Senate Bill 2012

CODING: Words stricken are deletions; words underlined are additions.



    Florida Senate - 2000                                  SB 2012

    By Senator Silver





    38-1389-00

  1                      A bill to be entitled

  2         An act relating to health facilities

  3         authorities; creating s. 154.247, F.S.;

  4         authorizing authorities to issue bonds to

  5         finance projects for health facilities or

  6         not-for-profit corporations under their common

  7         control outside the geographical limits of the

  8         local agency or outside the state; providing an

  9         effective date.

10

11  Be It Enacted by the Legislature of the State of Florida:

12

13         Section 1.  Section 154.247, Florida Statutes, is

14  created to read:

15         154.247  Financing of projects located outside of local

16  agency.--Notwithstanding any provision of this part to the

17  contrary, an authority may, if it finds that there will be a

18  benefit or a cost savings to a health facility located within

19  its jurisdiction, issue bonds for such health facility to

20  finance projects for such health facility, or for another

21  not-for-profit corporation under common control with such

22  health facility, located outside the geographical limits of

23  the local agency or outside this state.

24         Section 2.  This act shall take effect July 1, 2000.

25

26            *****************************************

27                          SENATE SUMMARY

28    Authorizes health facilities authorities to issue bonds
      to finance projects for health facilities or
29    not-for-profit corporations under their common control
      located outside the geographical limits of the local
30    agency or outside the state.

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