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Bill > S1270


FL S1270

FL S1270
Fiduciary Duty of Care for Appointed Public Officials and Executive Officers


summary

Introduced
12/17/2019
In Committee
03/09/2020
Crossed Over
03/06/2020
Passed
Dead
03/14/2020

Introduced Session

2020 Regular Session

Bill Summary

Establishing standards for the fiduciary duty of care for appointed public officials and executive officers of specified governmental entities; requiring training on board governance beginning on a specified date; requiring the Department of Business and Professional Regulation to contract for or approve such training programs or publish a list of approved training providers; specifying requirements for the appointment of executive officers and general counsels of governmental entities, etc.

AI Summary

This bill establishes standards for the fiduciary duty of care for appointed public officials and executive officers of governmental entities in Florida. It requires these officials to act with care, competence, and diligence, stay informed, maintain oversight, and avoid conduct that could damage the financial interests of the governmental entity they serve. The bill also mandates a minimum of 5 hours of board governance training for appointed public officials and executive officers, to be provided or approved by the Department of Business and Professional Regulation. Additionally, the appointment of executive officers and general counsels must be approved by a majority vote of the governmental entity, and legal counsel must represent the interests of the governmental entity, not individual employees.

Committee Categories

Government Affairs, Health and Social Services

Sponsors (1)

Other Sponsors (2)

Community Affairs (Senate), Governmental Oversight and Accountability (Senate)

Last Action

Died in returning Messages (on 03/14/2020)

bill text


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