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SB 1588FLORIDA · STATEWIDESession 2026Laid on Table, refer to CS/CS/HB 1311

Updates to Florida Legal Tender Rules

Original title: Legal Tender

January 9, 2026

bankinglegal tendergold and silverstate financeadministrative lawbanks and bankingpublic business

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Where This Stands

Currently Laid on Table, refer to CS/CS/HB 1311. The next step in the legislative lifecycle is Introduced.

Procedural history

10 actions
  1. Feb 26, 2026Senate
    On Committee agenda-- Rules, 03/03/26, 9:00 am, 412 Knott Building
  2. Feb 18, 2026Senate
    Now in Rules
  3. Feb 18, 2026SenateCommittee
    Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 11 NAYS 0
  4. Feb 13, 2026Senate
    On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/18/26, 10:30 am, 412 Knott Building
  5. Feb 11, 2026Senate
    Now in Appropriations Committee on Agriculture, Environment, and General Government
  6. Feb 11, 2026SenateCommittee
    Favorable by Banking and Insurance; YEAS 9 NAYS 0
Show 4 earlier actions
  1. Feb 6, 2026Senate
    On Committee agenda-- Banking and Insurance, 02/11/26, 9:00 am, 412 Knott Building
  2. Jan 22, 2026SenateIntroduced
    Introduced
  3. Jan 16, 2026SenateCommittee
    Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules
  4. Jan 9, 2026SenateIntroduced
    Filed

Version history

Only one version on file - nothing to compare yet. As later stages (committee substitute, engrossed, enrolled) are captured, the redline appears here.

View official text →

The Frame

What this does

The bill ensures that state regulations governing the use and custody of gold and silver coins remain in effect, preventing a scheduled repeal that would have removed these standards from the Florida Administrative Code.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Qualified Public Depositories

These entities must comply with the ratified administrative rules regarding financial reporting and the handling of gold and silver coin deposits.

Gold and Silver Coin Custodians

These entities are subject to the specific administrative requirements and disciplinary guidelines ratified by this bill.

What changed

Last recorded activity January 9, 2026.

What's next

Introduced.

Background

  • The Florida Legislature passed Chapter 2025-100 in the previous session, which established initial frameworks for legal tender and gold/silver coin transactions. context

Summary

This bill ratifies specific administrative rules regarding gold and silver coin transactions to satisfy legal requirements set by a previous 2025 law. It also repeals a provision that would have otherwise automatically expired these legal tender regulations.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Why It Matters

The bill ensures that state regulations governing the use and custody of gold and silver coins remain in effect, preventing a scheduled repeal that would have removed these standards from the Florida Administrative Code.

Frequently Asked Questions

What does this bill change about gold and silver coins?
It does not change the underlying rules themselves; rather, it formally ratifies them to ensure they remain active and prevents a scheduled repeal from taking effect.
Why is this bill necessary?
The bill is required to satisfy a condition on effectiveness imposed by a previous law (Chapter 2025-100) that required legislative ratification of these specific administrative rules.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Lobbying Activity

MARA S GEORGES

on behalf of LEGAL TENDER CIACCIO HOLDINGS LLC

Senate LDAView filing →

on behalf of LEGAL TENDER CIACCIO HOLDINGS LLC

Senate LDAView filing →

MARA S GEORGES

on behalf of LEGAL TENDER CIACCIO HOLDINGS LLC

Senate LDAView filing →

Voting Record

Motion succeededsenate2/18/2026Official roll call ↗

Favorable

Total

12

Yes

12

No

0

Present

0

Not Voting

0

Abstain

0

Motion succeededsenate2/11/2026Official roll call ↗

Favorable

Total

12

Yes

11

No

0

Present

0

Not Voting

0

Abstain

0

Full roll-call analysis →

Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift100% confidence

Prevention of Sunset

The bill serves primarily to override a sunset provision in a 2025 law, effectively making temporary administrative rules permanent.

Chapter 2025-100, Laws of Florida

Connected Entities

organizationRules“Committee reviewing the bill”Map →
date03/03/26“Meeting date”Map →
location412 Knott Building“Meeting location”Map →
organizationBanking and Insurance“Committee reviewing the bill”Map →
dollar_amount11“Vote count”Map →
organizationAppropriations Committee on Agriculture, Environment, and General Government“Committee reviewing the bill”Map →
date02/18/26“Meeting date”Map →
other9:00 am“Meeting time”Map →
date02/11/26“Meeting date”Map →

Sources

Open source document

openstates.org

Analysis Score

0–100
  • Significance45
    How much this matters to a regular citizen
  • Controversy15
    Intensity of disagreement among stakeholders
  • Entertainment5
    Compellingness for a non-policy-wonk reader
  • Buzz10
    Current news / social attention level

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