The bill establishes the Historic Cemeteries Trust Fund within the Division of Historical Resources of the Department of State, as outlined in the newly created section 267.23 of the Florida Statutes. The purpose of this trust fund is to serve as a financial resource for the long-term maintenance and upkeep of cemeteries that are part of the Historic Cemeteries Program. The bill mandates that funds be deposited into the trust and disbursed according to existing provisions, ensuring that any remaining balance at the end of the fiscal year stays within the trust fund for its intended purposes.

Additionally, the bill stipulates that the Historic Cemeteries Trust Fund will be subject to review and may be terminated or re-created by July 1, 2030, unless it is terminated sooner. The act will take effect contingent upon the passage of HB 425 or similar legislation within the same legislative session.