The proposed bill establishes new regulations regarding parking on public property in Florida by creating a new section, 316.1971, in the Florida Statutes. It defines "public property" and "publicly owned buildings or facilities," and mandates that local governments must refund vehicle owners for any unused parking fees on public property associated with these facilities. Additionally, if a refund is not feasible, local governments are required to carry over any unused parking time to the next vehicle owner. The bill also stipulates that vehicles parked in violation of local parking laws cannot be towed for at least 12 hours if parked on streets or highways, and traffic citations cannot be issued for at least 2 hours after the expiration of the parking meter or allotted time.

Furthermore, the bill prohibits local governments from allowing private businesses to charge fees for parking on public property. It retains the authority of local governing bodies to regulate parking on public property under their jurisdiction. The act is set to take effect on July 1, 2026.