CFO Patronis’ ‘Home Hardening’ Initiative Passes House Floor
3/2/2022
~ Initiative Works to Fight Premium Increases ~
TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement upon passage of the Florida House of Representative’s tax package from the House Floor. 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 impact-resistant items. The tax package moves next to the Senate.
CFO Jimmy Patrons said, “A huge thank you to Chair Payne, Representative DiCeglie and the Florida House for including the Home Hardening initiative in their tax package, and passing it off the Floor today. In Florida, it’s not if, but when a storm will strike and I am committed to helping Florida families harden their homes against storms while lowering their insurance premiums. There is no doubt that this is a practical way of saving folks money while incentivizing homeowners to better protect their homes from hurricanes.”
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.
To view CFO Patronis’s 2022 “Born Free” Legislative Priorities, click HERE.
TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer (CFO) Jimmy Patronis issued the following statement upon passage of the Florida House of Representative’s tax package from the House Floor. 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 impact-resistant items. The tax package moves next to the Senate.
CFO Jimmy Patrons said, “A huge thank you to Chair Payne, Representative DiCeglie and the Florida House for including the Home Hardening initiative in their tax package, and passing it off the Floor today. In Florida, it’s not if, but when a storm will strike and I am committed to helping Florida families harden their homes against storms while lowering their insurance premiums. There is no doubt that this is a practical way of saving folks money while incentivizing homeowners to better protect their homes from hurricanes.”
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.
To view CFO Patronis’s 2022 “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 X (@FLDFS).