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FL H1023

Bill

Status

Failed

6/16/2025

Primary Sponsor

David Borrero

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Creates s. 501.174, F.S., requiring online marketplaces to record the IP address of online sellers to verify their location
  • Defines "foreign countries of concern" as China, Russia, Iran, North Korea, Cuba, the Venezuelan regime of Nicolás Maduro, and Syria, including any agencies or entities under their significant control
  • Requires online marketplaces to clearly disclose to consumers before a sale if the online seller or platform is located in, conducts business in, or fulfills orders from a foreign country of concern
  • Mandates that online marketplaces hold sales proceeds from transactions between Florida-based consumers and sellers connected to foreign countries of concern in a U.S.-based escrow account for a minimum of 120 days before transferring funds to the seller
  • Violations constitute a breach of the Florida Deceptive and Unfair Trade Practices Act; the act takes effect July 1, 2025

Legislative Description

Online Sellers from Foreign Countries of Concern

Last Action

Died in Industries & Professional Activities Subcommittee

6/16/2025

Committee Referrals

Industries & Professional Activities Subcommittee3/2/2025

Full Bill Text

No bill text available