FL S1698

Establishes a biennial reporting option for domestic and foreign corporations as an alternative to annual reporting, allowing companies to file reports every two years instead of annually.

Creates a biennial report filing fee of $122.50 and a biennial supplemental corporate fee of $177.50, compared to existing annual fees.

Allows corporations to submit either annual or biennial reports to the Department of State, with the first biennial report due between January 1 and May 1 following the calendar year of incorporation or authorization.

Updates filing deadlines and administrative dissolution procedures to reference "the year the report is due" rather than specific annual dates, accommodating both annual and biennial filing schedules.

Takes effect January 1, 2018, and makes conforming changes throughout Florida Statutes Chapter 607 to reference annual or biennial reports where previously only annual reports were mentioned.