Bill Summary

HB 1415 Use of Digital Currency by the Department of Financial Services (2026 Session)
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Sponsors
by Holcomb, Giallombardo  CS Sponsors: Insurance & Banking Subcommittee
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Summary
Use of Digital Currency by the Department of Financial Services: Establishes Florida Stablecoin Pilot Program within DFS; authorizes DFS to engage in certain activities, designate one or more payment stablecoins for certain activities, accept payment stablecoins, & conduct examinations, audits, & investigations of permitted payment stablecoin issuers; requires that certain payment stablecoins meet specified criteria; authorizes program participants to elect to voluntarily participate in program & remit payment stablecoins to compatible digital wallet address; requires certain participants to provide DFS with compatible digital wallet address; requires DFS to comply with certain requirements, provide compatible digital wallet address for specified purpose, coordinate with OFR under certain circumstances, monitor & evaluate pilot program & collect certain data, & submit annual report containing certain information to Governor & Legislature beginning on specified date & annually thereafter; authorizes DFS to adopt rules. Effective Date: upon becoming a law
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committees of reference
   H Insurance & Banking Subcommittee
» H Commerce Committee
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Actions
01/09/26
HOUSE 
Filed
01/15/26
HOUSE 
Referred to Insurance & Banking Subcommittee; State Administration Budget Subcommittee; Commerce Committee
01/15/26
HOUSE 
Now in Insurance & Banking Subcommittee
02/09/26
HOUSE 
On Committee agenda - Insurance & Banking Subcommittee, 02/11/26, 9:00 am, 17 H
02/11/26
HOUSE 
Favorable with CS by Insurance & Banking Subcommittee; 17 Yeas, 0 Nays
02/12/26
HOUSE 
Committee Substitute Text (C1) Filed
02/13/26
HOUSE 
Reference to State Administration Budget Subcommittee removed; Remaining reference: Commerce Committee
02/13/26
HOUSE 
Now in Commerce Committee
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bill text & filed amendments
1415
Filed on 01/09/26
PDF
Amendment 867485 DE
Holcomb
Filed on 02/10/26
Adopted
PDF
1415C1
Filed on 02/12/26
PDF
No amendments to this bill text filed.
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Statute Citations
17.72
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