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FL H0955
Bill
Status
2/20/2023
Primary Sponsor
Constitutional Rights, Rule of Law & Government Operations Subcommittee
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AI Summary
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Requires state entities to post documents on the contract tracking system indicating use of state funds for remuneration under contracts executed, amended, or extended on or after July 1, 2023.
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Mandates that contracts for services with nonprofit organizations executed, amended, or extended on or after July 1, 2023, require contractors to document state funds allocated for board member and officer compensation during the full contract term and for each payment.
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Requires documentation of remuneration amounts and recipient names to be included in the state contract tracking system and posted on the contractor's website if maintained.
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Defines key terms including "officer" (CEO, CFO, COO, or equivalent positions), "remuneration" (all compensation including bonuses, severance, retirement contributions, and in-kind benefits), and "state funds" (General Revenue Fund, state trust funds, federal funds distributed by the state, and grant program funds, excluding Medicaid).
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Takes effect July 1, 2023.
Legislative Description
Fiscal Accountability
Last Action
Laid on Table; companion bill(s) passed, see CS/SB 242 (Ch. 2023-214)
5/2/2023