Florida House Bill 697

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 7-0)
Status: Failed on March 8 2024 - 100% progression
Action: 2024-03-08 - Died in State Affairs Committee
Text: Latest bill text (Introduced) [PDF]

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.

State Legal Tender and Bullion Depository

Rep. Doug Bankson [R]	Rep. Chip LaMarca [R]	Rep. David Borrero [R]	Rep. Mike Caruso [R]
Rep. Jeff Holcomb [R]	Rep. Rachel Plakon [R]	Rep. Juan Porras [R]

Date	Chamber	Action
2024-03-08	House	Died in State Affairs Committee
2024-01-09	House	1st Reading (Original Filed Version)
2023-12-19	House	Now in State Affairs Committee
2023-12-19	House	Referred to Commerce Committee
2023-12-19	House	Referred to State Administration & Technology Appropriations Subcommittee
2023-12-19	House	Referred to Ways & Means Committee
2023-12-19	House	Referred to State Affairs Committee
2023-12-04	House	Filed

H699 (Related) 2024-03-08 - Died in State Affairs Committee
S750 (Same As) 2024-03-08 - Died in Banking and Insurance
S752 (Similar To) 2024-03-08 - Died in Banking and Insurance

Chapter	Article	Section	Citation Type	Statute Text
17	45		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2024/697
Text	https://www.flsenate.gov/Session/Bill/2024/697/BillText/Filed/PDF