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CS/HB 717: Space Florida Financing

GENERAL BILL by Commerce Committee ; Sirois ; (CO-INTRODUCERS) Hill

Space Florida Financing; Specifies bonding provisions to which Space Florida is subject; revises powers of Space Florida; removes provisions regarding presentation of bond proposals to, & approval of bond issuance by, Governor & Cabinet; revises provisions relating to securing issuance of revenue bonds; repeals provisions relating to pledging assessments & other revenues & properties as additional security on bonds, issuance of bond anticipation notes, & short-term borrowing; revises provisions relating to lien of pledges; revises bond maturity date requirements; authorizes Space Florida to validate bonds pursuant to certain provisions.

Effective Date: 7/1/2020
Last Action: 6/29/2020 - Chapter No. 2020-105
Bill Text: PDF

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  • Bill History

    Date Chamber Action
    11/20/2019 House • Filed
    12/3/2019 House • Referred to Workforce Development and Tourism Subcommittee; Ways and Means Committee; Commerce Committee -HJ 58
    1/13/2020 House • On Committee agenda-- Workforce Development and Tourism Subcommittee, 01/15/20, 3:30 pm, 12 HOB
    1/14/2020 House • Introduced -HJ 58
    1/15/2020 House • Favorable by Workforce Development and Tourism Subcommittee; YEAS 14 NAYS 0 -HJ 392
    • Now in Ways and Means Committee -HJ 392
    1/23/2020 House • On Committee agenda-- Ways and Means Committee, 01/27/20, 3:30 pm, Morris Hall
    1/27/2020 House • Favorable by Ways and Means Committee; YEAS 15 NAYS 0 -HJ 447
    • Now in Commerce Committee -HJ 447
    2/4/2020 House • On Committee agenda-- Commerce Committee, 02/06/20, 9:00 am, Webster Hall
    2/6/2020 House • CS by- Commerce Committee; YEAS 20 NAYS 0 -HJ 526
    • Pending review of CS -under Rule 7.18(c)
    2/7/2020 House • Placed on Calendar -HJ 524
    • CS by Commerce Committee read 1st time -HJ 521
    2/20/2020 House • Placed on Special Order Calendar, 02/26/20
    2/26/2020 House • Read 2nd time -HJ 648
    • Read 3rd time -HJ 648
    • CS passed; YEAS 115 NAYS 0 -HJ 648
    3/3/2020 Senate • In Messages
    3/5/2020 Senate • Referred to Military and Veterans Affairs and Space; Appropriations Subcommittee on Transportation, Tourism, and Economic Development; Appropriations -SJ 470
    • Received -SJ 470
    3/11/2020 Senate • Withdrawn from Military and Veterans Affairs and Space; Appropriations Subcommittee on Transportation, Tourism, and Economic Development; Appropriations -SJ 696
    • Placed on Calendar, on 2nd reading
    • Substituted for CS/CS/SB 1070 -SJ 696
    • Read 2nd time -SJ 696
    • Placed on 3rd reading
    3/12/2020 Senate • Read 3rd time -SJ 730
    • CS passed; YEAS 39 NAYS 0 -SJ 730
    3/12/2020 House • Ordered enrolled -HJ 1171
    6/17/2020 • Signed by Officers and presented to Governor
    6/27/2020 • Approved by Governor
    6/29/2020 • Chapter No. 2020-105

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  • CS/HB 717, Enrolled (Current Bill Version) Posted 3/12/2020 at 12:00 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1070 (c2) Space Florida Wright Similar Last Action: 3/11/2020 S Laid on Table, companion bill(s) passed, see CS/HB 717 (Ch. 2020-105) -SJ 696

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    331.302 Space Florida; creation; purpose. Page 2 (pdf)
    331.303 Definitions. Page 2 (pdf)
    331.305 Powers of Space Florida. Page 2 (pdf)
    331.331 Revenue bonds. Page 3 (pdf)
    331.334 Pledging assessments and other revenues and properties as additional security on bonds. Page 4 (pdf)
    331.335 Lien of pledges. Page 4 (pdf)
    331.336 Issuance of bond anticipation notes. Page 4 (pdf)
    331.337 Short-term borrowing. Page 4 (pdf)
    331.340 Authorization and form of bonds. Page 4 (pdf)
    331.346 Validity of bonds; validation proceedings. Page 6 (pdf)

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  • CS/HB 717, Committee Substitute 1 Posted 2/6/2020 at 3:26 PM

    Bill Text:   PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1070 (c2) Space Florida Wright Similar Last Action: 3/11/2020 S Laid on Table, companion bill(s) passed, see CS/HB 717 (Ch. 2020-105) -SJ 696

    Floor Votes (2)

    Date Chamber Result
    2/26/2020 2:33 PM House 115 Yeas - 0 Nays
    3/12/2020 10:15 AM Senate 39 Yeas - 0 Nays

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    331.302 Space Florida; creation; purpose. Page 2 (pdf)
    331.303 Definitions. Page 2 (pdf)
    331.305 Powers of Space Florida. Page 2 (pdf)
    331.331 Revenue bonds. Page 3 (pdf)
    331.334 Pledging assessments and other revenues and properties as additional security on bonds. Page 4 (pdf)
    331.335 Lien of pledges. Page 4 (pdf)
    331.336 Issuance of bond anticipation notes. Page 4 (pdf)
    331.337 Short-term borrowing. Page 4 (pdf)
    331.340 Authorization and form of bonds. Page 4 (pdf)
    331.346 Validity of bonds; validation proceedings. Page 6 (pdf)

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  • HB 717, Original Filed Version Posted 11/20/2019 at 11:30 AM

    Bill Text:   PDF
    Analyses:   Workforce Development and Tourism Subcommittee (Post-Meeting) 6/30/2020 (pdf)
    Ways and Means Committee (Post-Meeting) 1/27/2020 (pdf)
    Commerce Committee (Post-Meeting) 2/6/2020 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    S 1070 (c1) Space Florida Wright Similar Last Action: 3/11/2020 S Laid on Table, companion bill(s) passed, see CS/HB 717 (Ch. 2020-105) -SJ 696

    Committee Amendments (2)

    Amendment Sponsor Filed Last Committee Action Format
    227027 - Amendment
    Remove line 49 and insert:
    Sirois 2/5/2020
    3:46 PM
    Adopted without Objection
    2/6/2020
    PDF
    416457 - Amendment
    Remove line 106 and insert:
    Sirois 2/5/2020
    4:03 PM
    Adopted without Objection
    2/6/2020
    PDF

    Citations - Statutes (10)

    Citation Catchline Location in Bill Location In Bill Help
    331.302 Space Florida; creation; purpose. Page 2 (pdf)
    331.303 Definitions. Page 2 (pdf)
    331.305 Powers of Space Florida. Page 2 (pdf)
    331.331 Revenue bonds. Page 3 (pdf)
    331.334 Pledging assessments and other revenues and properties as additional security on bonds. Page 4 (pdf)
    331.335 Lien of pledges. Page 4 (pdf)
    331.336 Issuance of bond anticipation notes. Page 4 (pdf)
    331.337 Short-term borrowing. Page 4 (pdf)
    331.340 Authorization and form of bonds. Page 4 (pdf)
    331.346 Validity of bonds; validation proceedings. Page 6 (pdf)

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