Florida HB 175: Judgment Liens

Status: Laid on Table, companion bill(s) passed, see CS/SB 984 (Ch. 2024-233) (as of 2024-03-05)

State: Florida · Session: 2024 · Bill: HB 175

Subjects: subject index

Sponsors: Benjamin, Civil Justice Subcommittee

Bill Text

ENROLLED
CS/CS/HB 175, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
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An act relating to payment stablecoin; amending s. 2
560.103, F.S.; revising the definition of the term 3
"money services business"; defining terms; amending s. 4
560.123, F.S.; revising the Florida Control of Money 5
Laundering in Money Services Business Act to include 6
payment stablecoins; requiring certain payment 7
stablecoin issuers to comply with certain regulations; 8
requiring qualified payment stablecoin issuers to 9
submit a specified certification to the Office of 10
Financial Regulation annually; requiring the office to 11
make such certifications available to the Secretary of 12
the Treasury upon request; authorizing the office to 13
revoke the license of qualified payment stablecoin 14
issuers under certain circumstances and to refer 15
certain matters to specified entities; amending s. 16
560.125, F.S.; revising the circumstances relating to 17
violations of certain provisions; revising penalties; 18
creating part V of ch. 560, F.S., entitled "Payment 19
Stablecoin Issuers"; creating s. 560.501, F.S.; 20
defining terms; prohibiting persons from engaging in 21
the activity of a qualified payment stablecoin issuer 22
without being licensed or exempted from licensure; 23
requiring the office to give a specified written 24
notice under certain circumstances; providing 25

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CS/CS/HB 175, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
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applicability; requiring out-of-state state-qualified 26
payment stablecoin issuers to provide a specified 27
written notice to the office within a specified 28
timeframe; specifying that certain transactions are 29
not regulated under certain provisions; specifying 30
that certain payment stablecoin is not a security and 31
not subject to certain provisions; requiring certain 32
qualified payment stablecoin issuers to comply with 33
certain requirements; requiring certain qualified 34
payment stablecoin issuers to provide a specified 35
notice to the office; specifying that qualified 36
payment stablecoin issuers are subject to certain 37
provisions; specifying that the office remains solely 38
responsible for supervising qualified payment 39
stablecoin issuers or is jointly responsible with the 40
Office of the Comptroller of the Currency for such 41
supervision under certain circumstances; authorizing 42
the office to enter into an specified agreement; 43
creating s. 560.502, F.S.; requiring applicants 44
seeking to be qualified payment stablecoin issuers to 45
submit a specified application to the office; 46
specifying requirements of such application; requiring 47
the office to comply with certain requirements; 48
authorizing certain information to be incorporated 49
into other licensing application forms; creating s. 50

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CS/CS/HB 175, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
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560.503, F.S.; specifying that qualified payment 51
stablecoin issuer licenses authorize issuers to engage 52
only in certain activities; creating s. 560.504, F.S.; 53
requiring qualified payment stablecoin issuers to 54
comply with certain requirements; providing criminal 55
penalties; prohibiting qualified payment stablecoin 56
issuers from engaging in certain conduct; creating s. 57
560.505, F.S.; requiring the office to submit initial 58
certification to a specified committee on a specified 59
form in accordance with a specified timeline; 60
requiring the office to submit a specified additional 61
certification no later than a specified date; 62
requiring the office to comply with certain 63
requirements; creating s. 560.506, F.S.; requiring the 64
Financial Services Commission to adopt specified 65
rules; amending s. 655.50, F.S.; revising the 66
definition of the term "monetary instruments"; 67
requiring qualified payment stablecoin issuers to 68
comply with certain provisions; requiring qualified 69
payment stablecoin issuers to submit to the office a 70
specified certification no later than a specified 71
date; requiring the office to make such certification 72
available to the Secretary of the Treasury upon 73
request; authorizing the office to revoke the license 74
of qualified payment stablecoin issuers and to refer 75

ENROLLED
CS/CS/HB 175, Engrossed 1 2026 Legislature

CODING: Words stricken are deletions; words underlined are additions.
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certain matters to specified entities; amending s. 76
658.19, F.S.; revising the application requirements 77
for the application for authority to organize a ba

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