Florida 2026 Session Status: In Committee 1 R cosponsors

HB 183 — Investments and Deposits of Public Funds

Last action — Died in Insurance & Banking Subcommittee

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced October 15, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 16% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 R).

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

Investments and Deposits of Public Funds; Provides option for public money to be invested in digital assets & exchange-traded products; authorizes CFO, in managing state funds, to include digital assets & exchange-traded products as stores of value & potential hedges against inflation; provides requirements for holding acquired digital assets; authorizes CFO & other parties to loan digital assets in state funds if such loans are collateralized & comply with fiduciary standards; requires taxes & fees paid in digital assets to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Board of Trustees of SBA to invest & reinvest available funds of System Trust Fund in digital assets; provides limits & custody requirements for such investments.

Bill Text

How this bill changes current law

5 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill expands the investment options for the Chief Financial Officer of Florida to include digital assets and exchange-traded products, updating the definitions and requirements for managing state funds.

  • 17.57

    the money of this state or any money in the State Treasury in such qualified public depositories of this the state as will offer satisfactory collateral security for such deposits, pursuant to chapter 280; or → the money of this state or any money in the State Treasury through a qualified custodian and deposit any remaining money of this state and the State Treasury in qualified public depositories described in subparagraph 1.

    Allows investment through qualified custodians in addition to traditional public depositories.

  • 17.57

    This section does not shall preclude credit unions designated as public depositories from participation.

    Clarifies that credit unions can participate as public depositories.

  • 17.57

    onpecuniary factor → by pecuniary factor

    Refines the definition regarding financial decision-making to focus solely on financial factors.

  • 17.57

    purpose shall be: Placed in qualified public depositories that will pay rates established by the Chief Financial Officer at levels not less than the prevailing rate for United States Treasury securities with a corresponding maturity; or → purpose shall be: Invested and the remaining funds placed in qualified public depositories described in subparagraph 1.

    Enables investment of surplus funds while still allowing placement in qualified public depositories.

  • 17.57

    utative component of a public asset management strategy.

    Removes outdated phrasing related to public asset management strategies.

Action History

  1. Died in Insurance & Banking Subcommittee

  2. 1st Reading (Original Filed Version)

  3. Now in Insurance & Banking Subcommittee

  4. Referred to Commerce Committee

  5. Referred to Ways & Means Committee

  6. Referred to Government Operations Subcommittee

  7. Referred to Insurance & Banking Subcommittee

  8. Filed

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 163 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (163)

163 members have not signed on to this bill.

Show all 163 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance technology
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does HB 183 do?
Investments and Deposits of Public Funds; Provides option for public money to be invested in digital assets & exchange-traded products; authorizes CFO, in managing state funds, to include digital assets & exchange-traded products as stores of value & potential hedges against inflation; provides requirements for holding acquired digital assets; authorizes CFO & other parties to loan digital assets in state funds if such loans are collateralized & comply with fiduciary standards; requires taxes & fees paid in digital assets to be transferred to General Revenue Fund; requires General Revenue Fund to reimburse designated funds in United States currency for such payments; authorizes Board of Trustees of SBA to invest & reinvest available funds of System Trust Fund in digital assets; provides limits & custody requirements for such investments.
Who sponsors HB 183?
HB 183 is sponsored by Barnaby, Webster (Republican).
What is the current status of HB 183?
This bill is in committee in the House. Introduced October 15, 2025. It must pass committee before a floor vote.
Where can I track HB 183?
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Last checked for changes about 2 months ago · updated continuously

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