The bill amends section 772.13 of the Florida Statutes to enhance the enforcement of judgments against terrorist parties. It introduces specific requirements for postjudgment execution proceedings, allowing for actions against not only the terrorist parties named in the judgment but also any agencies or instrumentalities associated with them. Key provisions include the elimination of the right to a jury trial in these cases, restrictions on defendants who evade jurisdiction, and the ability for creditor processes to be served on any entity under the court's personal jurisdiction. Additionally, the bill clarifies that intangible assets can be subject to execution without territorial limitations, and it establishes that blocked funds related to terrorist parties are deemed owned by them and can be garnished.

The bill also retroactively applies these provisions to any postjudgment execution proceedings, including those initiated before the effective date of the act. It emphasizes the legal processes available for creditors to reach financial assets and security entitlements, even when they are held by foreign entities. The act is set to take effect upon becoming law, reinforcing Florida's commitment to addressing terrorism-related financial matters through enhanced legal mechanisms.

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