The bill amends section 408.810 of the Florida Statutes to enhance regulations regarding controlling interests in health care licenses. It requires licensees to ensure that individuals or entities with a direct controlling interest do not hold any interest in entities that have a business relationship with designated foreign countries of concern or are subject to specific state regulations. The bill also revises the definitions of "business relationship" and "foreign country of concern," expanding the latter to include specific nations such as China, Russia, Iran, North Korea, Cuba, Venezuela, and Syria.

Key changes include the insertion of the term "direct" to clarify the type of controlling interest being referenced, and the removal of the phrase "either directly or indirectly" to streamline the language. Additionally, the definition of "business relationship" is broadened to include various forms of commerce, while the definition of "foreign country of concern" is explicitly detailed to list specific nations. The bill is set to take effect on July 1, 2025.

Statutes affected:
H 1543 Filed: 408.810
H 1543 c1: 408.810