The bill establishes the Coastal Link Commuter Rail Service in Florida, introducing sections 343.711 and 343.712, which authorize state agencies to assume indemnification obligations for certain commuter rail providers, specifically Brightline and Florida East Coast Railway (FECR). It outlines the parameters for liability allocation, including a limitation on indemnification amounts to $323 million per occurrence, with provisions for adjustments based on allowable awards to rail passengers. The legislation also clarifies that employees of operators are not considered invitees and sets forth a framework for liability insurance and self-insurance retention funds.

Additionally, the bill allows agencies to purchase liability insurance up to the specified limit for claims arising from accidents, in compliance with federal law, and permits the establishment of self-insurance retention funds. It emphasizes that the assumption of liability does not waive sovereign immunity for tort claims or increase existing liability limits. The bill further clarifies that entities like FECR and Brightline, along with their employees, are not considered state officers and are not entitled to sovereign immunity. The act is scheduled to take effect on July 1, 2025.