FL H1169

Creates the Florida Ports Investment Corporation as a nonprofit to invest in port infrastructure projects and qualify port-related activities, subject to public records and meetings requirements.

Establishes a premium tax credit program allowing insurance companies to invest capital in the corporation and earn tax credits equal to 100 percent of investment amount, usable at 10 percentage points per year against premium tax liability through 2029.

Limits total tax credits allocated to $100 million with annual usage capped at $10 million; allows one-time transfer of unused credits to a single transferee who cannot further transfer the credits.

Requires corporation to fund freight mobility projects that improve port throughput or congestion relief, with matching requirements ensuring at least 25 percent of project funds come from port, local, private, or federal sources.

Mandates annual reporting to Governor and Legislature on investor participation, project investments, job creation, wage levels, and economic impact contributions.