The proposed bill, titled the Nonprofit Agricultural Organization Health Coverage Act of 2025, aims to authorize nonprofit agricultural organizations in Florida to provide health coverage options to their members. It defines a nonprofit agricultural organization as one that meets specific criteria, including being domiciled in Florida, exempt from federal income tax under section 501(c)(3) of the Internal Revenue Code, and primarily focused on promoting rural community development and supporting farmers. The bill specifies that the health coverage offered by these organizations will not be classified as insurance under the Florida Insurance Code.
Additionally, the bill directs the Division of Law Revision to revise the title of chapter 632 of the Florida Statutes to include provisions for nonprofit agricultural organizations and to create a new section, 632.701, specifically addressing health coverage for these organizations. The act is set to take effect on July 1, 2025.