A bill to legalize equity crowdfunding in Florida is gaining traction in the state Legislature, thanks in part to three Orlando businessmen.
A similar effort failed to launch in Tallahassee last year, partly because of concerns raised by the Florida Office of Financial Regulation. But the new bill just passed out of the House Banking and Insurance Committee.
Carlos Carbonell, founder of Orlando-based Echo Interaction, is a big promoter of this year’s effort. He said he and two Orlando attorneys drafted much of the language for this year’s bill, House Bill 275. State Rep. David Santiago, R-Deltona, is one of the bill’s first sponsors.
