The bill establishes the Coastal Link Commuter Rail Service in Florida, introducing new sections 343.711 and 343.712 to manage liability and insurance for agencies involved in commuter rail operations. It allows state agencies to assume liability obligations to protect entities such as Brightline and the Florida East Coast Railway (FECR) from specific liabilities, while defining key terms like "coastal link corridor," "operator," and "passenger." The legislation permits agencies to purchase liability insurance up to $323 million per occurrence and to create a self-insurance retention fund to cover deductible limits. It also clarifies that the assumption of liability does not waive sovereign immunity for tort claims.

Additionally, the bill outlines that the contractual duty to indemnify must be limited to $323 million per occurrence and includes provisions for liability allocation among multiple operators in the event of accidents. It specifies that employees of an operator are not considered invitees when present for business purposes with another operator and emphasizes that liability allocation must be mutually agreed upon. Importantly, it states that entities like FECR and Brightline, along with their employees, are not regarded as state officers and do not have sovereign immunity. The act is set to take effect on July 1, 2025.