The bill establishes the Florida Museum of Black History Board of Directors, as outlined in the newly created section 267.07221 of the Florida Statutes. The board will consist of members appointed by the Governor, the President of the Senate, and the Speaker of the House of Representatives, with specific provisions for ex officio members from the Senate and House. Appointments must be completed by July 31, 2025, and members appointed by the Governor, President of the Senate, and Speaker of the House are prohibited from holding any state or local elective office while serving on the board. The board is tasked with overseeing the commission, construction, operation, and administration of the museum.

Additionally, the board is required to collaborate with the Foundation for the Museum of Black History, Inc., which is a nonprofit organization created to support the museum's establishment. The St. Johns County Board of County Commissioners is mandated to provide administrative support and staffing to the board until the project's planning, design, and engineering phases are completed. The act is set to take effect on July 1, 2025.