SB 1018: 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; specifying the losses against which certain solvent banks, savings banks, savings associations, and credit unions must guarantee public depositors; providing that a specified limit on securities eligible to be pledged as collateral applies to qualified public depositories, rather than to banks and savings associations, etc.
Last Action: 3/8/2024 Senate - Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 989 (Ch. 2024-140)
Bill Text: Web Page | PDF
- Banking and Insurance (BI)
- Appropriations Committee on Agriculture, Environment, and General Government (AEG)
- Fiscal Policy (FP)
Bill History
| Date | Chamber | Action |
|---|---|---|
| 12/19/2023 | Senate |
• Filed |
| 1/4/2024 | Senate |
• Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy |
| 1/9/2024 | Senate |
• Introduced |
| 3/8/2024 | Senate |
• Died in Banking and Insurance, companion bill(s) passed, see CS/CS/CS/HB 989 (Ch. 2024-140) |
Related Bills
| Bill Number | Subject | Filed By | Relationship | Last Action and Location | Track Bills |
|---|---|---|---|---|---|
| H 611 (c1) | Public Deposits | State Administration & Technology Appropriations Subcommittee | Similar | Last Action: 3/8/2024 S Died in Fiscal Policy, companion bill(s) passed, see CS/CS/CS/HB 989 (Ch. 2024-140) |
|
| H 989 (er) | Chief Financial Officer | Insurance & Banking Subcommittee | Compare | Last Action: 5/3/2024 Chapter No. 2024-140; companion bill(s) passed, see CS/CS/HB 939 (Ch. 2024-139) |
|
Committee Amendments
Floor Amendments
Bill Analyses
No Bill Analyses AvailableVote History - Committee
No Committee Vote History AvailableVote History - Floor
No Vote History AvailableCitations - Statutes (36)
| Citation | Catchline | Location in Bill Location In Bill Help |
|---|---|---|
| 17.57 | Deposits and investments of state money. | Page 20 (pdf) |
| 17.68 | Financial Literacy Program for Individuals with Developmental Disabilities. | Page 3 (pdf) |
| 24.114 | Bank deposits and control of lottery transactions. | Page 20 (pdf) |
| 125.901 | Children’s services; independent special district; council; powers, duties, and functions; public records exemption. | Page 21 (pdf) |
| 136.01 | County depositories. | Page 22 (pdf) |
| 159.608 | Powers of housing finance authorities. | Page 23 (pdf) |
| 175.301 | Depository for pension funds. | Page 24 (pdf) |
| 175.401 | Retiree health insurance subsidy. | Page 24 (pdf) |
| 185.30 | Depository for retirement fund. | Page 25 (pdf) |
| 185.50 | Retiree health insurance subsidy. | Page 26 (pdf) |
| 190.007 | Board of supervisors; general duties. | Page 27 (pdf) |
| 191.006 | General powers. | Page 28 (pdf) |
| 215.34 | State funds; noncollectible items; procedure. | Page 28 (pdf) |
| 218.415 | Local government investment policies. | Page 29 (pdf) |
| 255.502 | Definitions; ss. 255.501-255.525. | Page 31 (pdf) |
| 280.02 | Definitions. | Page 4 (pdf) |
| 280.025 | Attestation required. | Page 8 (pdf) |
| 280.03 | Public deposits to be secured; prohibitions; exemptions. | Page 8 (pdf) |
| 280.042 | Page 8 (pdf) | |
| 280.05 | Powers and duties of the Chief Financial Officer. | Page 10 (pdf) |
| 280.051 | Grounds for suspension or disqualification of a qualified public depository. | Page 31 (pdf) |
| 280.052 | Order of suspension or disqualification; procedure. | Page 10 (pdf) |
| 280.053 | Period of suspension or disqualification; obligations during period; reinstatement. | Page 11 (pdf) |
| 280.055 | Cease and desist order; corrective order; administrative penalty. | Page 11 (pdf) |
| 280.07 | Mutual responsibility and contingent liability. | Page 13 (pdf) |
| 280.08 | Procedure for payment of losses. | Page 13 (pdf) |
| 280.085 | Notice to claimants. | Page 15 (pdf) |
| 280.09 | Public Deposits Trust Fund. | Page 15 (pdf) |
| 280.10 | Effect of merger, acquisition, or consolidation; change of name or address. | Page 16 (pdf) |
| 280.13 | Eligible collateral. | Page 18 (pdf) |
| 280.17 | Requirements for public depositors; notice to public depositors and governmental units; loss of protection. | Page 19 (pdf) |
| 280.18 | Protection of public depositors; liability of the state. | Page 32 (pdf) |
| 331.309 | Treasurer; depositories; fiscal agent. | Page 32 (pdf) |
| 373.553 | Treasurer of the board; payment of funds; depositories. | Page 33 (pdf) |
| 631.221 | Deposit of moneys collected. | Page 33 (pdf) |
| 723.06115 | Florida Mobile Home Relocation Trust Fund. | Page 34 (pdf) |
Citations - Constitution (0)
No Constitutional citations.
Citations - Chapter Law (0)
No Chapter Law citations.
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Linked bill
A bill that is contingent upon passage of another bill within the same chamber, e.g., a trust fund bill, a bill providing a public record exemption, or an implementing bill.
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