The proposed bill establishes a new section, 316.1971, in the Florida Statutes, which outlines regulations regarding parking on public property. 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 metered parking.

Furthermore, the bill prohibits local governments from permitting private businesses to utilize public property for paid parking. It allows local governing bodies to regulate vehicle parking on public property under their jurisdiction. The act is set to take effect on July 1, 2026.