HB 1569 — Exemption from Regulation for Bona Fide Nonprofit Organizations
Last action — Chapter No. 2024-134
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 08, 2024. Enacted.
Signed by Governor Ron DeSantis (Republican) on April 26, 2024.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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4 sponsors
2 primary, 2 co-sponsors signed on.
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Single-party support
Sponsorship is currently within one party (1 R).
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
Exemption from Regulation for Bona Fide Nonprofit Organizations; Authorizes FSC to adopt rules prescribing criteria & processes for determining whether organization is bona fide nonprofit organization for specified purpose; provides exemptions from certain regulation for bona fide nonprofit organizations & certain employees of bona fide nonprofit organization that meet specified criteria; requires Office of Financial Regulation to make specified determination; requires office to make such determination based on terms consistent with loan origination in public or charitable context; requires office to periodically examine books & activities of organization & to revoke its status as bona fide nonprofit organization.
Bill Text
What changed in the latest version
11 added · 16 removed11 line(s) added, 16 removed.
F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED CS/HB1569 2024Legislature2024 2A bill to be entitled An act relating to an exemption from regulation for bona fide nonprofit organizations;
hb1569-02-erhb1569-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED CS/HB1569 2024Legislature2024 494.0011 Powers and duties of the commission and office.— (2) The commission may adopt rules to administer parts I, II, and III of this chapter, including rules:
hb1569-02-erhb1569-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED CS/HB1569 2024Legislature2024 6.
hb1569-02-erhb1569-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED CS/HB1569 2024Legislature2024 501(c)(3) of the Internal Revenue Code of 1986.
hb1569-02-erhb1569-01-c1 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S ENROLLED CS/HB1569 2024Legislature2024 Section 3.
hb1569-02-erhb1569-01-c1
View plain text versions (3)
- H 1569 c1 View text pdf
- H 1569 er View text Current pdf
- Introduced H 1569 Filed pdf
Action History
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Chapter No. 2024-134
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Approved by Governor
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Signed by Officers and presented to Governor
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Ordered enrolled
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In Messages
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CS passed; YEAS 40 NAYS 0
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Read 3rd time
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Read 2nd time
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Substituted for CS/SB 514
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Placed on Calendar, on 2nd reading
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Withdrawn from Rules
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Received
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Referred to Rules
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In Messages
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CS passed; YEAS 118, NAYS 0
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Read 3rd time
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Added to Third Reading Calendar
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Read 2nd time
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Bill added to Special Order Calendar (2/15/2024)
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Added to Second Reading Calendar
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Bill released to House Calendar
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Reported out of Commerce Committee
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Favorable by Commerce Committee
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1st Reading (Committee Substitute 1)
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Added to Commerce Committee agenda
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Now in Commerce Committee
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Referred to Commerce Committee
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CS Filed
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Laid on Table under Rule 7.18(a)
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Reported out of Insurance & Banking Subcommittee
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Favorable with CS by Insurance & Banking Subcommittee
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Added to Insurance & Banking Subcommittee agenda
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Now in Insurance & Banking Subcommittee
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Referred to Commerce Committee
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Referred to Insurance & Banking Subcommittee
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1st Reading (Original Filed Version)
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Filed
Sponsors
- Grant · Primary
- Stevenson · Cosponsor
- Chase Tramont · Cosponsor
- Insurance & Banking Subcommittee · Primary
Sponsorship breakdown
Export CSV (upgrade) →2 sponsors · 2 co-sponsors · 160 not signed on
Sponsors (2)
- Grant
- Insurance & Banking Subcommittee
Co-sponsors (2)
- Stevenson
- Tramont, Chase Republican
Not signed on (160)
160 members have not signed on to this bill.
Show all 160 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Republican | 22 | 0 | 0 | 0 |
| Democrat | 6 | 0 | 0 | 0 |
| Unaffiliated | 11 | 0 | 0 | 0 |
| No Party Affiliation | 1 | 0 | 0 | 0 |
| Total | 40 | 0 | 0 | 0 |
| % of votes cast | 100% | 0% | 0% | 0% |
How each member voted (40)
| Member | Party | Vote |
|---|---|---|
| Powell | — | Yea |
| Baxley | — | Yea |
| Book | — | Yea |
| Stewart | — | Yea |
| Hutson | — | Yea |
| Ingoglia | — | Yea |
| Torres | — | Yea |
| Broxson | — | Yea |
| Collins | — | Yea |
| Perry | — | Yea |
| Thompson, Geraldine F. "Geri" | — | Yea |
| Berman, Lori | Democrat | Yea |
| Davis, Tracie | Democrat | Yea |
| Jones, Shevrin D. "Shev" | Democrat | Yea |
| Osgood, Rosalind | Democrat | Yea |
| Polsky, Tina Scott | Democrat | Yea |
| Rouson, Darryl Ervin | Democrat | Yea |
| Pizzo, Jason W. B. | No Party Affiliation | Yea |
| Albritton, Ben | Republican | Yea |
| Boyd, Jim | Republican | Yea |
| Bradley, Jennifer | Republican | Yea |
| Brodeur, Jason | Republican | Yea |
| Burgess, Danny | Republican | Yea |
| Burton, Colleen | Republican | Yea |
| Calatayud, Alexis | Republican | Yea |
| DiCeglie, Nick | Republican | Yea |
| Garcia, Ileana | Republican | Yea |
| Grall, Erin | Republican | Yea |
| Gruters, Joe | Republican | Yea |
| Harrell, Gayle | Republican | Yea |
| Hooper, Ed | Republican | Yea |
| Martin, Jonathan | Republican | Yea |
| Mayfield, Debbie | Republican | Yea |
| Passidomo, Kathleen | Republican | Yea |
| Rodriguez, Ana Maria | Republican | Yea |
| Simon, Corey | Republican | Yea |
| Trumbull, Jay | Republican | Yea |
| Vacant | Republican | Yea |
| Wright, Tom A. | Republican | Yea |
| Yarborough, Clay | Republican | Yea |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Democrat | 29 | 0 | 0 | 0 |
| Unaffiliated | 24 | 0 | 0 | 1 |
| Republican | 65 | 0 | 0 | 1 |
| Total | 118 | 0 | 0 | 2 |
| % of votes cast | 98% | 0% | 0% | 2% |
How each member voted (120)
| Member | Party | Vote |
|---|---|---|
| Payne | — | Yea |
| Amesty | — | Yea |
| Fine | — | Yea |
| Renner | — | Yea |
| Roach | — | Yea |
| Bell | — | Yea |
| Grant | — | Yea |
| Beltran | — | Yea |
| Rommel | — | Yea |
| Benjamin | — | Yea |
| Roth | — | Yea |
| Rudman | — | Yea |
| Williams | — | Yea |
| Silvers | — | Not Voting |
| Altman | — | Yea |
| Keen | — | Yea |
| Killebrew | — | Yea |
| Stevenson | — | Yea |
| Caruso | — | Yea |
| Casello | — | Yea |
| Temple | — | Yea |
| Tomkow | — | Yea |
| Clemons | — | Yea |
| Waldron | — | Yea |
| Lopez, V. | — | Yea |
| Antone, Bruce Hadley | Democrat | Yea |
| Arrington, Kristen Aston | Democrat | Yea |
| Bartleman, Robin | Democrat | Yea |
| Bracy Davis, LaVon | Democrat | Yea |
| Campbell, Daryl | Democrat | Yea |
| Chambliss, Kevin D. | Democrat | Yea |
| Cross, Lindsay | Democrat | Yea |
| Daley, Dan | Democrat | Yea |
| Daniels, Kimberly | Democrat | Yea |
| Driskell, Fentrice | Democrat | Yea |
| Dunkley, Lisa | Democrat | Yea |
| Edmonds, Jervonte "Tae" | Democrat | Yea |
| Eskamani, Dr. Anna V. | Democrat | Yea |
| Franklin II, Gallop | Democrat | Yea |
| Gantt, Ashley Viola | Democrat | Yea |
| Gottlieb, Michael "Mike" | Democrat | Yea |
| Gregory, Emily | Democrat | Yea |
| Harris, Jennifer "Rita" | Democrat | Yea |
| Hart-Lowman, Dianne "Ms Dee" | Democrat | Yea |
| Hinson, Yvonne Hayes | Democrat | Yea |
| Hunschofsky, Christine | Democrat | Yea |
| Joseph, Dotie | Democrat | Yea |
| López, Johanna | Democrat | Yea |
| Nixon, Angela "Angie" | Democrat | Yea |
| Rayner, Michele K. | Democrat | Yea |
| Robinson, Felicia Simone | Democrat | Yea |
| Skidmore, Kelly | Democrat | Yea |
| Tant, Allison | Democrat | Yea |
| Woodson, Marie Paule | Democrat | Yea |
| Abbott, Shane G. | Republican | Yea |
| Alvarez, Daniel Antonio "Danny" | Republican | Yea |
| Anderson, Adam | Republican | Yea |
| Andrade, Robert Alexander "Alex" | Republican | Yea |
| Baker, Jessica | Republican | Yea |
| Bankson, Douglas Michael "Doug" | Republican | Yea |
| Barnaby, Webster | Republican | Yea |
| Basabe, Fabián | Republican | Yea |
| Berfield, Kimberly | Republican | Yea |
| Black, Dean | Republican | Yea |
| Borrero, David | Republican | Yea |
| Botana, Adam | Republican | Yea |
| Brackett, Robert A. "Robbie" | Republican | Yea |
| Brannan III, Robert Charles "Chuck" | Republican | Yea |
| Buchanan, James | Republican | Yea |
| Busatta, Demi | Republican | Yea |
| Canady, Jennifer | Republican | Yea |
| Cassel, Hillary | Republican | Yea |
| Chamberlin, Ryan | Republican | Yea |
| Chaney, Linda | Republican | Yea |
| Duggan, Wyman | Republican | Yea |
| Esposito, Tiffany | Republican | Yea |
| Fabricio, Tom | Republican | Yea |
| Garcia, Ileana | Republican | Yea |
| Garrison, Sam | Republican | Yea |
| Giallombardo, Mike | Republican | Yea |
| Gonzalez Pittman, Karen | Republican | Yea |
| Gossett-Seidman, Peggy | Republican | Yea |
| Griffitts Jr., Philip Wayne "Griff" | Republican | Yea |
| Holcomb, Jeff | Republican | Yea |
| Jacques, Berny | Republican | Yea |
| Koster, Traci | Republican | Yea |
| LaMarca, Chip | Republican | Yea |
| Leek, Thomas J. "Tom" | Republican | Yea |
| Maggard, Randall Scott "Randy" | Republican | Yea |
| Maney, Patt | Republican | Yea |
| Massullo, Ralph E., Jr. | Republican | Yea |
| McClain, Stan | Republican | Yea |
| McClure, Lawrence | Republican | Yea |
| McFarland, Fiona | Republican | Yea |
| Melo, Lauren | Republican | Yea |
| Michael, Kiyan | Republican | Yea |
| Mooney Jr., James Vernon "Jim" | Republican | Yea |
| Overdorf, Tobin Rogers "Toby" | Republican | Yea |
| Perez, Daniel | Republican | Yea |
| Persons-Mulicka, Jenna | Republican | Yea |
| Plakon, Rachel Saunders | Republican | Not Voting |
| Plasencia, Susan | Republican | Yea |
| Porras, Juan Carlos | Republican | Yea |
| Redondo, Mike | Republican | Yea |
| Rizo, Alex | Republican | Yea |
| Robinson Jr., William Cloud "Will" | Republican | Yea |
| Salzman, Michelle | Republican | Yea |
| Shoaf, Jason | Republican | Yea |
| Sirois, Tyler I. | Republican | Yea |
| Smith, David | Republican | Yea |
| Snyder, John | Republican | Yea |
| Stark, Paula A. | Republican | Yea |
| Steele, Kevin M. | Republican | Yea |
| Trabulsy, Dana | Republican | Yea |
| Tramont, Chase | Republican | Yea |
| Truenow, Keith L. | Republican | Yea |
| Tuck, Kaylee | Republican | Yea |
| Valdés, Susan L. | Republican | Yea |
| Yarkosky, Taylor Michael | Republican | Yea |
| Yeager, Bradford Troy "Brad" | Republican | Yea |
Subjects
Frequently asked questions
- What does HB 1569 do?
- Exemption from Regulation for Bona Fide Nonprofit Organizations; Authorizes FSC to adopt rules prescribing criteria & processes for determining whether organization is bona fide nonprofit organization for specified purpose; provides exemptions from certain regulation for bona fide nonprofit organizations & certain employees of bona fide nonprofit organization that meet specified criteria; requires Office of Financial Regulation to make specified determination; requires office to make such determination based on terms consistent with loan origination in public or charitable context; requires office to periodically examine books & activities of organization & to revoke its status as bona fide nonprofit organization.
- Who sponsors HB 1569?
- HB 1569 is sponsored by Grant, Stevenson, Tramont, Chase (Republican), and Insurance & Banking Subcommittee.
- What is the current status of HB 1569?
- This bill has been enacted into law. Introduced January 08, 2024. Enacted.
- Where can I track HB 1569?
- Track HB 1569 free on One Click Politics — get push/email alerts when it moves.
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