The bill amends section 409.993 of the Florida Statutes to adjust the liability limits for community-based care lead agencies and their subcontractors in tort actions. It lowers the cap on net economic damages from $2 million to $1 million per liability claim and maintains a limit of $200,000 for automobile claims. Additionally, it establishes that lead agencies and subcontractors providing foster care and related services are not liable for any claims or judgments exceeding $1.5 million when combined with other claims from the same incident. The bill also mandates that these agencies obtain a minimum of $500,000 in general liability insurance coverage per occurrence, with an aggregate limit of $1 million.

Furthermore, the bill introduces a provision that restricts attorneys from charging fees exceeding 25% of any judgment or settlement, replacing the previous limitations on damages. The previous language regarding annual adjustments to damage limitations has been removed. The effective date for this act is set for July 1, 2025.