This bill establishes a new section, 490.0065, in the Florida Statutes, which outlines the certification process for psychologists to obtain prescriptive authority. It defines key terms such as "prescribing psychologist" and "controlled substance," and mandates that the Board of Psychology certify psychologists who meet specific educational and training criteria. The bill requires the board to develop procedures for certification, including application requirements, continuing education for renewal, and rules governing the prescribing of drugs and controlled substances. It also stipulates that prescribing psychologists must maintain professional liability insurance and file their federal Drug Enforcement Administration registration number with the board.

Additionally, the bill creates an interim panel tasked with recommending rules for prescriptive authority by a specified date. This panel will include various healthcare professionals and will establish a formulary for prescribing psychologists, detailing the types of drugs they may prescribe and guidelines for treating patients, particularly minors. The bill also includes exemptions for certain licensed professionals from the certification requirements. Overall, the legislation aims to enhance the scope of practice for psychologists while ensuring public safety through regulated prescriptive authority.