SENATE AMENDMENT
Bill No. CS for SB 4-C
Amendment No. ___ Barcode 422138
CHAMBER ACTION
Senate House
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11 Senator Klein moved the following amendment:
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13 Senate Amendment (with title amendment)
14 On page 7, between lines 26 and 27,
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17 Section 9. The State Board of Administration or any
18 other board operating under the authority of the state of
19 Florida, or any state agency that has the authority to issue
20 bonds, shall refinance any outstanding bonds of this state if
21 there is opportunity to reduce the interest rate to maximize
22 the cash flow benefit to the state. Any issuing authority
23 shall report to the Legislature on a quarterly basis all bond
24 issuance and refunding activities of the preceding quarter.
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26 (Redesignate subsequent sections.)
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30 And the title is amended as follows:
31 On page 1, line 26, after the semicolon,
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SENATE AMENDMENT
Bill No. CS for SB 4-C
Amendment No. ___ Barcode 422138
1 insert:
2 requiring the State Board of Administration and
3 boards operating under the authority of the
4 state to refinance certain bonds; requiring a
5 report to the Legislature;
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