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Bill

SB 1074

One-cent Piece

2026 Regular Session Introduced by Don Gaetz

SB 1074 addresses Florida penny policies but the specific provisions require full bill text review to determine regulatory scope and impact.

Chapter No. 2026-68
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WeVote Research Nonpartisan
Bill Summary · SB 1074

Legislative bill overview

SB 1074 appears to address policies or regulations related to one-cent coins (pennies) in Florida. Without access to the full bill text, the specific provisions—whether creating exemptions from penny use, establishing penny collection programs, or modifying currency-related regulations—cannot be determined from the filing information alone.

Why is this important

Penny-related legislation typically addresses either the practical costs of penny production and circulation versus their minimal purchasing power, or business practices around penny transactions. This could affect retail operations, consumer transactions, or state fiscal policy depending on the bill's actual content.

Potential points of contention

  • Economic efficiency vs. tradition: Debates about whether eliminating or restricting pennies improves commerce or removes a traditional form of currency
  • Rounding practices: Questions about how eliminating pennies affects pricing, particularly for lower-income consumers who may be disadvantaged by rounding up
  • Federal currency authority: Potential conflict between state law and federal monetary policy, since coin production is federally regulated

Compiled from official sources — confirm details with the bill’s official record.

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