---
type: "Bill"
title: "Business Organizations"
description: "Business Organizations; Revising requirements relating to inspecting certain records of limited liability companies; revising the circumstances under which shareholders are entitled to appraisal rights and certain payments; entitling corporations to prepay a shareholder if the shareholder makes a demand for payment; revising requirements for proceedings relating to unsettled demands for payment, etc."
jurisdiction: "us/states/fl"
legislature: "Florida Legislature"
session: "2021"
identifier: "SB 602"
citation: "Florida SB 602 (2021)"
classification: ["bill"]
subjects: ["business organizations"]
status: "enacted"
chapter_law: "2021-13"
primary_sponsors: ["Burgess"]
version_count: 3
action_count: 34
vote_count: 5
first_action: "2021-01-13"
last_action: "2021-05-11"
source: "openstates"
source_identifier: "ocd-bill/b89c53f5-ca5b-45af-ac7a-f74b0ea77f64"
source_url: "https://flsenate.gov/Session/Bill/2021/602/ByCategory"
source_hash: "45563bd7979bd9d36c87b2173a66cf53216a402207865ff4a233fdeabac8259e"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-fl"]
---

# Florida SB 602 (2021) — Business Organizations

Business Organizations; Revising requirements relating to inspecting certain records of limited liability companies; revising the circumstances under which shareholders are entitled to appraisal rights and certain payments; entitling corporations to prepay a shareholder if the shareholder makes a demand for payment; revising requirements for proceedings relating to unsettled demands for payment, etc.

**Enacted** — Laws of Florida, Chapter 2021-13.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **S 602 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2021/602/BillText/Filed/HTML)
2. **S 602 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2021/602/BillText/c1/HTML)
3. **S 602 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2021/602/BillText/er/HTML)

## Votes

- Favorable with Committee Substitute — **11–0** (pass) · upper
- Favorable — **17–0** (pass) · upper
- Passage, Third Reading — **115–1** (pass) · lower
- Third Reading — **39–0** (pass) · upper
- Favorable — **11–0** (pass) · upper

## Sponsors

- Burgess — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2021-01-13** Filed `filing`
- **2021-01-28** Referred to Commerce and Tourism; Judiciary; Rules `referral-committee`
- **2021-02-08** On Committee agenda-- Commerce and Tourism, 02/15/21, 3:30 pm, 110 Senate Building
- **2021-02-15** CS by Commerce and Tourism; YEAS 11 NAYS 0
- **2021-02-16** Pending reference review under Rule 4.7(2) - (Committee Substitute)
- **2021-02-18** Now in Judiciary
- **2021-02-25** On Committee agenda-- Judiciary, 03/02/21, 1:30 pm, 412 Knott Building
- **2021-03-02** Introduced `introduction`
- **2021-03-02** Favorable by Judiciary; YEAS 11 NAYS 0 `committee-passage-favorable`
- **2021-03-02** Now in Rules
- **2021-03-02** CS by Commerce and Tourism read 1st time
- **2021-03-18** On Committee agenda-- Rules, 03/18/21, 9:00 am, 412 Knott Building --Not Considered
- **2021-03-22** On Committee agenda-- Rules, 03/25/21, 9:00 am, 412 Knott Building
- **2021-03-25** Favorable by- Rules; YEAS 17 NAYS 0 `committee-passage-favorable`
- **2021-03-25** Placed on Calendar, on 2nd reading
- **2021-04-01** Placed on Special Order Calendar, 04/07/21
- **2021-04-07** Read 2nd time `reading-2`
- **2021-04-07** Read 3rd time `reading-3`
- **2021-04-07** CS passed; YEAS 39 NAYS 0 `passage`
- **2021-04-07** Immediately certified
- **2021-04-07** In Messages
- **2021-04-23** Bill referred to House Calendar
- **2021-04-23** Bill added to Special Order Calendar (4/26/2021)
- **2021-04-23** 1st Reading (Committee Substitute 1)
- **2021-04-26** Read 2nd time `reading-2`
- **2021-04-26** Placed on 3rd reading
- **2021-04-26** Added to Third Reading Calendar
- **2021-04-27** Read 3rd time `reading-3`
- **2021-04-27** CS passed; YEAS 115, NAYS 1 `passage`
- **2021-04-27** Ordered enrolled
- **2021-04-27** Message sent to senate
- **2021-05-06** Signed by Officers and presented to Governor
- **2021-05-07** Approved by Governor `executive-signature`
- **2021-05-11** Chapter No. 2021-13

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/b89c53f5-ca5b-45af-ac7a-f74b0ea77f64`. Confidence: reported (aggregated from official Florida legislature records).