The proposed bill establishes the Construction Disruption Assistance Act, which aims to provide financial relief and support to small businesses adversely affected by state and local government construction projects. It creates a new part within Chapter 288 of the Florida Statutes, consisting of sections 288.9991 to 288.9998. Key provisions include the establishment of the Construction Impact Relief Revolving Loan Program, which will offer low-interest loans of up to $100,000 to eligible small businesses facing operational disruptions due to construction activities. The Department of Commerce is tasked with administering the program, developing a public awareness campaign, and maintaining accessible information about the program on its website.

Additionally, the bill outlines specific eligibility criteria for applicants, including the requirement to demonstrate financial loss due to construction disruptions and to accept consultation from the Florida Small Business Development Center Network. It also includes provisions that limit the liability of the department and its officials regarding the program's administration and decisions. The department is required to submit an annual report to the Governor and the Legislature summarizing the program's performance, and the act is set to take effect on July 1, 2025.