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Bill > S1704


FL S1704

FL S1704
Department of Financial Services


summary

Introduced
03/01/2019
In Committee
03/08/2019
Crossed Over
Passed
Dead
05/04/2019

Introduced Session

Potential new amendment
2019 Regular Session

Bill Summary

Requiring the Division of Treasury to maintain, rather than turn over to the Division of Accounting and Auditing, warrants drawn by the Chief Financial Officer; deleting a requirement that trust companies, where certain care and maintenance trust funds may be established, must operate pursuant to ch. 660, F.S.; revising requirements for the supervision of licensed funeral establishments by funeral directors in charge; deleting an examination requirement for an applicant for an industrial fire insurance or burglary insurance license, etc.

AI Summary

This bill makes several changes to the Department of Financial Services: It requires the Division of Treasury to maintain, rather than turn over to the Division of Accounting and Auditing, warrants drawn by the Chief Financial Officer. It deletes the requirement that trust companies operating under Chapter 660 must oversee certain care and maintenance trust funds. It revises the supervision requirements for licensed funeral establishments by funeral directors in charge. It also deletes the examination requirement for applicants seeking an industrial fire insurance or burglary insurance license. Overall, the bill aims to streamline certain procedures and requirements within the Department of Financial Services.

Committee Categories

Business and Industry

Sponsors (1)

Other Sponsors (2)

Banking and Insurance (Senate), Innovation, Industry, and Technology (Senate)

Last Action

Laid on Table, companion bill(s) passed, see CS/CS/CS/HB 1393 (Ch. 2019-140) (on 04/29/2019)

bill text


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