Bill Summary

HB 505 Virtual Currency Kiosks (2026 Session)
top
Sponsors
by Owen, Daley Co Sponsors: Alvarez, D., Miller, Tendrich CS Sponsors: Commerce Committee
top
Summary
Virtual Currency Kiosks: Revises definition of term "money transmitter" to include owners & operators of virtual currency kiosks; exempts owners & operators of virtual currency kiosks from license application fees & license renewal fees; requires owner or operator of virtual currency kiosk to ensure that specified disclosure is displayed before customer initiates virtual currency kiosk transaction; prohibits owner or operator of virtual currency kiosk from permitting new & existing customers to transact more than specified amount per calendar day; requires owner or operator of virtual currency kiosk to provide customer with specified electronic & paper receipt upon completion of virtual currency kiosk transaction; requires owner or operator of virtual currency kiosk to issue full refund of transaction fees under certain circumstances; authorizes FSC to adopt rules. Effective Date: July 1, 2026
top
committees of reference
   H Insurance & Banking Subcommittee
   H Commerce Committee
top
Actions
11/20/25
HOUSE 
Filed
11/24/25
HOUSE 
Referred to Insurance & Banking Subcommittee; Commerce Committee
11/24/25
HOUSE 
Now in Insurance & Banking Subcommittee
12/02/25
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 12/09/25, 12:30 pm, 17 H
12/09/25
HOUSE 
Favorable by Insurance & Banking Subcommittee; 18 Yeas, 0 Nays
12/09/25
HOUSE 
Now in Commerce Committee
01/23/26
HOUSE 
On Committee agenda - Commerce Committee, 01/27/26, 12:30 pm, 212 K
01/27/26
HOUSE 
Favorable with CS by Commerce Committee; 24 Yeas, 1 Nay
01/28/26
HOUSE 
Committee Substitute Text (C1) Filed
02/02/26
HOUSE 
Placed on Calendar, on 2nd reading
top
bill text & filed amendments
0505
Filed on 11/20/25
PDF
Amendment 476503 DE
Owen
Filed on 01/26/26
Adopted as Amended
PDF
Amendment 454065 AA
McFarland
Filed on 01/26/26
Adopted
PDF
0505C1
Filed on 01/28/26
PDF
No amendments to this bill text filed.
top
Statute Citations
560.103
560.143
560.215
Research & Reports
Revenue Estimating Coverence Reports, Veto, Transmittal letters and more. Learn more.

No reports related to this bill.

Upcoming Events
Florida's most comprehensive legislative calendar. Learn more.
Press Releases
Related Press Announcements. Learn more.

No press releases related to this bill.

Features above are available to LobbyTools subscribers. Request a free demo or call (850) 915-0100 ext. 2 to learn more.