The bill amends section 460.413 of the Florida Statutes, specifically addressing the management of patient funds held in trust by chiropractic physicians. It removes the previous limitation on the amount of patient funds that can be held in trust for specific purposes, which was capped at $1,500. The bill clarifies that money or other property entrusted to a chiropractic physician for a specific purpose must be held in trust and applied solely to that purpose. Additionally, it emphasizes that patient funds are not subject to counterclaims for the physician's fees and outlines the requirements for maintaining identifiable bank accounts for patient funds.

The legislation also reinforces the responsibilities of chiropractic physicians regarding the handling of patient funds, including the obligation to maintain complete records and provide appropriate accounts to patients. It mandates that funds belonging to patients, other than advances for costs and expenses, must be deposited into identifiable bank accounts, with specific provisions for handling funds that may belong partially to the physician. The act is set to take effect on July 1, 2026.

Statutes affected:
S 192 Filed: 460.413
S 192 er: 460.413