HB 1221: Department of Financial Services
GENERAL BILL by LaMarca
Department of Financial Services; Revises provisions related to DFS including 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: 1/13/2026 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Last Action: 1/13/2026 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/8/2026 | House |
• Filed |
| 1/13/2026 | House |
• 1st Reading (Original Filed Version) |
Related Bills
| Bill Number | Subject | Filed By | Relationship | Last Action and Location | Track Bills |
|---|---|---|---|---|---|
| S 1452 | Department of Financial Services | Truenow | Identical | Last Action: 1/8/2026 S Filed |
|
Committee Amendments
No Committee Amendments Available
Floor Amendments
No Floor Amendments Available
Bill Analyses
No Bill Analyses AvailableVote History - Committee
No Committee Vote History AvailableVote History - Floor
No Vote History AvailableCitations - Statutes (76)
| Citation | Catchline | Location in Bill Location In Bill Help |
|---|---|---|
| 197.582 | Disbursement of proceeds of sale. | Page 155 (pdf) |
| 215.422 | Payments, warrants, and invoices; processing time limits; dispute resolution; agency or judicial branch compliance. | Page 12 (pdf) |
| 215.5586 | My Safe Florida Home Program. | Page 12 (pdf) |
| 215.96 | Coordinating council and design and coordination staff. | Page 24 (pdf) |
| 284.08 | Reinsurance on excess coverage and approval by Department of Management Services. | Page 26 (pdf) |
| 284.33 | Purchase of insurance, reinsurance, and services. | Page 27 (pdf) |
| 440.13 | Medical services and supplies; penalty for violations; limitations. | Page 29 (pdf) |
| 497.1411 | Page 31 (pdf) | |
| 497.142 | Licensing; fingerprinting and criminal background checks. | Page 35 (pdf) |
| 626.171 | Application for license as an agent, customer representative, adjuster, service representative, or reinsurance intermediary. | Page 36 (pdf) |
| 626.292 | Transfer of license from another state. | Page 40 (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 41 (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 45 (pdf) |
| 626.731 | Qualifications for general lines agent’s license. | Page 48 (pdf) |
| 626.785 | Qualifications for license. | Page 50 (pdf) |
| 626.831 | Qualifications for license. | Page 50 (pdf) |
| 626.854 | “Public adjuster” defined; prohibitions. | Page 51 (pdf) |
| 626.9541 | Unfair methods of competition and unfair or deceptive acts or practices defined. | Page 157 (pdf) |
| 648.34 | Bail bond agents; qualifications. | Page 52 (pdf) |
| 648.382 | Appointment of bail bond agents and bail bond agencies; effective date of appointment. | Page 52 (pdf) |
| 717.001 | Short title. | Page 55 (pdf) |
| 717.101 | Definitions. | Page 55 (pdf) |
| 717.102 | Property presumed unclaimed; general rule. | Page 63 (pdf) |
| 717.103 | General rules for taking custody of intangible unclaimed property. | Page 66 (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 68 (pdf) |
| 717.104 | Traveler’s checks and money orders. | Page 68 (pdf) |
| 717.1045 | Gift certificates and similar credit items. | Page 70 (pdf) |
| 717.105 | Checks, drafts, and similar instruments issued or certified by banking and financial organizations. | Page 71 (pdf) |
| 717.106 | Bank deposits and funds in financial organizations. | Page 72 (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 75 (pdf) |
| 717.1071 | Lost owners of unclaimed demutualization, rehabilitation, or related reorganization proceeds. | Page 76 (pdf) |
| 717.108 | Deposits held by utilities. | Page 77 (pdf) |
| 717.109 | Refunds held by business associations. | Page 77 (pdf) |
| 717.1101 | Unclaimed equity and debt of business associations. | Page 78 (pdf) |
| 717.111 | Property of business associations held in course of dissolution. | Page 82 (pdf) |
| 717.112 | Property held by agents and fiduciaries. | Page 82 (pdf) |
| 717.1125 | Property held by fiduciaries under trust instruments. | Page 83 (pdf) |
| 717.113 | Property held by courts and public agencies. | Page 84 (pdf) |
| 717.115 | Wages. | Page 84 (pdf) |
| 717.116 | Contents of safe-deposit box or other safekeeping repository. | Page 85 (pdf) |
| 717.117 | Report of unclaimed property. | Page 85 (pdf) |
| 717.118 | Notification of apparent owners of unclaimed property. | Page 94 (pdf) |
| 717.119 | Payment or delivery of unclaimed property. | Page 96 (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 101 (pdf) |
| 717.122 | Public sale of unclaimed property. | Page 103 (pdf) |
| 717.123 | Deposit of funds. | Page 106 (pdf) |
| 717.1235 | Dormant campaign accounts; report of unclaimed property. | Page 107 (pdf) |
| 717.124 | Unclaimed property claims. | Page 108 (pdf) |
| 717.12403 | Unclaimed demand, savings, or checking account in a financial institution held in the name of more than one person. | Page 115 (pdf) |
| 717.12404 | Claims on behalf of a business entity or trust. | Page 117 (pdf) |
| 717.12405 | Claims by estates. | Page 118 (pdf) |
| 717.12406 | Joint ownership of unclaimed securities or dividends. | Page 118 (pdf) |
| 717.1241 | Conflicting claims. | Page 119 (pdf) |
| 717.1242 | Restatement of jurisdiction of the circuit court sitting in probate and the department. | Page 122 (pdf) |
| 717.1243 | Small estate accounts. | Page 122 (pdf) |
| 717.1244 | Determinations of unclaimed property claims. | Page 123 (pdf) |
| 717.1245 | Garnishment of unclaimed property. | Page 123 (pdf) |
| 717.125 | Claim of another state to recover property; procedure. | Page 124 (pdf) |
| 717.126 | Administrative hearing; burden of proof; proof of entitlement; venue. | Page 125 (pdf) |
| 717.1261 | Death certificates. | Page 126 (pdf) |
| 717.1262 | Court documents. | Page 126 (pdf) |
| 717.129 | Periods of limitation. | Page 126 (pdf) |
| 717.1301 | Investigations; examinations; subpoenas. | Page 127 (pdf) |
| 717.1315 | Retention of records by claimant’s representatives and buyers of unclaimed property. | Page 128 (pdf) |
| 717.132 | Enforcement; cease and desist orders; fines. | Page 130 (pdf) |
| 717.1322 | Administrative and civil enforcement. | Page 131 (pdf) |
| 717.133 | Interstate agreements and cooperation; joint and reciprocal actions with other states. | Page 134 (pdf) |
| 717.1333 | Evidence; estimations; audit reports and worksheets, investigator reports and worksheets, other related documents. | Page 135 (pdf) |
| 717.1341 | Invalid claims, recovery of property, interest and penalties. | Page 136 (pdf) |
| 717.135 | Recovery agreements and purchase agreements for claims filed by a claimant’s representative; fees and costs or total net gain. | Page 137 (pdf) |
| 717.1356 | Page 141 (pdf) | |
| 717.138 | Rulemaking authority. | Page 144 (pdf) |
| 717.1382 | United States savings bond; unclaimed property; escheatment; procedure. | Page 144 (pdf) |
| 717.139 | Uniformity of application and construction. | Page 147 (pdf) |
| 717.1400 | Registration. | Page 148 (pdf) |
| 772.13 | Civil remedy for terrorism or facilitating or furthering terrorism. | Page 158 (pdf) |
Citations - Constitution (0)
No Constitutional citations.
Citations - Chapter Law (0)
No Chapter Law citations.
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