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HB 403

Limited Liability Companies

2025 Regular Session Introduced by Michael Owen and 1 co-sponsor

Florida HB 403 proposed LLC statutory modifications but was superseded when companion bill CS/SB 316 passed and became law in 2025.

Laid on Table, companion bill(s) passed, see CS/SB 316 (Ch. 2025-162)
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Bill Summary · HB 403

Legislative bill overview

HB 403 modifies Florida's Limited Liability Company (LLC) statutory framework, though the specific provisions are not detailed in the action history. The bill was superseded by its companion bill, CS/SB 316, which was enacted into law (Chapter 2025-162), meaning HB 403 itself did not pass.

Why is this important

LLC regulations directly affect business formation, operation, and liability protections for thousands of Florida entrepreneurs and small business owners. Changes to LLC statutes can influence how businesses are structured, taxed, and how personal assets are protected from business debts and litigation.

Potential points of contention

  • The bill's specific amendments are unclear from available records, but LLC reforms often debate the balance between owner flexibility and creditor protections
  • Companion bill passage instead of HB 403 suggests potential disagreements between House and Senate versions that required compromise
  • Any changes to LLC operating requirements or reporting obligations could impose compliance burdens on small businesses

Compiled from official sources — confirm details with the bill’s official record.

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