Florida Senate - 2024 SB 876
By Senator DiCeglie
18-00707-24 2024876__
1 A bill to be entitled
2 An act relating to nonprofit agricultural organization
3 health coverage; creating s. 624.4032, F.S.; providing
4 a short title; defining the term ânonprofit
5 agricultural organizationâ; authorizing nonprofit
6 agricultural organizations to provide health coverage
7 to their members; specifying that such health coverage
8 is not insurance for purposes of the Florida Insurance
9 Code; providing an effective date.
10
11 Be It Enacted by the Legislature of the State of Florida:
12
13 Section 1.âSection 624.4032, Florida Statutes, is created
14 to read:
15 624.4032âNonprofit agricultural organization health
16 coverage.â
17 (1)âThis section may be cited as the âNonprofit
18 Agricultural Organization Health Coverage Act of 2024.â
19 (2)âFor purposes of this section, the term ânonprofit
20 agricultural organizationâ means an organization that meets all
21 of the following criteria:
22 (a)âIs domiciled in this state.
23 (b)âIs exempt from federal income tax under s. 501(c)(3) of
24 the Internal Revenue Code.
25 (c)âWas created primarily to promote programs for the
26 development of rural communities and the economic stability and
27 sustainability of farmers in this state.
28 (d)âExists to serve its members beyond only offering health
29 coverage.
30 (e)âCollects annual dues from its members.
31 (f)âWas in existence before 1945.
32 (g)âIs composed of members who, collectively, are residents
33 of the majority of counties in this state.
34 (3)âNotwithstanding any law to the contrary, a nonprofit
35 agricultural organization may offer health coverage options to
36 its members. Such health coverage is not insurance for purposes
37 of the Florida Insurance Code.
38 Section 2.âThis act shall take effect July 1, 2024.