FL S1304

Creates statutory framework for bicycle sharing companies in Florida, requiring them to maintain at least $500,000 in commercial general liability insurance per occurrence.

Authorizes minors to operate shared bicycles if accompanied by a user, with mandatory helmet requirements for operators under age 16.

Establishes requirements for shared bicycles including compliance with federal safety standards, company contact information, and lawful parking when not in use.

Prohibits local governments from adopting ordinances to limit or prevent bicycle sharing companies from operating, provided companies comply with applicable local laws for similar businesses.

Authorizes local governments to assess fines up to $5,000 annually for failure to provide insurance proof and up to $10 per day (capped at $100) for unlawfully parked bicycles not removed within 24 hours.