FL S0472

Creates the "Tariffs Result in Untimely Money Problems (TRUMP) Trust Fund" within the Department of Financial Services to provide financial assistance to homeowners for increased repair and rebuilding costs resulting from federal tariffs

Funds the trust fund with $500 million from unallocated general revenue

Responds to Executive Orders 14193, 14194, and 14257 issued by President Trump in 2025, which imposed tariffs on goods from Canada, Mexico, and a minimum 10% global tariff

Cites National Association of Home Builders estimates that tariffs have increased new home construction costs by approximately $10,900 per home and contributed to an estimated $464 annual increase in homeowners' insurance premiums in Florida

Trust fund is scheduled for termination on July 1, 2030, subject to earlier review under state constitutional requirements