HB 807

A bill to be entitled
2An act relating to unclaimed deposits held by utilities;
3amending s. 717.108, F.S.; requiring that any unclaimed
4deposits held by a utility be deposited into the Energy
5Affordability Trust Fund within the Department of
6Community Affairs for the purpose of supplementing the Low
7Income Home Energy Assistance Program; providing a
8contingent effective date.
10Be It Enacted by the Legislature of the State of Florida:
12     Section 1.  Section 717.108, Florida Statutes, is amended
13to read:
14     717.108  Deposits held by utilities.-Any deposit, including
15any interest thereon, made by a subscriber with a utility to
16secure payment or any sum paid in advance for utility services
17to be furnished, less any lawful charges, that remains unclaimed
18by the owner for more than 1 year after termination of the
19services for which the deposit or advance payment was made is
20presumed unclaimed. The unclaimed deposits shall be deposited
21into the Energy Affordability Trust Fund within the Department
22of Community Affairs for the purpose of supplementing the Low
23Income Home Energy Assistance Program.
24     Section 2.  This act shall take effect July 1, 2011, if HB
25809 or similar legislation takes effect, if such legislation is
26enacted in the same legislative session, or an extension
27thereof, and becomes law.

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