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FL S0570
Bill
Status
Introduced
11/18/2025
Primary Sponsor
Banking and Insurance
Click for details
AI Summary
- Creates the Task Force on Payment Scams within the Department of Financial Services, to be established by October 1, 2026, and chaired by the Chief Financial Officer
- Includes approximately 17 members representing state agencies (Attorney General, Commissioner of Agriculture, Secretary of Commerce), financial institutions, credit unions, digital payment networks, community banks, consumer groups, technology platforms, and scam victim advocates
- Requires the task force to evaluate best practices for combating spoofed calls, scam texts, malicious websites, and business email compromise schemes, while assessing prevention methods used by other jurisdictions
- Mandates at least three meetings in the first year and submission of an initial report to the Legislature within one year, followed by annual updates detailing findings and legislative recommendations
- Task force members serve without compensation but receive per diem and travel expense reimbursement; the task force automatically repeals on October 2, 2029, unless reenacted by the Legislature
Legislative Description
Task Force on Payment Scams
Last Action
CS by Banking and Insurance read 1st time
2/4/2026
Committee Referrals
Appropriations Subcommittee on Agriculture, Environment, and General Government1/29/2026
Full Bill Text
No bill text available