This bill amends several sections of Florida Statutes related to health facilities authorities, primarily to expand the definition of "health facility" and enhance the powers of health facilities authorities. The definition now includes not only private corporations but also other entities and associations organized not for profit, such as limited liability companies controlled by not-for-profit organizations. Additionally, the bill grants health facilities authorities the power to issue loans and execute related loan agreements, which can be secured or unsecured, to assist health facilities in financing projects.

The bill also specifies requirements for projects financed through these loan agreements, including the necessity of a valid certificate of need and a statement that the project serves a public purpose. It introduces provisions for the authority to make mortgage loans for the benefit of health facilities and allows for the financing of projects located outside the local agency's geographical limits if it benefits a health facility within its jurisdiction. The act is set 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