The bill establishes a new section, 177.1115, in the Florida Statutes that mandates the appropriate governing body to issue street and mailing addresses, as well as individual parcel identification numbers, within two weeks after the recording of a plat by the circuit court clerk or other recording officer. This requirement aims to streamline the process of assigning addresses and identification numbers for newly recorded parcels, ensuring timely access to this essential information.

Additionally, the bill introduces a penalty for non-compliance; if the governing body fails to issue the required information within the specified two-week timeframe, the building permit fee will be reduced by 10 percent for each business day of delay. The act is set to take effect on July 1, 2025.