Florida’s tech reputation gets a boost with a new law that requires cities to go digital on annual reports

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    A St. Petersburg tech company and the University of South Florida are part of a consortium that’s pushing for national adoption of a technology advancement pioneered by the state of Florida.

    The measure requires every municipality in the state to file comprehensive annual reports using eXtensible Business Reporting Language, or XBRL, a computer language that’s become an international standard for digital reporting and exchanging business information.

    The new requirement was part of House Bill 1073, a broad measure covering various financial service reforms.