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CFO Jeff Atwater Applauds Governor Scott for Signing SB 908, the Department of Financial Services’ Efficiency Bill

3/30/2016

For Immediate Release:
March 30, 2016

Contact: Ashley Carr
(850) 413 – 2842

TALLAHASSEE, Fla. – Florida Chief Financial Officer Jeff Atwater today applauded Governor Rick Scott for signing into law Senate Bill 908, a bill that allows the Department of Financial Services to streamline the way it conducts business. This legislation will enable the Department to improve its operations and continue to realize efficiencies in how it serves Floridians.

CFO Atwater said, “Governor Scott today signed legislation that grants the Department authority to implement necessary changes that will promote the most efficient and effective operation possible.

‘This law grants us the opportunity to better use our resources by realigning our internal structure. As a result, the current Bureau of Unclaimed Property will become a standalone division, and the Bureaus of Forensic Services and Fire and Arson Investigations will be moved under the umbrella of the newly created Division of Investigative and Forensic Services, which will house the functions of the existing Division of Insurance Fraud, as well as the Office of Fiscal Integrity.

‘This change will ultimately reduce management and result in more staff in the field for investigations. We appreciate being able to make these common sense changes that were once restricted by statutory requirements.

‘Thank you to Senator Tom Lee and Representative Paul Renner for sponsoring this bill that will help us move our Department forward.”
 

Chief Financial Officer Jeff Atwater, a statewide elected official, oversees the Department of Financial Services. CFO Atwater’s priorities include fighting financial fraud, abuse and waste in government, reducing government spending and regulatory burdens that chase away businesses, and providing transparency and accountability in spending. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).