Florida Governor Ron DeSantis has now signed two new groundbreaking bills into law.
The downtown Jacksonville VyStar Tower served as an illustration of how credit unions, according to Governor Ron DeSantis, will prosper under his new legislation, and not merely a backdrop.
DeSantis stated that House Bill 989 will protect Florida credit unions from their adversaries, major banks. Authorizing seven percent of the total funds held in the state treasury and seven percent of the public deposits of any state university to be hosted by credit unions.
Preventing credit unions from accepting public deposits in excess of 10 percent of the institution’s total assets.
According to DeSantis, this safeguards public funds and protects consumers from financial discrimination, which he defines as the cancellation or restriction of accounts based on politically charged investigations or complaints.
The governor ratified a second measure prohibiting teachers from undergoing DEI training and mandating that lesson plans adhere to the state standard without an ideological bias.
Legislation known as House Bill 1291 pertains to teacher preparation programs and seeks to ensure that instructors do not develop biased lesson plans or impart distorted accounts of pivotal historical events.
The effective dates for both measures are July 1.
[READ MORE: DeSantis Institutes New Ban Against Lab Grown Meat in Florida]
