The proposed bill, titled the "Taxpayer Dollars Protect Workers Act," establishes new regulations regarding state economic development contracts. It creates a new section, 288.0615, in the Florida Statutes, which outlines definitions and eligibility requirements for employers seeking economic development incentives. Key provisions include prohibiting employers from granting recognition rights based solely on signed labor organization authorization cards, disclosing employee personal contact information to labor organizations without consent, signing neutrality agreements, and requiring subcontractors to engage in similar prohibited activities. The bill also mandates that the Department of Commerce enter into separate agreements with incentive recipients to ensure compliance and allows for the recovery of funds if violations occur.

Additionally, the bill specifies that it applies prospectively, excluding contracts executed before July 1, 2026, but will apply to any agreements made or modified after that date. The Department of Commerce is tasked with investigating suspected violations and notifying the Office of the Attorney General if a violation is found, initiating recovery proceedings. The effective date for this act is set for July 1, 2026.