gov/Session/Bill/2026/1588/BillText/c1/HTML 03/04/2026
Analysis - Rules (Post-Meeting) https://www.flsenate.gov/Session/Bill/2026/1588/Analyses/2026s01588.rc.PDF 03/04/2026
Analysis - Rules (Pre-Meeting) https://www.flsenate.gov/Session/Bill/2026/1588/Analyses/2026s01588.pre.rc.PDF 03/02/2026
https://www.flsenate.gov/Session/Bill/2026/1588/Amendment/542400/HTML 03/02/2026
Analysis - Appropriations Committee on Agriculture, Environment, and General Government (Post-Meeting) https://www.flsenate.gov/Session/Bill/2026/1588/Analyses/2026s01588.aeg.PDF 02/18/2026
Analysis - Appropriations Committee on Agriculture, Environment, and General Government (Pre-Meeting) https://www.flsenate.gov/Session/Bill/2026/1588/Analyses/2026s01588.pre.aeg.PDF 02/17/2026
Analysis - Banking and Insurance (Post-Meeting) https://www.flsenate.gov/Session/Bill/2026/1588/Analyses/2026s01588.bi.PDF 02/11/2026
Analysis - Banking and Insurance (Pre-Meeting) https://www.flsenate.gov/Session/Bill/2026/1588/Analyses/2026s01588.pre.bi.PDF 02/10/2026
BillText https://www.flsenate.gov/Session/Bill/2026/1588/BillText/Filed/HTML 01/09/2026
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