Florida 2024 Regular Session Status: In Committee 6 R cosponsors

HB 697 — State Legal Tender and Bullion Depository

Last action — Died in State Affairs Committee

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

This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Summary

State Legal Tender and Bullion Depository; Provides specie legal tender & electronic currency are legal tender; provides bullion is not personal property for taxation & regulatory purposes; requires DFS to establish & administer bullion depository; authorizes governmental entities to use depositories for storing bullion; authorizes State Treasury to deposit portion of its funds into depositories in form of bullion; requires CFO to establish electronic currencies backed by specie legal tender & other bullion; requires CFO to hold specie legal tender & other bullion as bailment for specified purposes.

Bill Text

Action History

  1. Died in State Affairs Committee

  2. 1st Reading (Original Filed Version)

  3. Now in State Affairs Committee

  4. Referred to Commerce Committee

  5. Referred to State Administration & Technology Appropriations Subcommittee

  6. Referred to Ways & Means Committee

  7. Referred to State Affairs Committee

  8. Filed

Sponsors

Sponsorship breakdown

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2 sponsors · 5 co-sponsors · 157 not signed on

Sponsors (2)

Co-sponsors (5)

Not signed on (157)

157 members have not signed on to this bill.

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"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

taxation finance technology
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Frequently asked questions

What does HB 697 do?
State Legal Tender and Bullion Depository; Provides specie legal tender & electronic currency are legal tender; provides bullion is not personal property for taxation & regulatory purposes; requires DFS to establish & administer bullion depository; authorizes governmental entities to use depositories for storing bullion; authorizes State Treasury to deposit portion of its funds into depositories in form of bullion; requires CFO to establish electronic currencies backed by specie legal tender & other bullion; requires CFO to hold specie legal tender & other bullion as bailment for specified purposes.
Who sponsors HB 697?
HB 697 is sponsored by Bankson, Douglas Michael "Doug" (Republican), LaMarca, Chip (Republican), Borrero, David (Republican), Caruso, Holcomb, Jeff (Republican), Plakon, Rachel Saunders (Republican), and Porras, Juan Carlos (Republican).
What is the current status of HB 697?
This bill died with 2024 Regular Session. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HB 697?
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