The bill amends section 772.13 of the Florida Statutes to enhance the enforcement of judgments against terrorist parties. It introduces new provisions for postjudgment execution proceedings, specifically allowing for actions against any agency or instrumentality of a terrorist party not named in the judgment. The bill clarifies that there is no right to a jury trial in these proceedings and prohibits defendants from using state court resources to evade jurisdiction if they leave the state or country. Additionally, it establishes that creditor processes can be served on any person or entity under the court's jurisdiction, and it expands the reach of legal processes to intangible assets without territorial limitations.

Furthermore, the bill allows creditors to reach a debtor's financial assets or security entitlements through legal processes served on the securities intermediary, even if that intermediary is a foreign entity. It also stipulates that blocked funds from electronic transfers related to terrorist parties are deemed owned by those parties and subject to execution and garnishment. The provisions of this act apply retroactively to any postjudgment execution proceedings, ensuring that they are enforceable regardless of when they were filed, and the act will take effect upon becoming law.

Statutes affected:
H 265 Filed: 772.13
H 265 c1: 772.13