SB 554 Florida Senate · 2026 Regular Session

Nonprofit Corporations

Summary

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.

Bill status in committee 1 of 4 stages cleared

Introduction

Jan 2026

Committee Review

Floor Vote

Governor

Introduced Jan 13, 2026 Last action Mar 4, 2026

Maddy AI version diff · 1 comparison

What changed between versions

S 554 Filed → S 554 c1 · 3 edits

MINOR

The Committee Substitute 1 for SB 554 made only minor rewording changes to the bill's summary description at the top, with no substantive changes to the actual statutory text. The bill was formally referred to and approved by the Committee on Fiscal Policy in addition to Senator Bernard as sponsor. The changes are purely technical and do not alter any policy provisions.

TECHNICAL

The summary description changed 'providing that provisions of a plan or filed document may not be made dependent upon facts outside the plan or filed document' to 'prohibiting a provision of a plan or filed document to be made dependent upon facts outside the plan or filed document' - a rewording with no substantive effect.

In the summary description of section 617.0123, 'the date or time at which a document is filed' was changed to 'the date and time at which a document is filed,' clarifying that both must be specified rather than either one.

Two items in the summary description regarding section 617.0501 were reordered (deleting the definition of 'authorized entity' and authorizing a court to stay a proceeding), with no change in meaning.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Feb 18, 2026

Upper · Passed

Pending reference review -under Rule 4.7(2) - (Committee Substitute)

upper

Feb 13, 2026

Upper · Passed

On Committee agenda-- Fiscal Policy, 02/18/26, 1:30 pm, 110 Senate Building

upper

Feb 10, 2026

Upper · Passed

Favorable by Judiciary; YEAS 11 NAYS 0

upper

Feb 5, 2026

Upper · Passed

On Committee agenda-- Judiciary, 02/10/26, 12:00 pm, 110 Senate Building

upper

Jan 21, 2026

Upper · Passed

Favorable by Commerce and Tourism; YEAS 10 NAYS 0

upper

Jan 16, 2026

Upper · Passed

On Committee agenda-- Commerce and Tourism, 01/21/26, 8:30 am, 110 Senate Building

upper

Jan 13, 2026

Introduced

upper

Dec 9, 2025

Committee

Referred to Commerce and Tourism; Judiciary; Fiscal Policy

upper

1 primary · 0 co-sponsors