This bill amends several sections of the Florida Statutes to enhance the management and reporting of financial operations within the Department of Financial Services. Key changes include the Chief Financial Officer (CFO) now reporting from the Financial Management Subsystem instead of the Florida Accounting Information Resource Subsystem, and the establishment of a standard monthly pay period for state employees by removing the authority for semimonthly salary payments. The bill also introduces provisions for the replacement of lost or destroyed warrants, ensuring that replacements hold the same validity as originals. Additionally, it mandates the CFO to adopt rules for deferred compensation plans, allowing for both pretax and after-tax Roth contributions, and clarifies the calculation of compensation for tax purposes.

Further amendments focus on the regulation of the Special Disability Trust Fund, requiring an orderly closure of the fund by July 1, 2026, and the establishment of new disqualification criteria for funeral industry licensure. The bill also introduces a firefighter recruitment bonus program, offering up to $5,000 for newly employed firefighters, and updates training and certification requirements for firesafety inspectors. Other provisions include changes to insurance licensing processes, such as the removal of race and ethnicity disclosure requirements for applicants, and the introduction of penalties for non-compliance with consumer complaint inquiries. Overall, the bill aims to improve efficiency, accountability, and compliance across various financial and regulatory sectors in Florida.

Statutes affected:
S 1522 Filed: 17.11, 17.13, 110.113, 215.89, 215.985, 216.141, 440.38, 440.107, 497.376, 497.380, 497.386, 497.604, 554.108, 554.114, 554.115, 624.307, 624.317, 626.171, 626.2815, 626.292, 626.731, 626.785, 626.831, 626.8417, 626.8473, 626.9541, 627.70151, 634.3077, 634.406, 648.33, 791.013, 1001.281, 1001.282