The bill establishes a new section, 559.975, in the Florida Statutes, which mandates the Department of Commerce to create rules for registration and renewal fees that will adequately cover the costs associated with administering the Florida Manufacturing Promotional Campaign. The department is also tasked with assessing and collecting these fees specifically for the promotion of the campaign.

Additionally, the bill stipulates that all collected fees must be deposited into the Economic Development Trust Fund, which is designated solely for the administration of the campaign. The act is set to take effect contingent upon the adoption of SB 600 or similar legislation within the same legislative session or an extension thereof.