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Fla. gov. approves $200 million bank settlement

By Gary Fineout
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TALLAHASSEE, Fla. (AP) — Florida is finally ready to start parceling out tens of millions of dollars it reaped as part of a $25 billion settlement between the nation’s major banks and 49 states over foreclosure abuses.

Gov. Rick Scott on Tuesday signed into law a measure that uses $200 million earned from the settlement and directs it into everything from domestic violence shelters to affordable housing programs and Habitat for Humanity.

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