Regulatory & Compliance

Senate excludes interchange and rate-cap amendments, advancing bipartisan stablecoin legislation backed by credit unions and community banks.

New rules redefine issuance procedures, expand use of supervisory guidance and restrict Civil Penalty Fund spending on consumer education.

Senate draft retains key financial provisions while exempting CUs from remittance tax and preserving the tax-exempt status.

New filing cites a recent federal ruling to argue the NCUA Board lacks independent enforcement power, reinforcing protections against politically-motivated dismissal.

The coalition warns HB 1553 would limit consumer choice, reduce access to regulated financial services and weaken state-chartered institutions.

New law brings regulatory parity, expense reimbursements and greater flexibility to Florida's state-chartered credit unions.