HB 797: Nonprofit Corporations
HB 797 status: Introduced — Chapter No. 2026-168 (updated Jun 26, 2026).
What this bill does
Overall score
Bill summary
OfficialNonprofit Corporations; Conforms terminology for consistency with Model Nonprofit Corporation Act adopted by American Bar Association; aligns provisions with Florida Business Corporation Act; revises corporate powers; updates provisions on distributions, dividends, & board vacancies; revises who may answer DOS interrog...
Key analysis
Impact analysis
Environment
Benefits
- No direct impact on environmental regulations identified.
Risks
- No direct impact on environmental regulations identified.
Economy
Benefits
- Modernizes statutes to match current business standards.
- Improves regulatory clarity for nonprofit operation.
Risks
- Potential costs associated with updating bylaws to reflect new rules.
Society
Benefits
- Codifies good faith and duty of care for officers.
- Clarifies member rights and voting procedures.
Risks
- Broad liability immunity may limit accountability for nonprofit leadership.
- New membership termination rules could potentially marginalize some member interests.
How trustworthy & consequential it is
Source
OpenStates
Confidence
lowlow
Analysis status
OpenStates summary
Liability immunity provisions may significantly restrict the ability of stakeholders to pursue legal recourse against directors.
Analysis is based on a summary abstract rather than the full legislative text.
Where it stands
Introduced
CurrentChapter No. 2026-168
Committee
UpcomingFloor
UpcomingGovernor
UpcomingEnacted
UpcomingHow it affects your district
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