The bill amends several sections of the Florida Statutes to broaden the definition of "health facility" to encompass various not-for-profit entities, including limited liability companies controlled by not-for-profit organizations. It enhances the powers of health facilities authorities, enabling them to issue loans and execute agreements to finance health facility projects, with specific requirements ensuring these projects serve a public purpose and adhere to regulations. Additionally, the bill modifies hospital obligations regarding fentanyl testing, making confirmation tests optional under certain circumstances, and includes conforming amendments related to revenue bonds and health facility project agreements.
Furthermore, the bill allows health facilities authorities to issue revenue bonds for refunding purposes, including the ability to refund bonds from other issuers that financed health facility projects, covering redemption premiums and accrued interest. It also permits the authority to issue bonds for health facilities outside its jurisdiction if it benefits a facility within its jurisdiction, thereby expanding financing options and fostering collaboration with private and not-for-profit entities. The act is scheduled to take effect on July 1, 2025.
Statutes affected: S 68 Filed: 154.205, 154.213, 154.219, 154.221, 154.225, 154.235, 154.247
S 68 c1: 154.205, 154.213, 154.219, 154.221, 154.225, 154.235, 154.247
S 68 e1: 154.205, 154.213, 154.219, 154.221, 154.225, 154.235, 154.247
S 68 er: 154.205, 154.213, 154.219, 154.221, 154.225, 154.235, 154.247