CFO Seal in Gold

CFO Patronis Press Release Archive

  • **CONSUMER ALERT** CFO Jimmy Patronis: Beware of Fire Dangers of Lithium Battery Powered Tools this Father’s Day

    6/14/2024
    Today, Chief Financial Officer (CFO) & State Fire Marshal Jimmy Patronis is warning Floridians of the potential fire dangers associated with aftermarket lithium-ion powered batteries ahead of Father’s Day. There are many aftermarket and even counterfeit batteries on store shelves or online that may seem like a bargain, but purchasing one of these batteries could result in poor performance, shorter tool life, and may even pose serious fire dangers.
  • CFO Jimmy Patronis to Airbnb: Florida Needs Answers on Listings in Communist Cuba

    6/13/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis sent a letter to Airbnb CEO Bryan Cheskey regarding the companies rental listings and business practices within Communist-controlled Cuba and possible profits earned from properties confiscated from Cuban Americans by the Cuban government. Airbnb was recently sued in Florida for listing property in Cuba confiscated by Castro decades ago.
  • CFO Jimmy Patronis Applauds Signing of the Focus on Florida’s Future Budget

    6/12/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis applauded Governor Ron DeSantis’ signing of Florida’s 2024 Focus on Florida’s Future Budget. The Department of Financial Services (DFS) requested and received critical funding including $7 million to bolster insurance consumer services and expand the agency’s footprint across the state. DFS also secured $200 million to fund the My Safe Florida Home program to harden homes against storms and help cut insurance costs. Lastly, the Department will receive $7 million to support the state fire college and arson lab and $10 million to aid veterans and first responders in their battle against PTSD.
  • CFO Jimmy Patronis: Commercial Lease Sales Tax Cut a Huge Win for Florida Small Businesses

    6/12/2024
    Today, during a meeting of the Florida Cabinet, Chief Financial Officer (CFO) Jimmy Patronis voted to approve rules to implement a reduction in Florida’s Commercial Lease Sales Tax rate to reduce the tax burden on small businesses following the successful replenishment of the Unemployment Compensation Trust Fund. Passed by the Florida Legislature in 2021, the Commercial Lease Sales Tax cut will reduce the rate from 4.5 percent to 2.0 percent, providing Florida employers with an estimated $1 billion in tax relief. Last session, CFO Patronis also supported measures that would provide counties with the authority to provide tax breaks for small local businesses by allowing local governments to forgo the collection of their business rent taxes.
  • CFO Patronis Provides Flood Insurance Program Resources to Prepare for South Florida Storms

    6/11/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis provided information and resources for Florida residents who may be impacted by the severe weather threatening to cause torrential rain and flooding throughout South Florida this week. The CFO provided information for residents with coverage through the Federal Emergency Management Agency’s (FEMA) National Flood Insurance Program (NFIP) and who might be affected by flood damage. Managed by FEMA, NFIP offers flood insurance to help mitigate the impact of flooding on businesses, property owners, and renters. For individuals who have flood insurance policies through FEMA and its federal flood insurance program, the CFO encourages consumers to contact their insurance agents for more information about filing a claim. Consumers may also reach FEMA directly at 1-800-621-3362.
  • CFO Jimmy Patronis Announces Arrest of Former Fire Captain For Insurance Fraud

    6/11/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis announced the arrest of Miguel Ferrer, a retired Town of Davie Fire Captain, for insurance fraud related to a claim for additional living expense (ALE) connected to a homeowner property claim from March 2022.
  • Florida Deferred Compensation Plan Launches 457b Pre-Tax and Roth for State Employees

    6/11/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis announced that the Florida Deferred Compensation Plan will allow 457b Pre-Tax and 457b Roth (post-tax) payroll contributions starting in July 2024. 457b Roth payroll contributions are made on a post-tax basis and give eligible State of Florida Employees more flexibility in meeting retirement income goals and securing their financial future.
  • ICYMI: Wall Street Journal: A Politically Made Insurance Panic

    6/10/2024
    IN CASE YOU MISSED IT: Wall Street Journal: A Politically Made Insurance Panic “Wall Street Journal: A Politically Made Insurance Panic” June 9, 2024 The Editorial Board
  • ***VIDEO RELEASE*** CFO Patronis Addresses Florida Professional Firefighters Convention

    6/7/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis announced that more than $32 million in unclaimed property was returned to Floridians during the month of May. Since CFO Patronis took office in 2017, more than $2.4 billion in unclaimed property has been returned to Florida citizens.
  • **CONSUMER ALERT VIDEO PSA** CFO Patronis Provides Recovery Resources, Warns of Fraud Following Tallahassee Tornados

    6/5/2024
    Today, Chief Financial Officer (CFO) Jimmy Patronis is providing additional recovery resources and warning residents to be on the lookout for fraud as they work to recover from severe weather and tornados that devastated parts of North Florida on May 10th, 2024.