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FL H1073

Bill

Status

Passed

3/27/2018

Primary Sponsor

Commerce Committee

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Establishes electronic images of warrants, vouchers, and checks as original records for the Division of Treasury; permits destruction of physical documents after electronic reproduction and audit completion.

  • Renames the Bureau of Fire and Arson Investigations to Bureau of Fire, Arson, and Explosives Investigations, and creates new Bureau of Insurance Fraud and Bureau of Workers' Compensation Fraud within the Division of Investigative and Forensic Services.

  • Requires child transition plans to address financial literacy and mandates safety coordinators complete training within one year of appointment; establishes return-to-work reporting requirements for agencies.

  • Creates Florida Open Financial Statement System requiring local governmental financial statements be filed in eXtensible Business Reporting Language (XBRL) format beginning September 1, 2022; appropriates $500,000 for system development.

  • Makes numerous changes to insurance licensing and agent regulations, including managing general agent producer license requirements, adjustor examination exemptions, and clarification of agent appointment and conduct standards.

Legislative Description

Department of Financial Services

Last Action

Chapter No. 2018-102

3/27/2018

Committee Referrals

Banking and Insurance3/1/2018
Commerce Committee2/7/2018
Government Operations and Technology Appropriations Subcommittee1/26/2018
Insurance And Banking Subcommittee1/3/2018

Full Bill Text

No bill text available