Read the full stored bill text
Florida Senate
-
2026
CS for SB 570
By
the Committee on Banking and Insurance; and Senator Polsky
597-02289-26 2026570c1
1 A bill to be entitled
2 An act relating to the Task Force on Payment Scams;
3 creating s. 17.675, F.S.; creating the Task Force on
4 Payment Scams adjunct to the Department of Financial
5 Services; requiring the department to provide
6 administrative and staff support relating to the
7 functions of the task force; defining the terms
8 “payment” and “task force”; requiring the Chief
9 Financial Officer to establish the task force by a
10 specified date; providing the purpose of the task
11 force; specifying the chair and membership of the task
12 force; providing that members serve without
13 compensation but are entitled to per diem and travel
14 expenses; providing requirements for meetings;
15 providing duties of the task force; providing
16 reporting requirements; providing for future repeal
17 and legislative review of the task force; providing an
18 effective date.
19
20 Be It Enacted by the Legislature of the State of Florida:
21
22 Section 1. Section 17.675, Florida Statutes, is created to
23 read:
24
17.675
Task Force on Payment Scams.—
25
(1)
The Task Force on Payment Scams, a task force as
26
defined in s. 20.03(5), is created adjunct to the Department of
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Financial Services. Except as otherwise provided in this
28
section, the task force shall operate in a manner consistent
29
with s. 20.052. The department shall provide administrative and
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staff support relating to the functions of the task force.
31
(2)
As used in this section, the term:
32
(a)
“Payment” means any mechanism through which an
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individual can electronically transfer funds to another
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individual via a platform or intermediary.
35
(b)
“Task force” means the Task Force on Payment Scams
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created under this section.
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(3)
No later than October 1, 2026, the Chief Financial
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Officer shall establish the Task Force on Payment Scams. The
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purpose of the task force is to recognize and avert payment
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scams by doing all of the following:
41
(a)
Examining current trends and developments in payment
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scams, identifying effective methods for preventing such scams,
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and issuing recommendations to enhance efforts to identify and
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prevent such activities.
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(b)
Adopting a cross-sector approach to ensure
the task
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force’s recommendations
reflect the full scope of the issue,
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given that scams impact individuals across a wide range of
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industries, including financial services, telecommunications,
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and technology.
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(c)
Including representation from stakeholders with direct
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experience supporting victims of scams, as well as industry
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participants with insight into scam tactics and prevention
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strategies.
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(4)(a)
The task force shall be chaired by the Chief
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Financial Officer or his or her designee and task force members
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shall include all of the following:
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1.
The Commissioner of Agriculture
or his or her designee
.
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2.
The Attorney General
or his or her designee
.
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3.
A representative from the Division of Treasury of the
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Department of Financial Services, appointed by the Chief
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Financial Officer
.
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4.
The Secretary of Commerce or his or her designee
.
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5.
A representative from the Financial Crime Analysis
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Center of the Department of Law Enforcement, who has experience
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using and general knowledge of the Financial Transaction
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Database, appointed by the Chief Financial Officer.
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6.
A representative from a financial institution who has
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expertise in identifying, preventing, and combating payment
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scams
, appointed by the Chief Financial Officer in consultation
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with the task force
.
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7.
A representative from a credit union who has expertise
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in identifying, preventing, and combating payment scams
,
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appointed by the Chief Financial Officer in consultation with
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the task force
.
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8.
A representative from a digital payment network who has
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expertise in identifying, preventing, and combating payment
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scams
, appointed by the Chief Financial Officer in consultation
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with the task force
.
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9.
A representative from a community bank
, appointed by the
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Chief Financial Officer in consultation with the task force
.
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10.
A representative from a consumer group
, appointed by
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the Chief Financial Officer in consultation with the task force
.
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11.
A representative from an industry association
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representing technology or online platforms
, appointed by the
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Chief Financial Officer in consultation with the task force
.
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12.
Not more than five representatives appointed by the
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Chief Financial Officer to represent scam victims, scam victim
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support networks, and other relevant stakeholders in order to
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better assist consumers and stakeholders.
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(b)
Members of the task force shall serve until the
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termination of the task force. Any vacancy occurring in the
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membership of the task force shall be filled in the same manner
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in which the original appointment was made.
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(c)
Members of the task force:
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1.
Shall serve without compensation, except that employees
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of this state shall receive the same salaries and benefits as
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they would without serving on the task force.
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2.
Are entitled to receive reimbursement for per diem and
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travel expenses pursuant to s. 112.061.
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(d)
The task force shall meet at least three times during
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the 1-year period beginning on October 1, 2026, and thereafter
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at such times and places and by such means as the chair of the
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task force determines to be appropriate, which may include the
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use of
communications media technology.
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(5)
The duties of the task force include all of the
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following:
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(a)
Evaluating best practices for combating scammer
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methods, such as spoofed calls, scam text messages, and
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malicious advertisements, pop-ups, and websites.
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(b)
Assessing how other state, federal, and international
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jurisdictions have tried to prevent payment scams.
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(c)
Identifying and reviewing current methods used to scam
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a consumer through payment platforms.
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(d)
Determining a strategy for education programs that
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better equip consumers to identify, avoid, and report payment
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scam attempts to the appropriate authorities.
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(e)
Coordinating efforts to ensure perpetrators of payment
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scams can be identified and pursued by law enforcement.
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(f)
Consulting with other relevant stakeholders, including
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federal, state, local, and tribal agencies and financial
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services providers.
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(g)
Determining whether any additional legislation would be
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beneficial for law enforcement and industry in mitigating
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payment scams.
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(h)
Identifying potential solutions to payment scams
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involving business e-mail compromise.
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(6)(a)
No later than 1 year after the date on which the
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task force is established,
the task force shall submit to the
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President of the Senate and the Speaker of the House of
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Representatives and make publicly available online a report
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detailing all of the following:
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1.
The results of the reviews and evaluations of the task
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force under subsection (5).
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2.
The strategy identified under subsection (5).
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3.
Any legislative or regulatory recommendations described
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in subsection (5) which would enhance the ability to detect and
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prevent payment scams.
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4.
Recommendations to enhance cooperation among federal,
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state, local, and tribal authorities in the investigation and
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prosecution of scams and other financial crimes, including
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harmonizing data collection, improving reporting mechanisms and
142
channels, estimating the number of complaints and consumers
143
affected, and evaluating the effectiveness of anti-scam training
144
programs.
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(b)
After submitting an initial report required under
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paragraph (a), the task force shall submit annually to the
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President of the Senate and the Speaker of the House of
148
Representatives and make publicly available online an updated
149
version of the report.
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(7)
In accordance with s. 20.052(8), this section is
151
repealed October 2, 2029, unless reviewed and saved from repeal
152
through reenactment by the Legislature.
153 Section 2. This act shall take effect July 1, 2026.