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The Florida Senate

SB 1360: Public Deposits

GENERAL BILL by Ingoglia

Public Deposits; Adding credit unions to a list of financial institutions that are eligible to be qualified public depositories; authorizing the Chief Financial Officer to limit the amount of public deposits a credit union may hold; specifying the losses against which certain solvent banks, savings banks, savings associations, and credit unions must guarantee public depositors; requiring the Chief Financial Officer to segregate and separately account for proceeds, assessments, and administrative penalties attributable to a credit union from those attributable to other specified financial institutions, etc.

Effective Date: 7/1/2023
Last Action: 5/5/2023 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)



Bill History

Date Chamber Action
3/1/2023 Senate • Filed
3/6/2023 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
3/7/2023 Senate • Introduced
5/5/2023 Senate • Died in Banking and Insurance