The Florida Senate

216.3505  Refinancing of bonds.--The Division of Bond Finance of the State Board of Administration is hereby authorized to refinance any or all bonds previously issued pursuant to the provisions of s. 11(d), Art. VII of the State Constitution, and all projects that have been built or are scheduled to be built with the proceeds of bonds previously issued pursuant to the provisions of s. 11(d), Art. VII of the State Constitution are hereby approved in accordance with the provisions of ¹s. 11(e), Art. VII of the State Constitution for the purposes of one or more refinancings of any or all of such bonds as may be determined by the Division of Bond Finance. The bonds authorized to be issued shall not be counted towards any statutory limit on the dollar amount of bonds which may be issued for any bond program.

History.--s. 14, ch. 95-396.

¹Note.--Paragraph 11(e), Art. VII, State Constitution, was redesignated as paragraph 11(f) to conform to the addition of a new paragraph 11(e) by Revision No. 5 (1998).