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SB1588 • 2026

Legal Tender

Legal Tender

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Gruters
Last action
2026-03-06
Official status
Senate - Laid on Table, refer to CS/CS/HB 1311 -SJ 637
Effective date
Upon becom

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Legal Tender

Legal Tender; Ratifying specified rules relating to legal tender for the sole and exclusive purpose of satisfying any condition on effectiveness pursuant to chapter 2025-100, Laws of Florida, etc.

What This Bill Does

  • Legal Tender; Ratifying specified rules relating to legal tender for the sole and exclusive purpose of satisfying any condition on effectiveness pursuant to chapter 2025-100, Laws of Florida, etc.

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

542400

Committee amendment S 1588 Filed • Rules (Gruters)

Replaced by Committee Substitute 3/4/2026

Plain English: Florida Senate - 2026 COMMITTEE AMENDMENT Bill No.

  • Florida Senate - 2026 COMMITTEE AMENDMENT Bill No.
  • SB 1588 Ì542400_Î542400 LEGISLATIVE ACTION Senate .
  • House Comm: RCS .
  • 03/04/2026 .

Bill History

  1. 2026-03-06 Senate

    • Read 2nd time -SJ 637 • Substituted CS/CS/HB 1311 -SJ 637 • Laid on Table, refer to CS/CS/HB 1311 -SJ 637

  2. 2026-03-04 Senate

    • Pending reference review -under Rule 4.7(2) - (Committee Substitute) • Placed on Calendar, on 2nd reading • Placed on Special Order Calendar, 03/06/26 • CS by Rules read 1st time

  3. 2026-03-03 Senate

    • CS by- Rules; YEAS 20 NAYS 1

  4. 2026-02-26 Senate

    • On Committee agenda-- Rules, 03/03/26, 9:00 am, 412 Knott Building

  5. 2026-02-18 Senate

    • Favorable by Appropriations Committee on Agriculture, Environment, and General Government; YEAS 11 NAYS 0 • Now in Rules

  6. 2026-02-13 Senate

    • On Committee agenda-- Appropriations Committee on Agriculture, Environment, and General Government, 02/18/26, 10:30 am, 412 Knott Building

  7. 2026-02-11 Senate

    • Favorable by Banking and Insurance; YEAS 9 NAYS 0 • Now in Appropriations Committee on Agriculture, Environment, and General Government

  8. 2026-02-06 Senate

    • On Committee agenda-- Banking and Insurance, 02/11/26, 9:00 am, 412 Knott Building

  9. 2026-01-22 Senate

    • Introduced

  10. 2026-01-16 Senate

    • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Rules

  11. 2026-01-09 Senate

    • Filed

Official Summary Text

Legal Tender; Ratifying specified rules relating to legal tender for the sole and exclusive purpose of satisfying any condition on effectiveness pursuant to chapter 2025-100, Laws of Florida, etc.

Current Bill Text

Read the full stored bill text
Florida Senate
-
2026

CS for SB 1588

By
the Committee on Rules; and Senators Gruters and Rodriguez

595-03390-26 20261588c1
1 A bill to be entitled
2 An act relating to legal tender; ratifying specified
3 rules relating to legal tender for the sole and
4 exclusive purpose of satisfying any condition on
5 effectiveness pursuant to chapter 2025-100, Laws of
6 Florida; repealing s. 18 of chapter 2025-100, Laws of
7 Florida, which repeals specified provisions relating
8 to legal tender; providing an effective date.
9
10 Be It Enacted by the Legislature of the State of Florida:
11
12 Section 1.
Effective upon becoming a law, the following

13
rules are ratified for the sole and exclusive purpose of

14
satisfying any condition on effectiveness imposed under chapter

15
2025-100, Laws of Florida: Rules 69C-2.004, 69C-2.005, 69C

16
2.016, 69C-2.022, 69C-2.026, 69C-2.034, 69C-2.035, 69U-100.097,

17
69V-560.1000, 69V-560.1012, 69V-560.102, 69V-560.7032, 69V

18
560.7033, 69V-560.7034, 69V-560.7035, and 69V-560.7036, Florida

19
Administrative Code, entitled “Definitions,” “Designation of a

20
Qualified Public Depository,” “Financial Information Reports by

21
a Qualified Public Depository,” “Requirements of Public

22
Depositors,” “Administration of Payment of Losses,”

23
“Disqualification, Suspension, and Administrative Penalty,”

24
“Custodians of Gold Coin or Silver Coin,” “Gold Coin or Silver

25
Coin Deposits,” “Disciplinary Guidelines,” “Adoption of Forms,”

26
“Application or Appointment Procedures and Requirements,”

27
“Records to Be Maintained when Engaged in Transactions Involving

28
Gold and Silver Coin,” “Gold Coin and Silver Coin Disclosures,”

29
“Accredited Refiner or Wholesaler of Gold Coin or Silver Coin,”

30
“Chain of Custody Related to Gold or Silver Coin,” and “Rapid

31
Response Time by Law Enforcement,” respectively, as filed for

32
adoption with the Department of State pursuant to the

33
certification packages dated October 31, 2025, and November 1,

34
2025.

35 Section 2.
Effective upon becoming a law, section 18 of

36
chapter 2025-100, Laws of Florida, is repealed.

37 Section 3. This act shall take effect upon becoming a law.