This bill amends existing statutes related to the Florida Institute for Human and Machine Cognition, Inc. It shifts the authority to create corporate subsidiaries from the Board of Governors to the board of directors of the corporation. Additionally, it requires that only the articles of incorporation of the corporation be approved by the Board of Governors, rather than those of any subsidiaries. The composition of the board of directors is revised to include ten public representatives instead of nine, and it specifies that the Board of Trustees of the University of West Florida will make one appointment of a public representative to the board. Furthermore, the corporation is now responsible for certifying compliance with statutory requirements to the Governor and Legislature, rather than the Board of Trustees of the University of West Florida.

The bill also allows the corporation and its authorized subsidiaries to enter into affiliation agreements with other public or private universities. The effective date for these changes is set for July 1, 2025. Overall, the amendments aim to streamline governance and oversight of the Florida Institute for Human and Machine Cognition, enhancing its operational autonomy while ensuring accountability to state authorities.

Statutes affected:
S 312 Filed: 1004.447, 1004.4471, 1004.4472
S 312 c1: 1004.4471
S 312 c2: 1004.4471
S 312 er: 1004.4471