FL H1249

Creates the Family and Medical Leave Insurance Benefits Fund under the Department of Financial Services, with fund expenditures limited to the family and medical leave insurance benefits program.

Requires the Department of Financial Services to begin collecting contributions for the fund on January 1, 2022, in accordance with section 444.012.

Authorizes the Chief Financial Officer to invest, reinvest, manage, contract, sell, or exchange excess fund revenues upon department approval, subject to powers and limitations in section 17.61.

Takes effect contingent on HB 1245 or similar legislation being adopted in the same legislative session and becoming law.