Bill > H0195

This bill creates the Task Force on Payment Scams, which will be administratively supported by the Department of Financial Services, with the purpose of recognizing and averting payment scams across various industries. The task force will be established by October 1, 2026, and will consist of representatives from state agencies, financial institutions, credit unions, digital payment networks, consumer groups, and victim support networks. Members will serve without compensation but can receive travel expenses, and the task force will meet at least three times per year. The task force's key duties include evaluating best practices for combating scam methods, assessing prevention strategies from other jurisdictions, identifying current scam techniques, developing consumer education programs, coordinating law enforcement efforts, and recommending potential legislative solutions to mitigate payment scams. The task force is required to submit an initial comprehensive report within one year of establishment to the Florida Senate President and House Speaker, with subsequent annual updates, and will be subject to potential repeal in October 2029 unless the Legislature chooses to reenact it. The bill defines "payment" as any electronic fund transfer mechanism and aims to provide a cross-sector approach to understanding and preventing payment scams that impact individuals across financial services, telecommunications, and technology industries.

Business and Industry

https://www.flsenate.gov/Session/Bill/2026/195