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HB1463 • 2026

Financial Fraud

Financial Fraud

Passed Legislature

This bill passed both chambers and reached final enrollment, even if later executive action is not shown here.

Sponsor
Hodgers
Last action
2026-03-13
Official status
House - Died in Criminal Justice Subcommittee
Effective date
2026-07-01

Plain English Breakdown

The candidate explanation included 'credit card issuers' under who it affects, but this was removed as there is no specific mention of them in the official bill text.

Financial Fraud Prevention

This bill establishes the Financial Crimes Intelligence Center within the Department of Legal Affairs to coordinate efforts against financial fraud.

What This Bill Does

  • Creates a new center called the Financial Crimes Intelligence Center inside the Department of Legal Affairs.
  • Defines what the center does, including planning and coordinating efforts against specific types of financial crimes like false pretenses, forgery, and credit card fraud.
  • Allows the department to make agreements with other agencies for the operation of the center.
  • Requires that a director be appointed from either licensed attorneys or law enforcement officers.
  • Gives the center the power to work with federal, state, and local agencies, provide training, and share information with financial institutions and merchants.
  • Requires an annual report detailing the center's operations and plans for fighting financial fraud.

Who It Names or Affects

  • The Department of Legal Affairs
  • Law enforcement agencies
  • Financial institutions

Terms To Know

Center
Refers to the Financial Crimes Intelligence Center within the Department of Legal Affairs.
Department
The Department of Legal Affairs in Florida.

Limits and Unknowns

  • The bill does not specify how much funding will be provided for the center.
  • It is unclear what specific actions the center can take beyond those listed in the bill.
  • Details about the annual report's exact content and format are not fully defined.

Bill History

  1. 2026-03-13 House

    • Died in Criminal Justice Subcommittee

  2. 2026-01-15 House

    • Referred to Criminal Justice Subcommittee • Referred to Justice Budget Subcommittee • Referred to Judiciary Committee • Now in Criminal Justice Subcommittee

  3. 2026-01-13 House

    • 1st Reading (Original Filed Version)

  4. 2026-01-09 House

    • Filed

Official Summary Text

Financial Fraud; Creates Financial Crimes Intelligence Center within DLA; specifies purposes of center; authorizes certain agreements; requires agreement relating to appointment of director of center; specifies qualifications of director; provides that certain information is intellectual property of department; specifies powers & duties of center; authorizes center to take certain actions; requires annual report by certain date; requires that such report contain certain information; requires department to adopt rules.

Current Bill Text

Read the full stored bill text 
HB 1463 2026

CODING: Words stricken are deletions; words underlined are additions.
hb1463-00
Page 1 of 5
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

A bill to be entitled 1
An act relating to financial fraud; creating s. 2
817.586, F.S.; creating the Financial Crimes 3
Intelligence Center within the Department of Legal 4
Affairs; defining the terms "center" and "department"; 5
specifying the purposes of the center; authorizing 6
certain agreements; requiring an agreement relating to 7
the appointment of a director of the center; 8
specifying the qualifications of the director; 9
providing that certain information is the intellectual 10
property of the department; specifying the powers and 11
duties of the center; authorizing the center to take 12
certain actions; requiring an annual report by a 13
certain date; requiring that such report contain 14
certain information; requiring the department to adopt 15
rules; providing an effective date. 16
17
Be It Enacted by the Legislature of the State of Florida: 18
19
Section 1. Section 817.586, Florida Statutes, is created 20
to read: 21
817.586 Financial Crimes Intelligence Center.— 22
(1) CREATION.—There is created the Financial Crimes 23
Intelligence Center within the Department of Legal Affairs. 24
(2) DEFINITIONS.—As used in this section, the term: 25

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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

(a) "Center" means the Financial Crimes Intelligence 26
Center. 27
(b) "Department" means the Department of Legal Affairs. 28
(3) PURPOSE AND ADMINISTRATION.—The center is created for 29
the following purposes: 30
(a) To serve as this state's primary entity for the 31
planning, coordination, and integration of law enforcement 32
agencies and other governmental agencies that respond to the 33
following criminal activity: 34
1. Violations of parts I and II of chapter 817, relating 35
to false pretenses, frauds, and credit card crimes. 36
2. Violations of chapter 831, relating to forgery and 37
counterfeiting. 38
3. Violations of chapter 832, relating to checks and 39
drafts. 40
(b) To maximize the ability of the department, law 41
enforcement agencies, and other governmental agencies to detect, 42
prevent, and respond to criminal activities related to financial 43
fraud. 44
(4) OPERATION AGREEMENTS AUTHORIZED; DIRECTOR.— 45
(a) The department: 46
1. May enter into agreements with law enforcement agencies 47
or other governmental agencies for the operation of the center. 48
2. Shall enter into an agreement with a law enforcement 49
agency or other governmental agency for the appointment of a 50

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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

director to supervise and manage the operation of the center. 51
(b) The director shall be a licensed attorney or law 52
enforcement officer. 53
(c) Information that a law enforcement agency or other 54
governmental agency collects and maintains under an agreement 55
entered into with the department under this subsection is the 56
intellectual property of the center. On termination of any 57
agreement, the contracting agency shall transfer such 58
information to the department in accordance with the terms of 59
the agreement. 60
(5) POWERS AND DUTIES.— 61
(a) The center shall assist law enforcement agencies, 62
other governmental agencies, financial institutions, credit card 63
issuers, debit card issuers, payment card networks, institutions 64
of higher education, and merchants in their efforts to develop 65
and implement strategies to prevent financial crimes. 66
(b) The center may do all of the following: 67
1. Collaborate with federal, state, and local governmental 68
agencies to accomplish the purposes of the center. 69
2. Serve as a centralized collection point for information 70
related to payment card fraud. 71
3. Provide training and educational opportunities to law 72
enforcement officers and agencies. 73
4. Provide outreach to the public. 74
5. Release information to affected financial institutions, 75

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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

credit card issuers, debit card issuers, payment card networks, 76
institutions of higher education, and merchants if the center 77
does not consider the information to be sensitive to law 78
enforcement. Information is considered sensitive to law 79
enforcement if the information could cause harm to law 80
enforcement activities or jeopardize an investigation or 81
operation if disclosed. 82
(6) ANNUAL REPORT.—Beginning December 1, 2027, the 83
director shall submit an annual report to the department, which 84
shall include all of the following: 85
(a) A plan of operation for the center and an estimate of 86
the funding necessary to implement the plan. 87
(b) An assessment of the current state of financial fraud 88
in this state, including: 89
1. An identification of the geographic locations in this 90
state that have the highest statistical probability for 91
financial fraud; and 92
2. A summary of financial fraud statistics for the year in 93
which the report is filed. 94
(c) A detailed plan of operation for combatting financial 95
fraud. 96
(d) A communications plan for outreach to law enforcement 97
agencies, financial institutions, credit card issuers, debit 98
card issuers, payment card networks, merchants, and the public. 99
(e) A list of expenditures made since the most recent 100

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F L O R I D A H O U S E O F R E P R E S E N T A T I V E S

report was filed with the department. 101
(7) The department shall adopt rules as necessary to 102
implement this section. 103
Section 2. This act shall take effect July 1, 2026. 104