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HB 1373: Public Depositories

GENERAL BILL by Grant, J.

Public Depositories; Specifies that assessments for qualifying improvements do not have priority over previously recorded liens; specifies information to be included in financing agreements; requires local governments to provide certain disclosures in finance agreements; requires lenders to include certain disclosures in loan agreements; authorizes property owner to cancel finance agreement within specified time period; revises terms applicable to Florida Security for Public Deposits Act to add credit unions to list of entities that may qualify as "qualified public depository"; revises evidence of insurance required to be submitted by public depositor to CFO.

Effective Date: 1/1/2018
Last Action: 5/5/2017 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    3/7/2017 House • Filed
    • Introduced -HJ 139
    3/10/2017 House • Referred to Insurance and Banking Subcommittee; Government Accountability Committee; Commerce Committee -HJ 351
    3/23/2017 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/27/17, 12:30 pm, Sumner Hall --Not Considered
    5/5/2017 House • Indefinitely postponed and withdrawn from consideration
    • Died in Insurance and Banking Subcommittee

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  • HB 1373, Original Filed Version (Current Bill Version) Posted 3/7/2017 at 8:42 AM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1170 (c1) Florida Security for Public Deposits Act Hutson Compare Last Action: 5/5/2017 S Died in Appropriations

    Citations - Statutes (31)

    Citation Catchline Location in Bill Location In Bill Help
    17.57 Deposits and investments of state money. Page 17 (pdf)
    24.114 Bank deposits and control of lottery transactions. Page 18 (pdf)
    125.901 Children’s services; independent special district; council; powers, duties, and functions; public records exemption. Page 19 (pdf)
    136.01 County depositories. Page 20 (pdf)
    159.608 Powers of housing finance authorities. Page 21 (pdf)
    163.08 Supplemental authority for improvements to real property. Page 4 (pdf)
    175.301 Depository for pension funds. Page 21 (pdf)
    175.401 Retiree health insurance subsidy. Page 22 (pdf)
    185.30 Depository for retirement fund. Page 24 (pdf)
    185.50 Retiree health insurance subsidy. Page 24 (pdf)
    190.007 Board of supervisors; general duties. Page 26 (pdf)
    191.006 General powers. Page 26 (pdf)
    215.34 State funds; noncollectible items; procedure. Page 26 (pdf)
    218.415 Local government investment policies. Page 27 (pdf)
    255.502 Definitions; ss. 255.501-255.525. Page 30 (pdf)
    280.02 Definitions. Page 6 (pdf)
    280.03 Public deposits to be secured; prohibitions; exemptions. Page 8 (pdf)
    280.05 Powers and duties of the Chief Financial Officer. Page 9 (pdf)
    280.052 Order of suspension or disqualification; procedure. Page 9 (pdf)
    280.053 Period of suspension or disqualification; obligations during period; reinstatement. Page 10 (pdf)
    280.055 Cease and desist order; corrective order; administrative penalty. Page 11 (pdf)
    280.07 Mutual responsibility and contingent liability. Page 11 (pdf)
    280.08 Procedure for payment of losses. Page 12 (pdf)
    280.085 Notice to claimants. Page 13 (pdf)
    280.10 Effect of merger, acquisition, or consolidation; change of name or address. Page 13 (pdf)
    280.13 Eligible collateral. Page 15 (pdf)
    280.17 Requirements for public depositors; notice to public depositors and governmental units; loss of protection. Page 16 (pdf)
    331.309 Treasurer; depositories; fiscal agent. Page 31 (pdf)
    373.553 Treasurer of the board; payment of funds; depositories. Page 32 (pdf)
    631.221 Deposit of moneys collected. Page 32 (pdf)
    723.06115 Florida Mobile Home Relocation Trust Fund. Page 33 (pdf)

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