CS/HB 1221: Department of Financial Services
GENERAL BILL by Insurance & Banking Subcommittee ; LaMarca
Department of Financial Services; Revises provisions related to DFS including firefighter employment, CFO rulemaking, My Safe Florida Home Program, coordinating council, purchase of insurance, licensing & examination, public adjusters, bail bonds, & abandoned & unclaimed property.
Effective Date: effect upon becoming a law
Last Action: 2/6/2026 House - Now in State Administration Budget Subcommittee
Bill Text: PDF
Last Action: 2/6/2026 House - Now in State Administration Budget Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/8/2026 | House |
• Filed |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
| 1/15/2026 | House |
• Referred to Insurance & Banking Subcommittee • Referred to State Administration Budget Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 1/30/2026 | House |
• Added to Insurance & Banking Subcommittee agenda |
| 2/3/2026 | House |
• Favorable with CS by Insurance & Banking Subcommittee |
| 2/4/2026 | House |
• Reported out of Insurance & Banking Subcommittee • Laid on Table under Rule 7.18(a) • CS Filed • 1st Reading (Committee Substitute 1) |
| 2/6/2026 | House |
• Referred to State Administration Budget Subcommittee • Referred to Commerce Committee • Now in State Administration Budget Subcommittee |
Related Bills
| Bill Number | Subject | Filed By | Relationship | Last Action and Location | Track Bills |
|---|---|---|---|---|---|
| S 1452 (c1) | Department of Financial Services | Truenow | Similar | Last Action: 2/9/2026 S Now in Appropriations Committee on Agriculture, Environment, and General Government |
|
Committee Amendments
| Amendment | Sponsor | Filed | Last Committee Action | Format |
|---|---|---|---|---|
|
446165 - Amendment Remove lines 881-885 and insert: |
LaMarca |
2/2/2026 5:09 PM |
Adopted without Objection
2/3/2026 |
|
|
969469 - Strike All Amendment Remove lines 552-563 and insert: |
LaMarca |
2/2/2026 5:07 PM |
Adopted without Objection
2/3/2026 |
|
|
705863 - Strike All Amendment Between lines 1281 and 1282, insert: |
LaMarca |
2/2/2026 5:10 PM |
Adopted without Objection
2/3/2026 |
Floor Amendments
No Floor Amendments Available
Bill Analyses
| Type | Analysis | Author | Posted | Format |
|---|---|---|---|---|
| Bill Analysis | H 1221 | Insurance & Banking Subcommittee (Post-Meeting) | 2/4/2026 6:27 PM |
Vote History - Committee
No Committee Vote History AvailableVote History - Floor
No Vote History AvailableCitations - Statutes (77)
| Citation | Catchline | Location in Bill Location In Bill Help |
|---|---|---|
| 112.3135 | Restriction on employment of relatives. | Page 12 (pdf) |
| 197.582 | Disbursement of proceeds of sale. | Page 156 (pdf) |
| 215.422 | Payments, warrants, and invoices; processing time limits; dispute resolution; agency or judicial branch compliance. | Page 13 (pdf) |
| 215.5586 | My Safe Florida Home Program. | Page 13 (pdf) |
| 215.96 | Coordinating council and design and coordination staff. | Page 25 (pdf) |
| 284.08 | Reinsurance on excess coverage and approval by Department of Management Services. | Page 28 (pdf) |
| 284.33 | Purchase of insurance, reinsurance, and services. | Page 28 (pdf) |
| 440.13 | Medical services and supplies; penalty for violations; limitations. | Page 30 (pdf) |
| 497.1411 | Page 32 (pdf) | |
| 497.142 | Licensing; fingerprinting and criminal background checks. | Page 36 (pdf) |
| 626.171 | Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. | Page 37 (pdf) |
| 626.292 | Transfer of license from another state. | Page 41 (pdf) |
| 626.611 | Grounds for compulsory refusal, suspension, or revocation of agent’s, title agency’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. | Page 42 (pdf) |
| 626.621 | Grounds for discretionary refusal, suspension, or revocation of agent’s, adjuster’s, customer representative’s, service representative’s, or managing general agent’s license or appointment. | Page 46 (pdf) |
| 626.731 | Qualifications for general lines agent’s license. | Page 50 (pdf) |
| 626.785 | Qualifications for license. | Page 51 (pdf) |
| 626.831 | Qualifications for license. | Page 51 (pdf) |
| 626.854 | “Public adjuster” defined; prohibitions. | Page 53 (pdf) |
| 626.9541 | Unfair methods of competition and unfair or deceptive acts or practices defined. | Page 158 (pdf) |
| 648.34 | Bail bond agents; qualifications. | Page 53 (pdf) |
| 648.382 | Appointment of bail bond agents and bail bond agencies; effective date of appointment. | Page 54 (pdf) |
| 717.001 | Short title. | Page 56 (pdf) |
| 717.101 | Definitions. | Page 56 (pdf) |
| 717.102 | Property presumed unclaimed; general rule. | Page 64 (pdf) |
| 717.103 | General rules for taking custody of intangible unclaimed property. | Page 67 (pdf) |
| 717.1035 | Property originated or issued by this state, any political subdivision of this state, or any entity incorporated, organized, created, or otherwise located in the state. | Page 69 (pdf) |
| 717.104 | Traveler’s checks and money orders. | Page 69 (pdf) |
| 717.1045 | Gift certificates and similar credit items. | Page 71 (pdf) |
| 717.105 | Checks, drafts, and similar instruments issued or certified by banking and financial organizations. | Page 72 (pdf) |
| 717.106 | Bank deposits and funds in financial organizations. | Page 73 (pdf) |
| 717.107 | Funds owing under life insurance policies, annuity contracts, and retained asset accounts; fines, penalties, and interest; United States Social Security Administration Death Master File. | Page 76 (pdf) |
| 717.1071 | Lost owners of unclaimed demutualization, rehabilitation, or related reorganization proceeds. | Page 77 (pdf) |
| 717.108 | Deposits held by utilities. | Page 78 (pdf) |
| 717.109 | Refunds held by business associations. | Page 78 (pdf) |
| 717.1101 | Unclaimed equity and debt of business associations. | Page 79 (pdf) |
| 717.111 | Property of business associations held in course of dissolution. | Page 83 (pdf) |
| 717.112 | Property held by agents and fiduciaries. | Page 83 (pdf) |
| 717.1125 | Property held by fiduciaries under trust instruments. | Page 84 (pdf) |
| 717.113 | Property held by courts and public agencies. | Page 85 (pdf) |
| 717.115 | Wages. | Page 86 (pdf) |
| 717.116 | Contents of safe-deposit box or other safekeeping repository. | Page 86 (pdf) |
| 717.117 | Report of unclaimed property. | Page 86 (pdf) |
| 717.118 | Notification of apparent owners of unclaimed property. | Page 95 (pdf) |
| 717.119 | Payment or delivery of unclaimed property. | Page 97 (pdf) |
| 717.1201 | Custody by state; holder liability; reimbursement of holder paying claim; reclaiming for owner; payment of safe-deposit box or repository charges. | Page 103 (pdf) |
| 717.122 | Public sale of unclaimed property. | Page 105 (pdf) |
| 717.123 | Deposit of funds. | Page 107 (pdf) |
| 717.1235 | Dormant campaign accounts; report of unclaimed property. | Page 108 (pdf) |
| 717.124 | Unclaimed property claims. | Page 109 (pdf) |
| 717.12403 | Unclaimed demand, savings, or checking account in a financial institution held in the name of more than one person. | Page 116 (pdf) |
| 717.12404 | Claims on behalf of a business entity or trust. | Page 118 (pdf) |
| 717.12405 | Claims by estates. | Page 119 (pdf) |
| 717.12406 | Joint ownership of unclaimed securities or dividends. | Page 120 (pdf) |
| 717.1241 | Conflicting claims. | Page 120 (pdf) |
| 717.1242 | Restatement of jurisdiction of the circuit court sitting in probate and the department. | Page 123 (pdf) |
| 717.1243 | Small estate accounts. | Page 123 (pdf) |
| 717.1244 | Determinations of unclaimed property claims. | Page 124 (pdf) |
| 717.1245 | Garnishment of unclaimed property. | Page 125 (pdf) |
| 717.125 | Claim of another state to recover property; procedure. | Page 125 (pdf) |
| 717.126 | Administrative hearing; burden of proof; proof of entitlement; venue. | Page 126 (pdf) |
| 717.1261 | Death certificates. | Page 127 (pdf) |
| 717.1262 | Court documents. | Page 127 (pdf) |
| 717.129 | Periods of limitation. | Page 128 (pdf) |
| 717.1301 | Investigations; examinations; subpoenas. | Page 128 (pdf) |
| 717.1315 | Retention of records by claimant’s representatives and buyers of unclaimed property. | Page 130 (pdf) |
| 717.132 | Enforcement; cease and desist orders; fines. | Page 131 (pdf) |
| 717.1322 | Administrative and civil enforcement. | Page 132 (pdf) |
| 717.133 | Interstate agreements and cooperation; joint and reciprocal actions with other states. | Page 136 (pdf) |
| 717.1333 | Evidence; estimations; audit reports and worksheets, investigator reports and worksheets, other related documents. | Page 136 (pdf) |
| 717.1341 | Invalid claims, recovery of property, interest and penalties. | Page 137 (pdf) |
| 717.135 | Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs or total net gain. | Page 139 (pdf) |
| 717.1356 | Page 143 (pdf) | |
| 717.138 | Rulemaking authority. | Page 145 (pdf) |
| 717.1382 | United States savings bond; unclaimed property; escheatment; procedure. | Page 146 (pdf) |
| 717.139 | Uniformity of application and construction. | Page 148 (pdf) |
| 717.1400 | Registration. | Page 149 (pdf) |
| 772.13 | Civil remedy for terrorism or facilitating or furthering terrorism. | Page 160 (pdf) |
Citations - Constitution (0)
No Constitutional citations.
Citations - Chapter Law (0)
No Chapter Law citations.
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