FL S0666

Requires the executive director of the Department of Economic Opportunity to serve as chair of the Florida Development Finance Corporation board, with authority to designate a department employee to serve in this capacity.

Restructures the board of directors to consist of seven members: the DEO executive director (chair), the director of the Division of Bond Finance of the State Board of Administration, and five gubernatorial appointees confirmed by the Senate.

Increases the maximum maturity period for bonds, notes, and indebtedness issued by the corporation from 30 years to 35 years from their respective dates of issuance.

Requires the corporation's annual performance report to be incorporated into the Department of Economic Opportunity's annual report on the state's business climate and economic development, and establishes performance standards for the corporation.

Establishes conflict of interest requirements mandating public disclosure and minutes documentation when a director has direct or indirect interest in an application before the corporation, and prohibits that director from participating in related actions.