CS/CS/CS/HB 1393 - Department of Financial Services

• Modifies cemetery, funeral, and preneed contract regulations, including requirements for care and maintenance trust funds, funeral director licenses, and notice procedures for distributing preneed contract funds after 50 years or beneficiary death.

• Creates new fire alarm permit application requirements for contractors installing or replacing fire alarms, specifying uniform application format and submission procedures to local enforcement agencies.

• Establishes the Florida Blockchain Task Force within the Department of Financial Services with 13 members to develop a master plan for blockchain technology adoption in state and local government operations.

• Revises insurance licensing requirements including temporary license types, disqualification periods, examination exemptions, and grounds for administrative action against insurance agencies.

• Modifies unclaimed property claim procedures to allow electronic submission of documents and expedited disbursement processes for accounts under $2,000 and for certain government entities.