Florida Senate - 2025 CS for SB 768 By the Committee on Health Policy; and Senator Calatayud 588-02569-25 2025768c1 1 A bill to be entitled 2 An act relating to controlling business interests by 3 persons with ties to foreign countries of concern; 4 amending s. 408.810, F.S.; revising minimum health 5 care provider licensure requirements relating to 6 persons or entities possessing a specified controlling 7 interest in the licensee; revising the definition of 8 the terms business relationship and foreign country 9 of concern; providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1.Subsection (15) of section 408.810, Florida 14 Statutes, is amended to read: 15 408.810Minimum licensure requirements.In addition to the 16 licensure requirements specified in this part, authorizing 17 statutes, and applicable rules, each applicant and licensee must 18 comply with the requirements of this section in order to obtain 19 and maintain a license. 20 (15)(a)The licensee must make reasonable efforts to ensure 21 that a person or an entity that who possesses a direct 22 controlling interest does not directly hold, either directly or 23 indirectly, regardless of ownership structure, an interest in an 24 entity that has a business relationship with a foreign country 25 of concern or that is subject to s. 287.135. 26 (b)For purposes of this subsection, the term: 27 1.Business relationship means engaging in commerce in 28 any form, including, but not limited to, acquiring, developing, 29 maintaining, owning, selling, possessing, leasing, or operating 30 equipment, facilities, personnel, products, services, personal 31 property, real property, or military equipment, or any other 32 apparatus of business or commerce. 33 2.Foreign country of concern means the Peoples Republic 34 of China, the Russian Federation, the Islamic Republic of Iran, 35 the Democratic Peoples Republic of Korea, the Republic of Cuba, 36 the Venezuelan regime of Nicolas Maduro, or the Syrian Arab 37 Republic, including any agency of such foreign country of 38 concern has the same meaning as in s. 692.201. 39 3.Interest has the same meaning as in s. 286.101(1). 40 Section 2.This act shall take effect July 1, 2025.