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Bill > H1113


FL H1113

FL H1113
Fiduciary Duty of Care for Appointed Public Officials and Executive Officers


summary

Introduced
01/06/2020
In Committee
01/13/2020
Crossed Over
Passed
Dead
03/14/2020

Introduced Session

2020 Regular Session

Bill Summary

An act relating to the fiduciary duty of care for appointed public officials and executive officers; providing a directive to the Division of Law Revision to create part IX of ch. 112, F.S.; creating s. 112.89, F.S.; providing legislative findings and purpose; defining terms; 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 such training; authorizing training to be provided by in-house counsel for certain governmental entities; requiring appointed public officials and executive officers to certify their completion of the annual training; requiring the department to adopt rules; providing an exception to the training requirement; specifying requirements for the appointment of executive officers and general counsels of governmental entities; specifying standards for legal counsel; providing an effective date. hb1113-00 HB 1113

AI Summary

This bill establishes a fiduciary duty of care for appointed public officials and executive officers of governmental entities in Florida. It defines key terms, sets standards for the fiduciary duty, and requires these officials to complete board governance training. The bill also specifies requirements for the appointment of executive officers and general counsels, and establishes standards for legal counsel. The purpose is to codify the fiduciary duty and ensure these officials act with care, competence, and diligence on behalf of the governmental entities they serve.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (1)

Last Action

Died in Government Operations and Technology Appropriations Subcommittee (on 03/14/2020)

bill text


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