SB 554: Nonprofit Corporations

Official summary

Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.

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.

Sponsors

Sponsors by party (alphabetical): Democratic 1

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

1. March 4, 2026Laid on Table, companion bill(s) passed, see CS/CS/HB 797 (Ch. 2026-168)
2. March 4, 2026Substituted CS/CS/HB 797
3. March 4, 2026Read 2nd time
4. March 2, 2026Placed on Special Order Calendar, 03/04/26
5. February 19, 2026CS by Fiscal Policy read 1st time
6. February 19, 2026Placed on Calendar, on 2nd reading
7. February 18, 2026Pending reference review -under Rule 4.7(2) - (Committee Substitute)
8. February 18, 2026CS by- Fiscal Policy; YEAS 19 NAYS 0
9. February 13, 2026On Committee agenda-- Fiscal Policy, 02/18/26, 1:30 pm, 110 Senate Building
10. February 11, 2026Now in Fiscal Policy
11. February 10, 2026Favorable by Judiciary; YEAS 11 NAYS 0
12. February 5, 2026On Committee agenda-- Judiciary, 02/10/26, 12:00 pm, 110 Senate Building

Showing 12 most recent of 18 actions. Full history