Florida Senate - 2020 SB 1574 By Senator Baxley 12-01715A-20 20201574__ 1 A bill to be entitled 2 An act relating to contingency fees; creating s. 3 287.05905, F.S.; defining the term “local or regional 4 governmental entity”; prohibiting local and regional 5 governmental entities from entering into contingency 6 fee contracts above specified limits with private 7 attorneys and law firms; providing an effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. Section 287.05905, Florida Statutes, is created 12 to read: 13 287.05905 Private attorney or law firm services for local 14 entities.— 15 (1) As used in this section, the term “local or regional 16 governmental entity” includes a municipality, a county, a school 17 board, a special district, any other local entity within the 18 jurisdiction of one county created by general or special law or 19 local ordinance, a regional planning council, a metropolitan 20 planning organization, a water supply authority that includes 21 more than one county, a local health council, a water management 22 district, and any other regional entity that is authorized and 23 created by general or special law which has duties or 24 responsibilities extending beyond the jurisdiction of a single 25 county. 26 (2) A local or regional governmental entity may not enter 27 into a contingency fee contract that authorizes a private 28 attorney or law firm to receive an aggregate contingency fee in 29 excess of: 30 (a) Twenty-five percent of any recovery up to $10 million; 31 plus 32 (b) Twenty percent of any portion of such recovery over $10 33 million and up to $15 million; plus 34 (c) Fifteen percent of any portion of such recovery over 35 $15 million and up to $20 million; plus 36 (d) Ten percent of any portion of such recovery over $20 37 million and up to $25 million; plus 38 (e) Five percent of any portion of such recovery exceeding 39 $25 million. 40 41 The aggregate contingency fee may not exceed $20 million, 42 exclusive of reasonable costs and expenses, and irrespective of 43 the number of lawsuits filed or the number of private attorneys 44 or law firms retained to achieve the recovery. 45 Section 2. This act shall take effect July 1, 2020.