Florida2026Active
HB1311
Legal Tender Rules Ratification and Repeal
Last scannedAug 24, 2026, 10:35 AM
In one sentence
This bill officially approves specific state rules about gold and silver coins to meet legal requirements from an earlier law, while removing a section that would have canceled those same rules.
What it does
- Ratifies listed administrative code rules regarding the handling of gold and silver coin transactions.
- Confirms these rules are valid for meeting conditions set by Chapter 2025-100, Laws of Florida.
- Repeals Section 18 of Chapter 2025-100 to prevent it from canceling the listed legal tender provisions.
Who it affects
- Entities designated as Qualified Public Depositories for gold or silver coins.
- Accredited refiners and wholesalers of gold or silver coin.
- Law enforcement agencies involved in rapid response times related to these transactions.
- The Florida Department of State, which filed the rules.
Limits and unknowns
- The bill does not explain what happens if a condition on effectiveness is not met.
- The text lists rule numbers but does not describe every specific detail inside each rule.
- The source material does not specify the exact penalties for breaking these rules.
Plain language
Terms to know
- Ratify
- To officially approve or confirm a rule so it becomes legally effective.
- Repeal
- To cancel or remove an existing law or section of a law.
- Qualified Public Depository
- A specific type of institution approved to hold gold and silver coins for the public under state rules.
Official record
Sources
Official summary
Legal Tender
Official activity
Bill history
- Chapter No. 2026-132; Companion bill(s) passed, see CS/CS/CS/SB 1452 (Ch. 2026-174)