Florida Senate - 2012                        COMMITTEE AMENDMENT
       Bill No. SB 750
       
       
       
       
       
       
                                Barcode 767936                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  02/07/2012           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Education Pre-K - 12 (Bogdanoff) recommended
       the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 15 - 31
    4  and insert:
    5         1010.49 Form and denomination of bonds.—The district school
    6  board may prescribe the denomination of the bonds to be issued,
    7  and such bonds may be issued with or without interest coupons in
    8  the discretion of the board. The form of the bonds to be issued
    9  may be prescribed by the State Board of Education on the
   10  recommendation of the Department of Legal Affairs. The schedule
   11  of maturities of the proposed bonds shall be so arranged that
   12  the total payments required each year shall be as nearly equal
   13  as practicable. The schedule shall provide that all bonds are to
   14  be retired within a period of 30 20 years from the date of
   15  issuance unless a longer period is required and has been
   16  specifically approved by the Department of Education. All bonds
   17  issued under this section that bear interest in excess of 2.99
   18  percent shall be callable at the times and upon the on terms
   19  prescribed by the district school board beginning not later than
   20  10 years from the date of issuance.
   21  
   22  ================= T I T L E  A M E N D M E N T ================
   23         And the title is amended as follows:
   24         Delete lines 3 - 7
   25  and insert:
   26         revising the period for which bonds are to be retired;
   27         providing that all bonds are callable at times and
   28         upon terms prescribed by