Fla. CFO Patronis Legislative Update for February 5, 2024

TALLAHASSEE, Florida, Feb. 6 -- Florida Chief Financial Officer Jimmy Patronis issued the following news release on Feb. 5, 2024:

Consumer Protection (https://myfloridacfo.com/news/pressreleases/press-release-details/2023/12/20/cfo-patronis--florida-will-bar-taxpayer-support-of-media-censorship-companies). This legislation, among other items, bars state agencies from contracting with censorship companies like NewsGuard, which is a self-described media monitoring, technology company. Additionally, the legislation will empower users on third-party payment processors (like PayPal and Venmo) to avoid wrongfully paying taxes on certain transactions the IRS is targeting.

Senate Bill 1066 was reported favorable in the Senate Judiciary Committee today.

Thanks,

Communications Team

CFO Jimmy Patronis

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About CFO Jimmy Patronis

Chief Financial Officer and State Fire Marshal Jimmy Patronis is a statewide elected official and a member of Florida's Cabinet who oversees the Department of Financial Services. CFO Patronis works each day to fight insurance fraud, support Florida's firefighters, and ensure the state's finances are stable to support economic growth in the state.

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Original text here: https://myfloridacfo.com/news/pressreleases/press-release-details/2024/02/05/cfo-patronis-legislative-update-for-february-5--2024