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SB0950 • 2026

Financial Crimes Intelligence Center

Financial Crimes Intelligence Center

Passed Legislature

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

Sponsor
Truenow
Last action
2026-03-13
Official status
Senate - Died in Criminal Justice
Effective date
2026-07-01

Plain English Breakdown

The exact operational details of how the Financial Crimes Intelligence Center will collaborate with federal, state, and local agencies are not specified in the bill text.

Financial Crimes Intelligence Center

This bill establishes the Financial Crimes Intelligence Center within the Department of Legal Affairs to coordinate efforts against financial crimes and requires annual reporting.

What This Bill Does

  • Establishes a new center called the Financial Crimes Intelligence Center inside the Department of Legal Affairs.
  • Specifies the main goals for the center, which include planning, coordinating, and integrating law enforcement agencies' responses to fraud, forgery, counterfeiting, and check and payment fraud.
  • Authorizes the department to enter into operational agreements with other governmental agencies.
  • Requires the appointment of a director by agreement between the department and another agency.
  • Gives the center the power to collaborate with federal, state, and local agencies to fight financial crimes.
  • Requires the center's director to submit an annual report to the Department of Legal Affairs.

Who It Names or Affects

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

Terms To Know

Department
Refers to the Department of Legal Affairs in Florida.
Director
The person appointed by an agreement between the department and another agency to manage the Financial Crimes Intelligence Center.

Limits and Unknowns

  • It is unclear how much funding will be provided for the center.
  • Details about specific operational agreements are not specified in the bill text.

Bill History

  1. 2026-03-13 Senate

    • Died in Criminal Justice

  2. 2026-01-13 Senate

    • Introduced

  3. 2026-01-05 Senate

    • Referred to Criminal Justice; Appropriations Committee on Criminal and Civil Justice; Rules

  4. 2025-12-17 Senate

    • Filed

Official Summary Text

Financial Crimes Intelligence Center; Establishing the center within the Department of Legal Affairs; specifying the purposes of the center; authorizing the department to enter into operational agreements, etc.

Current Bill Text

Read the full stored bill text
Florida Senate
-
2026

SB 950

By
Senator Truenow

13-00941-26 2026950__
1 A bill to be entitled
2 An act relating to the Financial Crimes Intelligence
3 Center; creating s. 817.101, F.S.; defining the term
4 “department”; establishing the center within the
5 Department of Legal Affairs; specifying the purposes
6 of the center; authorizing the department to enter
7 into operational agreements; providing for the
8 appointment of a director; specifying powers and
9 duties of the department; requiring annual reporting
10 beginning on a specified date; providing reporting
11 requirements; requiring the department to adopt rules;
12 providing an effective date.
13
14 Be It Enacted by the Legislature of the State of Florida:
15
16 Section 1. Section 817.101, Florida Statutes, is created to
17 read:
18
817.101 Financial Crimes Intelligence Center.—

19
(
1
)

DEFINITION.—
As used in this section, the term

20
“department” means the Department of Legal Affairs.

21
(
2
)

ESTABLISHED.
—The
Financial Crimes Intelligence Center

22
is
established
with
in the
d
epartment.

23
(3)

PURPOSE
.—
The purposes of the center are:

24
(a)

To serve as the state’s primary entity responsible for

25
the planning, coordination, and integration of law enforcement

26
agencies and other governmental agencies that respond to

27
criminal activity related to:

28
1.

Fraud and fraudulent practices under
this
part and part

29
II of this chapter;

30
2.

Forgery and counterfeiting under chapter 831; and

31
3.

Check and payment fraud under chapter 832.

32
(b)

To maximize the ability of the department,
of
law

33
enforcement agencies, and
of
other governmental agencies to

34
detect, prevent, and respond to criminal activities related to

35
financial fraud.

36
(4)

OPERATION AGREEMENTS AUTHORIZED; DIRECTOR.—

37
(a)

The department:

38
1.

May enter into agreements with law enforcement agencies

39
or other governmental agencies for the operation of the center;

40
and

41
2.

Shall enter into an agreement with a law enforcement

42
agency or other governmental agency
to appoint
a director to

43
supervise and manage the operation
s
of the center.

44
(b)

The director may be a licensed attorney or law

45
enforcement officer. The agreement must provide that the

46
commission of a director who is a licensed law enforcement

47
officer will be carried by the agency with which the department

48
enters into the agreement.

49
(c)

Any information that a law enforcement agency or other

50
governmental agency collects and maintains under an agreement

51
entered into with the department under this chapter is the

52
intellectual property of the center. On termination of the

53
agreement, the contracting agency must transfer the information

54
to the department in accordance with the terms of the agreement.

55
(5)

POWERS AND DUTIES.—

56
(a)

The center may collaborate with federal, state, and

57
local governmental agencies to accomplish the purposes of the

58
center.

59
(b)

The center shall assist law enforcement agencies, other

60
governmental agencies, financial institutions, credit card

61
issuers, debit card issuers, payment card networks, institutions

62
of higher education, and merchants in their efforts to develop

63
and implement strategies for identifying and prosecuting

64
financial crimes.

65
(c)

The center may:

66
1.

Serve as a centralized collection point for information

67
related to payment fraud;

68
2.

Provide training and educational opportunities to law

69
enforcement agencies;

70
3.

Provide outreach to the public; and

71
4.

Release information to affected financial institutions,

72
credit card issuers, debit card issuers, payment card networks,

73
institutions of higher education, and merchants if the center

74
does not
deem
the information to be sensitive to law

75
enforcement. Information is
deemed
sensitive to law enforcement

76
if the information could cause harm to law enforcement

77
activities or jeopardize an investigation or operation if

78
disclosed.

79
(6)

ANNUAL REPORT.—

80
(a)

By December 1, 2026, and annually thereafter, the

81
director of the center shall
submit
a report
to
the department.

82
(b)

The report must include all of the following:

83
1.

A plan of operation for the center and an estimate of

84
the moneys necessary to implement that plan
.

85
2.

An assessment of the current state of payment financial

86
fraud in this state, including:

87
a.

An identification of the geographic locations in this

88
state
which
have the highest statistical probability for

89
financial fraud; and

90
b.

A summary of financial fraud statistics for the year in

91
which the report is filed
.

92
3.

A detailed plan of operation for combatting financial

93
fraud
.

94
4.

A communications plan for outreach to law enforcement

95
agencies, financial institutions, credit card issuers, debit

96
card issuers, payment card networks, merchants, and the public
.

97
5.

A list of expenditures made since the most recent report

98
was filed with the department.

99
(7)

RULES.—
The department shall adopt rules to implement

100
and administer this section.

101 Section 2. This act shall take effect July 1, 2026.