FL S2622

Establishes nomination and bidding process for oil and gas leases on submerged lands in Florida's territorial waters, with bids requiring a nonrefundable $1 million submittal fee and minimum one-eighth royalty rate.

Restricts surface structures and equipment to locations more than 3 miles from the coastline and requires bidders to have headquarters in the continental United States with refined/retail operations also located within the continental United States.

Creates distribution formula for lease revenues: up to $300 million annually for Florida Forever land acquisition, $20 million for beach restoration, and $20 million for coastal county governments, with remaining revenues supporting renewable energy, education, veteran programs, and industry training.

Caps financial responsibility surety requirements for offshore lessees at $500 million or calculated damage costs, whichever is less, and establishes single financial responsibility requirement across all leases held by a lessee.

Removes geographic prohibitions (south of 26° west coast/27° east coast latitude) on offshore oil and gas leases and drilling permits while maintaining local municipal and county approval requirements for structures within 3 miles of incorporated municipalities and improved beaches.