H5601

Florida H5601 amends higher education laws, transferring assets and liabilities between the University of South Florida and New College of Florida.

Florida H5601 amends higher education laws by transferring specified assets and liabilities from the University of South Florida Sarasota/Manatee to New College of Florida by July 1, 2026. This includes academic, administrative, and residential buildings, educational and research equipment, and intellectual property. New College of Florida must provide a monthly payment to the University of South Florida until the transfer is complete.