Banking and Insurance Committee, Florida State Senate

• Regulation of state chartered financial institutions (banks, credits unions, etc.), Regulation of credit, debt, and lending activities, Securities regulation, Money services businesses (check cashers and money transmitters), Regulation of insurance companies and agents and Regulation of insurance products.^[4][5]

(1) Permanent standing committees and standing subcommittees are authorized:

(a) To maintain a continuous review of the work of the state agencies concerned with their subject areas and the performance of the functions of government within each subject area;

(b) To invite public officials, employees, and private individuals to appear before the committees or subcommittees to submit information;

(c) To request reports from departments performing functions reasonably related to the committees’ jurisdictions; and

(d) To complete the interim work assigned by the President.

(2) In order to carry out its duties, each standing subcommittee has the reasonable right and authority to inspect and investigate the books, records, papers, documents, data, operation, and physical plant of any public agency in this state.
(3) In order to carry out the committee’s duties, the chair of each standing committee, standing subcommittee, and select committee may request the President to issue subpoenas, subpoenas duces tecum, and other necessary process to compel the attendance of witnesses and the production of any books, letters, or other documentary evidence required by such committee. The President may issue said process at the request of the committee chair. Any member of a standing committee, standing subcommittee, or select committee may administer all oaths and affirmations, in the manner prescribed by law, to witnesses who appear before such committees to testify in any matter requiring evidence.^[6][5]

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