Bill Summary

SB 554 Nonprofit Corporations (2026 Session)
by Bernard  CS Sponsors: Fiscal Policy
Nonprofit Corporations; Renaming the “Florida Not For Profit Corporation Act” as the “Florida Nonprofit Corporation Act”; revising the circumstances in which a domestic or foreign corporation may correct a document filed with the department; requiring all courts, public offices, and official bodies to receive all certificates issued by the department as prima facie evidence of certain facts; authorizing a corporation to register under a name that is not otherwise distinguishable on the records of the department under certain circumstances; prohibiting a corporation from paying any dividend and making distributions of any part of its net income or net earnings to its members, directors, or officers, etc. Effective Date: 7/1/2026
11/18/25
SENATE
Filed
12/09/25
SENATE
Referred to Commerce and Tourism; Judiciary; Fiscal Policy
01/16/26
SENATE
On Committee agenda - Commerce and Tourism, 01/21/26, 8:30 am, 110 S
01/21/26
SENATE
Favorable by Commerce and Tourism; 10 Yeas, 0 Nays
01/21/26
SENATE
Now in Judiciary
02/05/26
SENATE
On Committee agenda - Judiciary, 02/10/26, 12:00 pm, 110 S
02/10/26
SENATE
Favorable by Judiciary; 11 Yeas, 0 Nays
02/11/26
SENATE
Now in Fiscal Policy
02/13/26
SENATE
On Committee agenda - Fiscal Policy, 02/18/26, 1:30 pm, 110 S
02/18/26
SENATE
Favorable with CS by Fiscal Policy; 19 Yeas, 0 Nays
02/18/26
SENATE
Committee Substitute Text (C1) Filed
02/19/26
SENATE
Placed on Calendar, on 2nd reading
03/02/26
SENATE
Placed on Special Order Calendar, 03/04/26
03/04/26
SENATE
Read Second Time; Substituted for HB 0797; Laid on Table, Refer to HB 0797
0554
Filed on 11/18/25
PDF
Amendment 794360 DE
Filed on 02/17/26
Replaced by CS
0554C1
Filed on 02/18/26
PDF
No amendments to this bill text filed.
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