The bill establishes the Financial Crimes Intelligence Center within the Department of Legal Affairs, as outlined in the newly created section 817.586 of the Florida Statutes. The center is designed to serve as the primary entity for coordinating law enforcement and governmental responses to financial crimes, including fraud, forgery, and check-related offenses. It will also enhance the ability of various agencies to detect and prevent financial fraud. The bill specifies the qualifications for the center's director, who must be a licensed attorney or law enforcement officer, and outlines the center's powers, including collaboration with other agencies, providing training, and serving as a centralized information collection point.

Additionally, the bill mandates the director to submit an annual report starting December 1, 2027, which will include an operational plan, an assessment of financial fraud in the state, and a detailed strategy for combating such crimes. The report will also outline communication plans for outreach to relevant stakeholders and a summary of expenditures. The Department of Legal Affairs is tasked with adopting necessary rules to implement the provisions of this act, which is set to take effect on July 1, 2026.