This document does not reflect the intent or official position of the bill sponsor or House of Representatives. STORAGE NAME: h7037z.docx DATE: 3/18/2024 HOUSE OF REPRESENTATIVES STAFF FINAL BILL ANALYSIS BILL #: HB 7037 PCB RUC 24-06 Florida Statutes SPONSOR(S): Rules Committee, Chaney TIED BILLS: IDEN./SIM. BILLS: SB 82 FINAL HOUSE FLOOR ACTION: 114 Y’s 0 N’s GOVERNOR’S ACTION: Approved SUMMARY ANALYSIS HB 7037 passed the House on January 18, 2024, as SB 82. During the 2023 Regular Legislative Session, the Legislature passed HB 5 (ch. 2023-173, L.O.F.), which, among other things, directed the Division of Law Revision to prepare a reviser’s bill to replace references to the terms “Department of Economic Opportunity” and “Secretary of Economic Opportunity” with the terms “Department of Commerce” and “Secretary of Commerce,” respectively. The bill makes conforming changes directed by HB 5. The bill has no fiscal impact. The bill was approved by the Governor on February 15, 2024, ch. 2024-6, L.O.F., and will take effect on the 60th day after adjournment sine die, except as otherwise provided. STORAGE NAME: h7037z.docx PAGE: 2 DATE: 3/18/2024 I. SUBSTANTIVE INFORMATION A. EFFECT OF CHANGES: Section 147, ch. 2023-173, L.O.F., directed the Division of Law Revision to prepare a reviser’s bill to replace references to the terms “Department of Economic Opportunity” and “Secretary of Economic Opportunity,” wherever they occur in the Florida Statutes, with the terms “Department of Commerce” and “Secretary of Commerce,” respectively. The bill makes conforming changes pursuant to the directive. II. FISCAL ANALYSIS & ECONOMIC IMPACT STATEMENT A. FISCAL IMPACT ON STATE GOVERNMENT: 1. Revenues: None. 2. Expenditures: None. B. FISCAL IMPACT ON LOCAL GOVERNMENTS: 1. Revenues: None. 2. Expenditures: None. C. DIRECT ECONOMIC IMPACT ON PRIVATE SECTOR: None. D. FISCAL COMMENTS: None.