Florida Senate - 2011 SB 770 By Senator Siplin 19-00567-11 2011770__ 1 A bill to be entitled 2 An act relating to unclaimed deposits held by 3 utilities; amending s. 717.108, F.S.; requiring that 4 any unclaimed deposits held by a utility be deposited 5 into the Energy Affordability Trust Fund within the 6 Department of Community Affairs for the purpose of 7 supplementing the Low Income Home Energy Assistance 8 Program; providing a contingent effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Section 717.108, Florida Statutes, is amended to 13 read: 14 717.108 Deposits held by utilities.—Any deposit, including 15 any interest thereon, made by a subscriber with a utility to 16 secure payment or any sum paid in advance for utility services 17 to be furnished, less any lawful charges, that remains unclaimed 18 by the owner for more than 1 year after termination of the 19 services for which the deposit or advance payment was made is 20 presumed unclaimed. The unclaimed deposits shall be deposited 21 into the Energy Affordability Trust Fund within the Department 22 of Community Affairs for the purpose of supplementing the Low 23 Income Home Energy Assistance Program. 24 Section 2. This act shall take effect July 1, 2011, if SB 25 ___ or similar legislation takes effect, if such legislation is 26 enacted in the same legislative session, or an extension 27 thereof, and becomes law.