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FL S1500
Bill
Status
Introduced
1/8/2026
Primary Sponsor
Banking and Insurance
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AI Summary
- Increases the threshold for summary administration of estates from $75,000 to $150,000 for estates subject to administration in Florida
- Raises the federal income tax refund amount that can be paid directly to surviving family members without court proceedings from $2,500 to $5,000
- Increases the maximum amount financial institutions may pay to a decedent's family member from qualified accounts without court proceedings from $1,000 to $2,000
- Requires lessors of safe-deposit boxes to grant access to personal representatives who present letters of administration, and allows representatives to pay accumulated charges and terminate leases
- Authorizes courts to award taxable costs and attorney fees to prevailing personal representatives in proceedings to enforce their authority, with payment potentially assessed against persons whose actions necessitated the enforcement
Legislative Description
Estates
Last Action
Laid on Table, refer to CS/HB 1337
2/26/2026
Committee Referrals
Rules2/5/2026
Banking and Insurance1/27/2026
Full Bill Text
No bill text available