---
type: "Bill"
title: "Exemption from Regulation for Bona Fide Nonprofit Organizations"
description: "Exemption from Regulation for Bona Fide Nonprofit Organizations; Authorizes FSC to adopt rules prescribing criteria & processes for determining whether organization is bona fide nonprofit organization for specified purpose; provides exemptions from certain regulation for bona fide nonprofit organizations & certain employees of bona fide nonprofit organization that meet specified criteria; requires Office of Financial Regulation to make specified determination; requires office to make such determination based on terms consistent with loan origination in public or charitable context; requires office to periodically examine books & activities of organization & to revoke its status as bona fide nonprofit organization."
jurisdiction: "us/states/fl"
legislature: "Florida Legislature"
session: "2024"
identifier: "HB 1569"
citation: "Florida HB 1569 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
chapter_law: "2024-134"
primary_sponsors: ["Grant"]
version_count: 3
action_count: 37
vote_count: 2
first_action: "2024-01-08"
last_action: "2024-04-29"
source: "openstates"
source_identifier: "ocd-bill/3173f540-9ca3-4f3a-bd23-832974d07f20"
source_url: "https://flsenate.gov/Session/Bill/2024/1569/ByCategory"
source_hash: "52d18498644564cc236dee0f2d4af95055e037d325d48d4a682a6df89f899893"
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 HB 1569 (2024) — Exemption from Regulation for Bona Fide Nonprofit Organizations

Exemption from Regulation for Bona Fide Nonprofit Organizations; Authorizes FSC to adopt rules prescribing criteria & processes for determining whether organization is bona fide nonprofit organization for specified purpose; provides exemptions from certain regulation for bona fide nonprofit organizations & certain employees of bona fide nonprofit organization that meet specified criteria; requires Office of Financial Regulation to make specified determination; requires office to make such determination based on terms consistent with loan origination in public or charitable context; requires office to periodically examine books & activities of organization & to revoke its status as bona fide nonprofit organization.

**Enacted** — Laws of Florida, Chapter 2024-134.

## Version chain

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

1. **H 1569 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2024/1569/BillText/Filed/PDF)
2. **H 1569 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2024/1569/BillText/c1/PDF)
3. **H 1569 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2024/1569/BillText/er/PDF)

## Votes

- Third Reading — **40–0** (pass) · upper
- Passage, Third Reading — **118–0** (pass) · lower

## Sponsors

- Grant — primary (person)
- Insurance & Banking Subcommittee — primary (organization)
- Stevenson — cosponsor (person)
- Tramont — cosponsor (person)

## Timeline

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

- **2024-01-08** Filed `filing`
- **2024-01-09** 1st Reading (Original Filed Version) `filing, reading-1`
- **2024-01-13** Referred to Insurance & Banking Subcommittee `referral-committee`
- **2024-01-13** Referred to Commerce Committee `referral-committee`
- **2024-01-13** Now in Insurance & Banking Subcommittee
- **2024-01-23** Added to Insurance & Banking Subcommittee agenda
- **2024-01-25** Favorable with CS by Insurance & Banking Subcommittee `committee-passage-favorable`
- **2024-01-25** Reported out of Insurance & Banking Subcommittee
- **2024-01-25** Laid on Table under Rule 7.18(a) `deferral`
- **2024-01-25** CS Filed `filing`
- **2024-01-26** Referred to Commerce Committee `referral-committee`
- **2024-01-26** Now in Commerce Committee
- **2024-01-26** Added to Commerce Committee agenda
- **2024-01-26** 1st Reading (Committee Substitute 1) `reading-1`
- **2024-01-30** Favorable by Commerce Committee `committee-passage-favorable`
- **2024-01-30** Reported out of Commerce Committee
- **2024-01-30** Bill released to House Calendar
- **2024-01-30** Added to Second Reading Calendar
- **2024-02-12** Bill added to Special Order Calendar (2/15/2024)
- **2024-02-15** Read 2nd time `reading-2`
- **2024-02-15** Added to Third Reading Calendar
- **2024-02-15** Read 3rd time `reading-3`
- **2024-02-15** CS passed; YEAS 118, NAYS 0 `passage`
- **2024-02-15** In Messages
- **2024-02-16** Referred to Rules `referral-committee`
- **2024-02-20** Received `enrolled`
- **2024-03-04** Withdrawn from Rules `withdrawal`
- **2024-03-04** Placed on Calendar, on 2nd reading
- **2024-03-04** Substituted for CS/SB 514
- **2024-03-04** Read 2nd time `reading-2`
- **2024-03-04** Read 3rd time `reading-3`
- **2024-03-04** CS passed; YEAS 40 NAYS 0 `passage`
- **2024-03-04** In Messages
- **2024-03-04** Ordered enrolled `enrolled`
- **2024-04-16** Signed by Officers and presented to Governor `executive-receipt`
- **2024-04-26** Approved by Governor `executive-signature`
- **2024-04-29** Chapter No. 2024-134

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/3173f540-9ca3-4f3a-bd23-832974d07f20`. Confidence: reported (aggregated from official Florida legislature records).