Florida HB 1303: Department of Financial Services
Status: Died in Insurance & Banking Subcommittee (as of 2026-03-13)
State: Florida · Session: 2026 · Bill: HB 1303
Subjects: executive branch, subject index, taxation and finance
Sponsors: Miller
Bill Text
HB 1303 2026 CODING: Words stricken are deletions; words underlined are additions. hb1303-00 Page 1 of 17 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S A bill to be entitled 1 An act relating to the Department of Financial 2 Services; creating s. 17.324, F.S.; providing 3 definitions; establishing the Florida Agency for 4 Fiscal Oversight within the Department of Financial 5 Services; providing the purpose and duties of the 6 agency; requiring local governments to notify the 7 agency after authorizing specified referendums; 8 requiring the agency to conduct an audit; authorizing 9 the agency to request certain information; providing 10 penalties for noncompliance with such request; 11 requiring certain funds to be deposited in a specified 12 trust fund; authorizing the agency to waive fines in 13 certain circumstances; providing that certain actions 14 may be challenged in a specified manner; authorizing 15 the agency to report certain evidence to specified 16 parties; authorizing the Florida Commission on Ethics 17 to make certain recommendations; authorizing the 18 Department of Financial Services to create a certain 19 analysis using specified information; requiring that 20 such analysis be posted in a specified manner to 21 certain parties; authorizing the Department of 22 Financial Services to adopt rules; amending s. 17.325, 23 F.S.; removing a requirement that a specified hotline 24 be operated for a certain amount of time each day; 25 HB 1303 2026 CODING: Words stricken are deletions; words underlined are additions. hb1303-00 Page 2 of 17 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S removing a requirement that the hotline be advertised 26 in a specified manner; creating s. 112.31424, F.S.; 27 providing definitions; requiring specified employees 28 to take a certain training annually; requiring the 29 first training to be completed by a specified 30 deadline; requiring certain employees who report 31 information to the Florida Agency for Fiscal Oversight 32 be afforded the same protection as whistle-blowers; 33 providing construction; prohibiting local governments 34 from executing certain documents with specified 35 provisions; providing that such contracts are void; 36 requiring local governments to submit a certain report 37 to the Department of Financial Services by a specified 38 date; requiring the department to adopt rules; 39 requiring the department to submit information from 40 the reports to certain entities by a specified date; 41 amending s. 215.985, F.S.; requiring counties to use 42 certain contract tracking systems; providing 43 information required to be tracked; authorizing the 44 use of an alternate contract tracking system in 45 certain circumstances; providing that certain 46 provisions may not be enforced until a specified 47 event; requiring the Chief Financial Officer to make 48 specified changes to the secure contract tracking 49 system by a specified date; providing an effective 50 HB 1303 2026 CODING: Words stricken are deletions; words underlined are additions. hb1303-00 Page 3 of 17 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S date. 51 52 Be It Enacted by the Legislature of the State of Florida: 53 54 Section 1. Section 17.324, Florida Statutes, is created to 55 read: 56 17.324 Florida Agency for Fiscal Oversight.— 57 (1) As used in this section, the term: 58 (a) "Agency" has the same meaning as in s. 283.30. 59 (b) "Local government" has the same meaning as in s. 60 106.113(1). 61 (c) "Noncompliant" means, as determined by the Chief 62 Financial Officer, failing to respond to a request for 63 information, failing to include any requested information, or 64 providing incomplete or materially inaccurate information. 65 (d) "State funds" means funds provided to a local 66 government by the state, state shared revenue, state grants, 67 sales tax collected pursuant to chapter 212, and enterprise 68 funds as defined in s. 350.81(1); however, it does not include 69 local funds derived from local taxes or fees or funds related to 70 public safety. 71 (2) The Florida Agency for Fiscal Oversight is established 72 within the department. The purpose of Florida Agency for Fiscal 73 Oversight is to identify and report unnecessary spending within 74 any agency or local governments and to provide fiscal management 75 HB 1303 2026 CODING: Words stricken are deletions; words underlined are additions. hb1303-00 Page 4 of 17 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S and public spending education and training to such governments. 76 The Florida Agency for Fiscal Oversight shall: 77 (a) Develop the mandatory financial ethics training 78 required under s. 112.31424(2). The training must include 79 instruction on: 80 1. Recognizing misuse of public funds. 81 2. Reporting financial misconduct. 82 3. Whistle-blower rights and protections. 83 (b) Provide guidance and materials to agencies and local 84 governments for internal trainin
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