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CFO Patronis Statement on “Home Hardening” Inclusion in Tax Package

2/15/2022

For Immediate Release: Tuesday, February 15, 2022
Contact: Office of Communications, Communications@MyFloridaCFO.com, 850.413.2842

CFO Patronis Statement on “Home Hardening” Inclusion in Tax Package
 
TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement upon the release of the Florida House of Representative’s tax package from the Ways & Means Committee. The House’s tax package included the CFO’s “Home Hardening” initiative, which provides tax relief to homeowners to “harden” their homes from storms by installing certain materials, including impact-resistant windows, impact-resistant doors, and impact-resistant garage doors. 
 
CFO Jimmy Patrons said, “Since last year, we’ve been pushing hard on the idea of helping homeowners better fortify their homes from storms with our ‘Home Hardening’ initiative. This is a practical way of saving folks money while incentivizing homeowners to better protect their homes from hurricanes. These modifications alone will mitigate, or in some cases even reduce their insurance premiums. This is good policy at work, and I thank Chair Bobby Payne and the members of the House Ways & Means Committee as well as House leadership. They are doing right by their constituents in adding this important relief in the tax bill, and they deserve our thanks and praise.” 
 
In an effort to fight insurance premium hikes CFO Jimmy Patronis announced the Home Hardening proposal in October of 2021 at a meeting of the Florida Chamber of Commerce. The CFO also formed fraud fighting squads along the I-4 corridor, a hot spot for insurance related fraud, to crack down on the kind of fraud that contributes to increasing insurance rates. 
 
For more on the CFO’s “Born Free” legislative priorities, click HERE
 
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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. Follow the activities of the Department on Facebook (FLDFS) and Twitter (@FLDFS).