# Florida HB 379: Securities Florida HB 379, Securities, is a 2025 House bill sponsored by Webster Barnaby (Republican); status signed, last action 2025-05-20 (Chapter No. 2025-28); PRIA reads it as touching household money (as of 2026-10-17). - Canonical: https://policyrisk.com/state-bill/FL-HB379-2025 - As of: 2026-10-17 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Florida HB 379 - State: Florida - Session: 2025 - Title: Securities - Status: signed - Chamber: House - Introduced: 2025-02-04 - Last action: 2025-05-20, Chapter No. 2025-28 - Sponsor: Webster Barnaby (Republican) - Cosponsors: 2 - Subjects: Appropriation, Insurance & Banking Subcommittee, Commerce Committee, House Calendar, Fiscal Policy - Touches household money: yes - Roll calls: 2 (151 yes, 0 no in all) - Economic provisions PRIA read: 11 ## Summary No summary available. ## Bill overview: provisions PRIA read - More securities victims qualify for payments: benefit, high. The Securities Guaranty Fund now covers eligible victims with unpaid restitution orders, alongside those with unpaid final judgments. Court-confirmed arbitration awards count as final judgments. Claims must concern securities registration violations or securities fraud under sections 517.07 or 517.… - Securities sellers cannot fake government backing: benefit, low. Securities sellers in Florida cannot falsely claim government backing for a security or person. This includes claims of government guarantees, sponsorship, recommendations, or approval. The ban also covers securities and transactions exempt from registration rules. - Issuers lose one simplified registration hurdle: benefit, low. Issuers using simplified securities registration no longer need to show their business rests on sound business principles. They still must submit a complete application and pay the required fee. Sales must remain free from fraud, with fair, just, and equitable terms. - More institutional buyers get registration exemptions: benefit, low. More institutions, advisers, benefit plans, trusts, and family offices qualify for exemptions from Florida securities registration. Specified entities and trusts need more than $5 million in assets or investments and cannot exist solely to buy the securities. Family offices need more than $5 millio… - Some foreign securities resales avoid registration: benefit, low. Some resales of foreign securities qualify for an exemption from Florida registration through registered or exempt dealers. The foreign issuer must have faced continuous reporting requirements in its home jurisdiction for at least 180 days. Its security must trade on a foreign exchange or market ap… - Broader securities oversight and fingerprint checks: cost, low. Website operators helping Florida-based issuers sell securities count as intermediaries, even without Florida residency or business registration. Covered intermediary, dealer, adviser, and associated-person applicants face fingerprint checks, along with specified officers, directors, and owners. Ch… - Issuers face deadlines for exempt offerings: cost, low. Issuers using section 517.061(11) must file a transaction notice, consent to receive legal papers, and their general announcement. These documents are due within 15 days after the first Florida sale. Florida Invest Local issuers must file a notice, the same consent, and required disclosures at leas… - Longer account holds for suspected exploitation: mixed, medium. Dealers and investment advisers can extend protective holds on covered adults’ payments or transactions by 30 business days, up from 10. The initial hold lasts up to 15 business days. The firm’s review must continue to support a reasonable belief that financial exploitation occurred, is occurring,… - Company sale brokers face revised safeguards: mixed, low. Before closing covered sales, brokers must obtain written assurances about buyers’ management roles, such as choosing executives or approving budgets. Brokers lose the registration exemption for providing financing or arranging outside financing without legal compliance and written compensation dis… - Issuer misconduct limits shift across exemptions: mixed, low. Federal misconduct disqualifications block exemptions under sections 517.061(11), 517.0611, and 517.0612 when covered people are disqualified at the offer date. Covered people include issuers, specified predecessors and affiliates, participating leaders, promoters, and owners with at least 20% of v… - Private company sales get revised thresholds: mixed, low. The broker exemption covers private companies without securities registered or required to register, or specified periodic reporting duties. In the fiscal year before the broker starts, the company needs earnings before interest, taxes, depreciation, and amortization below $25 million or revenue be… ## Sponsors and cosponsors - Sponsor: Webster Barnaby (Republican), House - Cosponsor: Commerce Committee - Cosponsor: Insurance & Banking Subcommittee ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2025-04-24 | Senate | Senate Floor Vote | pass | 37 | 0 | | | 2025-04-16 | House | House Floor Vote | pass | 114 | 0 | | ## Actions (41) - 2025-05-20: Chapter No. 2025-28 - 2025-05-16: Approved by Governor - 2025-05-16: Signed by Officers and presented to Governor - 2025-04-24: Ordered enrolled (House) - 2025-04-24: In Messages (House) - 2025-04-24: CS passed; YEAS 37 NAYS 0 -SJ 547 (Senate) - 2025-04-24: Read 3rd time -SJ 547 (Senate) - 2025-04-24: Read 2nd time -SJ 547 (Senate) - 2025-04-24: Substituted for CS/CS/SB 988 -SJ 547 (Senate) - 2025-04-24: Placed on Calendar, on 2nd reading (Senate) - 2025-04-24: Withdrawn from Fiscal Policy -SJ 547 (Senate) - 2025-04-22: Received (Senate) - 2025-04-16: Referred to Fiscal Policy (Senate) - 2025-04-16: In Messages (Senate) - 2025-04-16: CS passed; YEAS 114, NAYS 0 (House) - 2025-04-16: Read 3rd time (House) - 2025-04-16: Added to Third Reading Calendar (House) - 2025-04-16: Placed on 3rd reading (House) - 2025-04-16: Read 2nd time (House) - 2025-04-10: Bill added to Special Order Calendar (4/16/2025) (House) - 2025-04-09: Added to Second Reading Calendar (House) - 2025-04-09: Bill referred to House Calendar (House) - 2025-04-08: 1st Reading (Committee Substitute 2) (House) - 2025-04-08: CS Filed (House) - 2025-04-08: Laid on Table under Rule 7.18(a) (House) - 2025-04-08: Reported out of Commerce Committee (House) - 2025-04-07: Favorable with CS by Commerce Committee (House) - 2025-04-03: Added to Commerce Committee agenda (House) - 2025-03-11: Now in Commerce Committee (House) - 2025-03-11: Referred to Commerce Committee (House) - 2025-03-10: 1st Reading (Committee Substitute 1) (House) - 2025-03-10: CS Filed (House) - 2025-03-10: Laid on Table under Rule 7.18(a) (House) - 2025-03-10: Reported out of Insurance & Banking Subcommittee (House) - 2025-03-05: Favorable with CS by Insurance & Banking Subcommittee (House) - 2025-03-04: 1st Reading (Original Filed Version) (House) - 2025-03-03: Added to Insurance & Banking Subcommittee agenda (House) - 2025-02-12: Now in Insurance & Banking Subcommittee (House) - 2025-02-12: Referred to Commerce Committee (House) - 2025-02-12: Referred to Insurance & Banking Subcommittee (House) - 2025-02-04: Filed (House) ## Bill text - er, 2025-05-16: [PDF](https://www.flsenate.gov/Session/Bill/2025/379/BillText/er/PDF) - c2, 2025-04-08: [PDF](https://www.flsenate.gov/Session/Bill/2025/379/BillText/c2/PDF) - c1, 2025-03-10: [PDF](https://www.flsenate.gov/Session/Bill/2025/379/BillText/c1/PDF) - Filed, 2025-02-04: [PDF](https://www.flsenate.gov/Session/Bill/2025/379/BillText/Filed/PDF) ## Related bills - HB 1427: Nursing Education Programs (vetoed) - HB 1095: Criminal Offender Substance Abuse Program (vetoed) - HB 6017: Recovery of Damages for Medical Negligence Resulting in Death (vetoed) - HB 1445: Public Officers and Employees (vetoed) - HB 11: Municipal Water and Sewer Utility Rates (vetoed) - HB 5015: State Group Insurance (vetoed) ## Sources - [er (PDF)](https://www.flsenate.gov/Session/Bill/2025/379/BillText/er/PDF) - [c2 (PDF)](https://www.flsenate.gov/Session/Bill/2025/379/BillText/c2/PDF) - [c1 (PDF)](https://www.flsenate.gov/Session/Bill/2025/379/BillText/c1/PDF) - [Filed (PDF)](https://www.flsenate.gov/Session/Bill/2025/379/BillText/Filed/PDF) ## Related - [HB 1427: Nursing Education Programs](https://policyrisk.com/state-bill/FL-HB1427-2025) - [HB 1095: Criminal Offender Substance Abuse Program](https://policyrisk.com/state-bill/FL-HB1095-2025) - [HB 6017: Recovery of Damages for Medical Negligence Resulting in Death](https://policyrisk.com/state-bill/FL-HB6017-2025) - [HB 1445: Public Officers and Employees](https://policyrisk.com/state-bill/FL-HB1445-2025) - [HB 11: Municipal Water and Sewer Utility Rates](https://policyrisk.com/state-bill/FL-HB11-2025) - [HB 5015: State Group Insurance](https://policyrisk.com/state-bill/FL-HB5015-2025) - [Florida bills](https://policyrisk.com/states/florida/bills) - [Florida state hub](https://policyrisk.com/states/florida) - [All state legislation](https://policyrisk.com/state-bills) Source: PRIA, https://policyrisk.com/state-bill/FL-HB379-2025 (as of 2026-10-17).