# Florida HB 505: Virtual Currency Kiosks Florida HB 505, Virtual Currency Kiosks, is a 2026 House bill sponsored by Michael Owen (Republican); status signed, last action 2026-06-29 (Chapter No. 2026-178; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130)); PRIA reads it as touching household money (as of 2026-10-14). - Canonical: https://policyrisk.com/state-bill/FL-HB505-2026 - As of: 2026-10-14 - Plain-text twin of the page above; the HTML and this file carry the same facts. ## Facts - Bill: Florida HB 505 - State: Florida - Session: 2026 - Title: Virtual Currency Kiosks - Status: signed - Chamber: House - Introduced: 2025-11-20 - Last action: 2026-06-29, Chapter No. 2026-178; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130) - Sponsor: Michael Owen (Republican) - Cosponsors: 2 - Subjects: Appropriation, Insurance & Banking Subcommittee, Commerce Committee, House Calendar, Rules - Touches household money: yes - Roll calls: 3 (252 yes, 0 no in all) - Economic provisions PRIA read: 6 ## Summary No summary available. ## Bill overview: provisions PRIA read - Refunds for first kiosk fraud losses: benefit, medium. Beginning January 1, 2027, customers get a full refund for their first kiosk virtual currency transaction when they report alleged fraud. Within 60 days of the transaction, they must notify both the business and a law enforcement or government agency. They must also give the business proof, such as… - Fraud warnings and receipts for customers: benefit, low. Beginning January 1, 2027, Florida kiosks must clearly display a fraud warning before customers begin a transaction. It tells customers directed there by strangers or supposed officials to stop and contact a financial advisor or local police. Customers choose paper or electronic receipts showing th… - Daily limits for virtual currency customers: cost, low. Beginning January 1, 2027, new kiosk customers can transact no more than $2,000 per calendar day. Existing customers have a $10,000 daily limit. New customers have used kiosks for fewer than 7 days; existing customers have used them for 7 days or more. All transactions across all kiosks count towar… - Kiosk operators face ongoing compliance checks: cost, low. Beginning January 1, 2027, applicants must disclose business, organization, agent, kiosk-location, and control-person details, including identification numbers and employment history. They must attest to maintained blockchain-analysis policies that prevent transfers to wallets linked to known crimi… - Penalties for unregistered money services operators: cost, low. Beginning January 1, 2027, enforcement rules expressly cover providing or advertising money services without required registration, including kiosk activity. Operators without a required license or registration, and without an exemption, face enforcement; their transactions are void. Unlicensed age… - Registration rules for virtual currency businesses: cost, low. Beginning January 1, 2027, Florida's money-services rules cover businesses offering terminals that exchange virtual currency for dollars or other virtual currency. Beginning March 1, 2027, kiosk businesses generally must register with Florida's Office of Financial Regulation before operating. Regis… ## Sponsors and cosponsors - Sponsor: Michael Owen (Republican), House - Cosponsor: Commerce Committee - Cosponsor: Dan Daley (Democratic), House ## Roll call votes | Date | Chamber | Motion | Result | Yes | No | Other | | --- | --- | --- | --- | --- | --- | --- | | 2026-03-12 | House | House Floor Vote | pass | 107 | 0 | | | 2026-02-25 | Senate | Senate Floor Vote | pass | 37 | 0 | | | 2026-02-17 | House | House Floor Vote | pass | 108 | 0 | | ## Actions (41) - 2026-06-29: Chapter No. 2026-178; Companion bill(s) passed, see CS/CS/HB 1087 (Ch. 2026-130) - 2026-06-26: Approved by Governor - 2026-06-15: Signed by Officers and presented to Governor - 2026-03-12: Ordered engrossed, then enrolled (House) - 2026-03-12: CS passed as amended; YEAS 107, NAYS 0 (House) - 2026-03-12: Amendment 518110 Concur (House) - 2026-03-12: Added to Senate Message List (House) - 2026-02-25: In Messages (House) - 2026-02-25: Immediately certified -SJ 437 (Senate) - 2026-02-25: CS passed as amended; YEAS 37 NAYS 0 -SJ 432 (Senate) - 2026-02-25: Read 3rd time -SJ 432 (Senate) - 2026-02-25: Amendment(s) adopted (518110) -SJ 429 (Senate) - 2026-02-25: Read 2nd time -SJ 429 (Senate) - 2026-02-25: Substituted for CS/CS/SB 198 -SJ 429 (Senate) - 2026-02-25: Placed on Calendar, on 2nd reading (Senate) - 2026-02-25: Withdrawn from Rules -SJ 429 (Senate) - 2026-02-18: Received (Senate) - 2026-02-18: Referred to Rules (Senate) - 2026-02-17: In Messages (Senate) - 2026-02-17: CS passed; YEAS 108, NAYS 0 (House) - 2026-02-17: Read 3rd time (House) - 2026-02-17: Added to Third Reading Calendar (House) - 2026-02-17: Read 2nd time (House) - 2026-02-10: Bill added to Special Order Calendar (2/17/2026) (House) - 2026-02-02: Added to Second Reading Calendar (House) - 2026-02-02: Bill referred to House Calendar (House) - 2026-01-29: 1st Reading (Committee Substitute 1) (House) - 2026-01-28: CS Filed (House) - 2026-01-28: Laid on Table under Rule 7.18(a) (House) - 2026-01-28: Reported out of Commerce Committee (House) - 2026-01-27: Favorable with CS by Commerce Committee (House) - 2026-01-23: Added to Commerce Committee agenda (House) - 2026-01-13: 1st Reading (Original Filed Version) (House) - 2025-12-09: Now in Commerce Committee (House) - 2025-12-09: Reported out of Insurance & Banking Subcommittee (House) - 2025-12-09: Favorable by Insurance & Banking Subcommittee (House) - 2025-12-02: Added to Insurance & Banking Subcommittee agenda (House) - 2025-11-24: Now in Insurance & Banking Subcommittee (House) - 2025-11-24: Referred to Commerce Committee (House) - 2025-11-24: Referred to Insurance & Banking Subcommittee (House) - 2025-11-20: Filed (House) ## Bill text - er, 2026-06-29: [PDF](https://www.flsenate.gov/Session/Bill/2026/505/BillText/er/PDF) - e1, 2026-03-12: [PDF](https://www.flsenate.gov/Session/Bill/2026/505/BillText/e1/PDF) - c1, 2026-01-28: [PDF](https://www.flsenate.gov/Session/Bill/2026/505/BillText/c1/PDF) - Filed, 2025-11-20: [PDF](https://www.flsenate.gov/Session/Bill/2026/505/BillText/Filed/PDF) ## Related bills - SB 14: Relief of Jose Correa by Miami-Dade County (signed) - HB 6517: Relief/Heriberto A. Sanchez-Mayen/City of St. Petersburg (signed) - HB 6509: Relief/Estate of Mark LaGatta/Department of Transportation (signed) - HB 6507: Relief/L.E./Department of Children and Families (signed) - HB 6515: Relief/Lourdes Latour and Edward Latour/Miami-Dade County (signed) - HB 4103: Apalachicola Water and Sewer District, Franklin County (signed) ## Sources - [er (PDF)](https://www.flsenate.gov/Session/Bill/2026/505/BillText/er/PDF) - [e1 (PDF)](https://www.flsenate.gov/Session/Bill/2026/505/BillText/e1/PDF) - [c1 (PDF)](https://www.flsenate.gov/Session/Bill/2026/505/BillText/c1/PDF) - [Filed (PDF)](https://www.flsenate.gov/Session/Bill/2026/505/BillText/Filed/PDF) ## Related - [SB 14: Relief of Jose Correa by Miami-Dade County](https://policyrisk.com/state-bill/FL-SB14-2026) - [HB 6517: Relief/Heriberto A. Sanchez-Mayen/City of St. Petersburg](https://policyrisk.com/state-bill/FL-HB6517-2026) - [HB 6509: Relief/Estate of Mark LaGatta/Department of Transportation](https://policyrisk.com/state-bill/FL-HB6509-2026) - [HB 6507: Relief/L.E./Department of Children and Families](https://policyrisk.com/state-bill/FL-HB6507-2026) - [HB 6515: Relief/Lourdes Latour and Edward Latour/Miami-Dade County](https://policyrisk.com/state-bill/FL-HB6515-2026) - [HB 4103: Apalachicola Water and Sewer District, Franklin County](https://policyrisk.com/state-bill/FL-HB4103-2026) - [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-HB505-2026 (as of 2026-10-14).