The bill amends section 255.065 of the Florida Statutes to revise the definition of "qualifying project" to include coastal resiliency projects, thereby expanding the scope of public-private partnerships to encompass initiatives aimed at addressing coastal challenges. Specifically, it adds a new category under the definition that recognizes coastal resiliency projects as qualifying for public-private partnerships. This change is intended to facilitate the planning and execution of projects that mitigate flooding and sea level rise, repair public infrastructure, and enhance natural protective systems.

Additionally, the bill creates a new section, 380.0934, which grants the Department of Environmental Protection exclusive authority to execute coastal resiliency projects through public-private partnerships. The department is empowered to encourage private sector investment by entering into long-term revenue-sharing agreements, providing expedited permitting, and engaging with local governments and the public during project planning. Furthermore, the department is required to publish biennial progress reports and maintain an online dashboard to provide real-time updates on the execution of these projects, ensuring transparency and accountability.

Statutes affected:
H 1345 c1: 255.065