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The Florida Senate

HB 441: Capital Formation for Infrastructure Projects

GENERAL BILL by Ray

Capital Formation for Infrastructure Projects; Includes infrastructure funding in legislative findings & intent relating to need for seed capital & venture equity capital for emerging companies; provides for Florida Opportunity Fund to facilitate creation of private, for-profit limited partnership or limited liability partnership & provides duties, requirements, procedures, & applicability thereto; provides for creation of state beneficiary public trust & duties, requirements, procedures, & applicability thereto; provides for issuance of contingent state bonds by DOR & exempts such bonds from specified securities transaction regulation; authorizes DOR to share information regarding such bonds.

Effective Date: 7/1/2016
Last Action: 3/11/2016 House - Died in Economic Development and Tourism Subcommittee
Bill Text: PDF



Bill History

Date Chamber Action
10/26/2015 House • Filed
11/5/2015 House • Referred to Economic Development and Tourism Subcommittee; Appropriations Committee; Economic Affairs Committee -HJ 39
1/12/2016 House • Introduced -HJ 38
3/11/2016 House • Died in Economic Development and Tourism Subcommittee