Florida Senate - 2025 SB By Senator Simon 3-01951-25 20251586__ CODING: Words stricken are deletions; words underlined are additions. A bill to be entitled

An act relating to fees; amending s. 468.404, F.S.; 2 requiring agents wishing to represent student athletes to pay a specified application fee to the Department of Business and Professional Regulation; requiring such agents to pay a specified renewal fee annually to the department; providing a contingent effective date. 7

Be It Enacted by the Legislature of the State of Florida: 9

Section 1. Present subsections (2), (3), and (4) of

section 11 468.404, Florida Statutes, are redesignated as subsections (3), 12 (4), and (5), respectively, a new subsection (2) is added to that section, and subsection (1) of that

section is amended, to read: 15 468.404 License; fees; renewals.— 16

(1) Except as provided in subsection (2), the department shall establish biennial fees for initial licensing, renewal of license, and reinstatement of license, none of which fees may shall exceed $400. The department may establish a delinquency fee of no more than $50. The fees must shall be adequate to proportionately fund the expenses of the department which are allocated to the regulation of talent agencies and are shall be based on the department’s estimate of the revenue required to administer this part. 25

(2) Notwithstanding subsection (1), an agent wishing to represent a student athlete shall pay to the department an initial application fee not to exceed $2,500. Thereafter, an agent representing a student athlete shall pay to the department Florida Senate - 2025 SB 1586 3-01951-25 20251586__ CODING: Words stricken are deletions; words underlined are additions. an annual renewal fee not to exceed $2,500. 30

Section 2. This act shall take effect on the same date that SB or similar legislation takes effect, if such legislation is adopted in the same legislative session or an extension thereof and becomes a law. 34