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 enter into 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 confirmation tests, making them optional under certain circumstances, and updates related provisions concerning revenue bonds, security for bondholders, and the collection of fees and loan payments.

Furthermore, the bill allows authorities to issue revenue bonds for the purpose of refunding existing bonds, including those from other issuers that financed health facility projects, and clarifies that refunds may cover redemption premiums and accrued interest. It also permits authorities to issue bonds for health facilities outside their jurisdiction if it benefits a facility within their jurisdiction, thereby expanding financing options through collaboration with private corporations or other 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