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The Florida Senate

HB 625: Security for Public Deposits

GENERAL BILL by Bean ; (CO-INTRODUCERS) Kendrick

Security for Public Deposits; revises provisions requiring collateral for public deposits; prohibits qualified public depository from acting as its own custodian; authorizes custodian to withdraw as custodian under certain circumstances; clarifies grounds for suspension or disqualification of qualified public depository; provides for deposit of draws on letters of credit into Public Deposits Trust Fund, etc. Amends Ch. 280; creates 280.071.

Effective Date: 10/01/2001 except as otherwise provided
Last Action: 6/13/2001 - Approved by Governor; Chapter No. 2001-230
Bill Text: Web Page | PDF



Bill History

Date Chamber Action
2/21/2001 House • Prefiled
3/2/2001 House • Referred to State Administration (SGC); Banking (CCC); Council for Smarter Government
3/6/2001 House • Introduced, referred to State Administration (SGC); Banking (CCC); Council for Smarter Government -HJ 00054
3/27/2001 House • On Committee agenda-- State Administration (SGC), 03/29/01, 9:30 am, 306-H
3/29/2001 House • Favorable with 1 amendment(s) by State Administration (SGC); YEAS 5 NAYS 0 -HJ 00414
3/30/2001 House • Now in Banking (CCC) -HJ 00414
4/2/2001 House • On Committee agenda-- Banking (CCC), 04/04/01, 10:15 am, 214-C
4/4/2001 House • Favorable by Banking (CCC); YEAS 7 NAYS 0 -HJ 00505
4/5/2001 House • Now in Council for Smarter Government -HJ 00505
4/16/2001 House • On Council agenda-- Council for Smarter Government, 04/18/01, 1:00 pm, Morris Hall
4/18/2001 House • Favorable by- Council for Smarter Government; YEAS 11 NAYS 0 -HJ 00659
4/24/2001 House • Placed on Calendar, on second reading -HJ 00659
4/26/2001 House • Placed on Special Order Calendar; Retained on Calendar
4/27/2001 House • Placed on Special Order Calendar; Read second time -HJ 01319; Amendment(s) adopted -HJ 01319
5/1/2001 House • Read third time -HJ 01518; Passed as amended; YEAS 115 NAYS 0 -HJ 01519
5/1/2001 Senate • In Messages
5/2/2001 Senate • Received, referred to Banking and Insurance; Governmental Oversight and Productivity; Appropriations Subcommittee on General Government; Appropriations -SJ 00956
5/3/2001 Senate • Withdrawn from Banking and Insurance; Governmental Oversight and Productivity; Appropriations Subcommittee on General Government; Appropriations -SJ 01113; Substituted for CS/SB 1670 -SJ 01114; Read second time -SJ 01114
5/4/2001 Senate • Read third time -SJ 01514; Passed; YEAS 38 NAYS 0 -SJ 01514
5/4/2001 House • Ordered enrolled -HJ 02593
5/30/2001 • Signed by Officers and presented to Governor
6/13/2001 • Approved by Governor; Chapter No. 2001-230