SENATE AMENDMENT

    Bill No. SB 436, 1st Eng.

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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11  Senator Hargrett moved the following amendment:

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13         Senate Amendment (with title amendment) 

14         On page 19, between lines 22 and 23,

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16  insert:

17         Section 10.  Subsection (2) of section 190.004(2),

18  Florida Statutes is amended to read:

19         190.004  Preemption; sole authority.--

20         (2)  The adoption of chapter 84-360, Laws of Florida

21  This act does not affect the validity of the establishment of

22  any community development district or other special district

23  existing on June 29, 1984; and existing community development

24  districts will continue to be subject to the provisions of

25  chapter 80-407, Laws of Florida 190, as amended.  All actions

26  taken prior to July 1, 2000, by a community development

27  district existing on June 29, 1984, if taken pursuant to the

28  authority contained in chapter 80-407 or this chapter are

29  hereby deemed to have adequate statutory authority.

30         Nothing herein shall affect the validity of any

31  outstanding indebtedness of a community development district

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                                                  SENATE AMENDMENT

    Bill No. SB 436, 1st Eng.

    Amendment No.    





 1  established prior to June 29, 1984, and such district is

 2  hereby authorized to continue to comply with all terms and

 3  requirements of trust indentures or loan agreements relating

 4  to such outstanding indebtedness.

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 6  (Redesignate subsequent sections.)

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 9  ================ T I T L E   A M E N D M E N T ===============

10  And the title is amended as follows:

11         On page 3, line 1, delete that line

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13  and insert:

14         amending 190.004(2) to modify the preemption

15         relating to Community Development Districts;

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