House Bill 685 (Chapter 2014-209) signed by the governor June 20 and effective July 1 authorizes creation of social purpose corporations and benefit corporations and specifies certain differences are not considered a distinguishing factor when determining if the name of a business entity is distinguishable from the names of all other entities or filings on the records of the Department of State. The bill text and analysis can be accessed at the Florida House of Representatives website.

The bill text can be located at the following link: HB 685 text

The bill is 79 pages long.  Analysis is available at the following link: HB 685 analysis

 

Florida – HB 685 authorizes the creation of social purpose corporations and benefit corporations
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