FL H0381

Office of Financial Regulation

Failed House Insurance & Banking Subcommittee
Plain English Summary

The bill aimed to enhance security measures for financial institutions by requiring them to create written information security programs and incident response plans. It also sought to improve the handling of security breaches and revise certain regulations concerning money services businesses and credit unions. However, the bill ultimately failed to pass.

At a Glance

FL H0381 is a house bill in the Florida 2026 Sixth Special Session, sponsored by Insurance & Banking Subcommittee, currently “Failed” since March 13, 2026.

We track 326 Florida bills this session.

Supporters Say

Supporters of the bill would argue that it was a necessary step to protect consumers' personal information and strengthen the security of financial systems. They would emphasize the importance of having comprehensive security programs in place to prevent data breaches and ensure accountability among financial service providers.

Critics Say

Critics of the bill might contend that it imposed excessive regulations on financial institutions, potentially stifling innovation and increasing operational costs. They could argue that the requirements for security programs and incident responses were overly burdensome and could have negative impacts on smaller businesses in the financial sector.

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About This Analysis

This summary was generated using AI from the bill's official text and metadata. Data sourced from LegiScan and the Florida Legislature. Conflict-of-interest analysis for this bill is coming soon.

Frequently Asked Questions
What does FL H0381 do?

The bill aimed to enhance security measures for financial institutions by requiring them to create written information security programs and incident response plans. It also sought to improve the handling of security breaches and revise certain regulations concerning money services businesses and credit unions. However, the bill ultimately failed to pass.

What is the status of FL H0381?

FL H0381 is currently “Failed” in the Florida legislature.

Who sponsored FL H0381?

Insurance & Banking Subcommittee sponsored FL H0381.