Florida's 2026 CS/SB 1588 preserved the 2025 Legal Tender Act framework, which otherwise would have repealed on June 30, 2026. The bill also ratified implementing rules adopted by the Office of Financial Regulation and the Department of Financial Services.
What changed
The legislation prevented the scheduled sunset of the legal tender framework and kept the related OFR and DFS regulatory structure in place beyond June 30, 2026.
Compliance perspective
Florida firms affected by gold, silver, or legal-tender related financial activity should confirm that policies and licensing assumptions reflect the framework's continuation rather than a repeal. Any compliance calendar built around the June 30 sunset needs to be updated.
Key date
Effective date: June 30, 2026.
Need help staying compliant?
Tell us where you operate and what licenses you hold; we'll handle the filings and renewals so changes like this do not catch you off guard.