S0092 — Yacht and Ship Brokers' Act

Senate Bill 92 revised the Yacht and Ship Brokers' Act, modifying definitions and licensing requirements for yacht brokers and salespersons.

The bill revised the definition of 'yacht' and exempted persons conducting broker or salesperson business in another state from Florida licensure for specified transactions. The bill changed the Division of Florida Condominiums, Timeshares, and Mobile Homes' authority from discretionary authorization to mandatory denial of licenses based on specified criteria.

Yacht and ship brokers and salespersons, and the Division of Florida Condominiums, Timeshares, and Mobile Homes of the Department of Business and Professional Regulation.

The bill passed the Senate on February 14, 2024, and was referred to the House on February 14, 2024; effective date is not stated in the source material.