The bill establishes a new section, 288.1035, in the Florida Statutes, which mandates the Department of Commerce to assess and collect an annual fee from registrants, not exceeding $100, to fund the Florida Manufacturing Promotional Campaign. This fee is intended to cover the costs associated with administering the campaign, which is voluntary for participants.
Additionally, the bill stipulates that the collected fees must be deposited into the Economic Development Trust Fund, specifically designated for the campaign's administration. The act is set to take effect contingent upon the passage of SB 600 or similar legislation within the same legislative session or an extension thereof.