The proposed bill establishes a new part IV of chapter 692 of the Florida Statutes, titled "Protection of State Critical Infrastructure from Foreign Entities," which includes section 692.21. This section aims to safeguard Florida's critical infrastructure by prohibiting certain contracts and agreements between specified entities and foreign principals that would allow foreign adversaries to access or control critical infrastructure. It defines key terms, outlines the penalties for violations, and mandates that entities with existing contracts with foreign principals register with the Department of Commerce starting January 1, 2026. Additionally, entities must provide an affidavit when transferring control of critical infrastructure, confirming that the buyer is not a foreign principal.

The bill also prohibits the use of computer software produced by companies based in or controlled by foreign countries of concern within critical infrastructure in Florida. It imposes civil penalties for non-compliance with registration requirements and mandates the Department of Commerce to adopt rules for implementation. The effective date for this act is set for July 1, 2025.

Statutes affected:
H 925 Filed: 943.03