Florida Senate - 2026                                     SB 570
       
       
        
       By Senator Polsky
       
       
       
       
       
       30-00634-26                                            2026570__
    1                        A bill to be entitled                      
    2         An act relating to the Task Force on Payment Scams;
    3         creating s. 17.675, F.S.; creating the Task Force on
    4         Payment Scams adjunct to the Department of Financial
    5         Services; requiring the department to provide
    6         administrative and staff support relating to the
    7         functions of the task force; defining the terms
    8         “payment” and “task force”; requiring the Chief
    9         Financial Officer to establish the task force by a
   10         specified date; providing the purpose of the task
   11         force; providing that members serve without
   12         compensation but are entitled to per diem and travel
   13         expenses; providing requirements for meetings;
   14         providing duties of the task force; providing
   15         reporting requirements; providing for future repeal
   16         and legislative review of the task force; providing an
   17         effective date.
   18          
   19  Be It Enacted by the Legislature of the State of Florida:
   20  
   21         Section 1. Section 17.675, Florida Statutes, is created to
   22  read:
   23         17.675Task Force on Payment Scams.—
   24         (1)The Task Force on Payment Scams, a task force as
   25  defined in s. 20.03(5), is created adjunct to the Department of
   26  Financial Services. Except as otherwise provided in this
   27  section, the task force shall operate in a manner consistent
   28  with s. 20.052. The department shall provide administrative and
   29  staff support relating to the functions of the task force.
   30         (2)As used in this section, the term:
   31         (a)“Payment” means any mechanism through which an
   32  individual can electronically transfer funds to another
   33  individual via a platform or intermediary.
   34         (b)“Task force” means the Task Force on Payment Scams
   35  created under this section.
   36         (3)No later than October 1, 2026, the Chief Financial
   37  Officer shall establish the Task Force on Payment Scams. The
   38  purpose of the task force is to recognize and avert payment
   39  scams by doing all of the following:
   40         (a)Examining current trends and developments in payment
   41  scams, identifying effective methods for preventing such scams,
   42  and issuing recommendations to enhance efforts to identify and
   43  prevent such activities.
   44         (b)Adopting a cross-sector approach to ensure the task
   45  force’s recommendations reflect the full scope of the issue,
   46  given that scams impact individuals across a wide range of
   47  industries, including financial services, telecommunications,
   48  and technology.
   49         (c)Including representation from stakeholders with direct
   50  experience supporting victims of scams, as well as industry
   51  participants with insight into scam tactics and prevention
   52  strategies.
   53         (4)(a)The task force shall be chaired by the Chief
   54  Financial Officer or his or her designee and task force members
   55  shall include all of the following:
   56         1.The Commissioner of Agriculture or his or her designee.
   57         2.The Attorney General or his or her designee.
   58         3.A representative from the Division of Treasury of the
   59  Department of Financial Services, appointed by the Chief
   60  Financial Officer.
   61         4.The Secretary of Commerce or his or her designee.
   62         5.A representative from the Financial Crime Analysis
   63  Center of the Department of Law Enforcement, appointed by the
   64  Chief Financial Officer.
   65         6.A representative from the Financial Transaction Database
   66  of the Department of Law Enforcement, appointed by the Chief
   67  Financial Officer.
   68         7.A representative from a financial institution who has
   69  expertise in identifying, preventing, and combating payment
   70  scams, appointed by the Chief Financial Officer in consultation
   71  with the task force.
   72         8.A representative from a credit union who has expertise
   73  in identifying, preventing, and combating payment scams,
   74  appointed by the Chief Financial Officer in consultation with
   75  the task force.
   76         9.A representative from a digital payment network who has
   77  expertise in identifying, preventing, and combating payment
   78  scams, appointed by the Chief Financial Officer in consultation
   79  with the task force.
   80         10.A representative from a community bank, appointed by
   81  the Chief Financial Officer in consultation with the task force.
   82         11.A representative from a consumer group, appointed by
   83  the Chief Financial Officer in consultation with the task force.
   84         12.A representative from an industry association
   85  representing technology or online platforms, appointed by the
   86  Chief Financial Officer in consultation with the task force.
   87         13.Not more than five representatives appointed by the
   88  Chief Financial Officer to represent scam victims, scam victim
   89  support networks, and other relevant stakeholders in order to
   90  better assist consumers and stakeholders.
   91         (b)Members of the task force shall serve until the
   92  termination of the task force. Any vacancy occurring in the
   93  membership of the task force shall be filled in the same manner
   94  in which the original appointment was made.
   95         (c)Members of the task force:
   96         1.Shall serve without compensation, except that employees
   97  of this state shall receive the same salaries and benefits as
   98  they would without serving on the task force.
   99         2.Are entitled to receive reimbursement for per diem and
  100  travel expenses pursuant to s. 112.061.
  101         (d)The task force shall meet at least three times during
  102  the 1-year period beginning on October 1, 2026, and thereafter
  103  at such times and places and by such means as the chair of the
  104  task force determines to be appropriate, which may include the
  105  use of communications media technology.
  106         (5)The duties of the task force include all of the
  107  following:
  108         (a)Evaluating best practices for combating scammer
  109  methods, such as spoofed calls, scam text messages, and
  110  malicious advertisements, pop-ups, and websites.
  111         (b)Assessing how other state, federal, and international
  112  jurisdictions have tried to prevent payment scams.
  113         (c)Identifying and reviewing current methods used to scam
  114  a consumer through payment platforms.
  115         (d)Determining a strategy for education programs that
  116  better equip consumers to identify, avoid, and report payment
  117  scam attempts to the appropriate authorities.
  118         (e)Coordinating efforts to ensure perpetrators of payment
  119  scams can be identified and pursued by law enforcement.
  120         (f)Consulting with other relevant stakeholders, including
  121  federal, state, local, and tribal agencies and financial
  122  services providers.
  123         (g)Determining whether any additional legislation would be
  124  beneficial for law enforcement and industry in mitigating
  125  payment scams.
  126         (h)Identifying potential solutions to payment scams
  127  involving business e-mail compromise.
  128         (6)(a)No later than 1 year after the date on which the
  129  task force is established, the task force shall submit to the
  130  President of the Senate and the Speaker of the House of
  131  Representatives and make publicly available online a report
  132  detailing all of the following:
  133         1.The results of the reviews and evaluations of the task
  134  force under subsection (5).
  135         2.The strategy identified under subsection (5).
  136         3.Any legislative or regulatory recommendations described
  137  in subsection (5) which would enhance the ability to detect and
  138  prevent payment scams.
  139         4.Recommendations to enhance cooperation among federal,
  140  state, local, and tribal authorities in the investigation and
  141  prosecution of scams and other financial crimes, including
  142  harmonizing data collection, improving reporting mechanisms and
  143  channels, estimating the number of complaints and consumers
  144  affected, and evaluating the effectiveness of anti-scam training
  145  programs.
  146         (b)After submitting an initial report required under
  147  paragraph (a), the task force shall submit annually to the
  148  President of the Senate and the Speaker of the House of
  149  Representatives and make publicly available online an updated
  150  version of the report.
  151         (7)In accordance with s. 20.052(8), this section is
  152  repealed October 2, 2029, unless reviewed and saved from repeal
  153  through reenactment by the Legislature.
  154         Section 2. This act shall take effect July 1, 2026.