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CS/CS/SB 312 — Florida Institute for Human and Machine Cognition, Inc.
by Governmental Oversight and Accountability Committee; Education Postsecondary Committee; and Senators Gaetz and Harrell
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Education Postsecondary Committee (HE)
The bill modifies governance and reporting requirements for the Florida Institute for Human and Machine Cognition, Inc. (IHMC). The bill transfers authority for creating not-for-profit subsidiaries from the Board of Governors to the IHMC’s board of directors and removes the requirement for the Board of Governors to approve subsidiary articles of incorporation. Subsidiaries are also authorized to enter into affiliation agreements with certain universities. The bill also updates reporting responsibilities, requiring the IHMC to certify compliance with state requirements rather than the University of West Florida.
Additionally, the bill revises the composition of the IHMC board by removing the chair of the University of West Florida Board of Trustees and adding an additional public representative appointed by that board.
If approved by the Governor, or allowed to become law without the Governor’s signature, these provisions take effect July 1, 2025.
Vote: Senate 37-0; House 112-0