This bill establishes two new children's initiatives in Florida: the Bay County 32401 Children's Initiative and the Pompano RYZE Children's Initiative in Broward County. Both initiatives will be managed by not-for-profit corporations and are designed to create community-based service networks that provide essential services for children and families in disadvantaged areas. The bill mandates that these initiatives adhere to state public records, meeting requirements, and procurement regulations, ensuring transparency and accountability in their operations.

Additionally, the bill amends section 409.147 of the Florida Statutes, redesignating the existing subsection (14) as (16) and adding new subsections (14) and (15) to incorporate the newly established initiatives. The Bay County 32401 Children's Initiative and the Pompano RYZE Children's Initiative are included among other designated Florida Children's Initiatives, which aim to support disadvantaged communities by providing quality education, accessible healthcare, youth development programs, and safe housing. The act is set to take effect on July 1, 2026.