The bill amends section 409.987 of the Florida Statutes, which pertains to lead agency procurement and the requirements for entities wishing to serve as lead agencies. Specifically, it revises the criteria that must be met, particularly focusing on the demonstration of financial responsibility. The previous requirement for entities to post a fidelity bond to cover costs associated with reprocurement and penalties for failing to disclose conflicts of interest has been removed.

The effective date of the bill is upon becoming law, indicating that the changes will be implemented immediately once passed. This legislative change aims to streamline the requirements for lead agencies while maintaining accountability through regular fiscal audits and performance bonds.

Statutes affected:
H 6045 Filed: 409.987