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Glossary of Legislative Terms

SB 1336: Interest on Trust Accounts

GENERAL BILL by Grall

Interest on Trust Accounts; Requiring the Chief Financial Officer to set the rate of interest payable by eligible institutions on interest on trust accounts quarterly, effective on specified dates; providing that the percentage yield of such rate may not exceed a specified threshold; requiring the Chief Financial Officer to inform Funding Florida Legal Aid of the rate established for the quarter; requiring that such institutions submit to Funding Florida Legal Aid a certain form promulgated by The Florida Bar, etc.

Effective Date: 7/1/2024
 Last Action: 3/8/2024 Senate - Died in Appropriations Committee on Agriculture, Environment, and General Government
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)


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Bill History

Date Chamber Action
1/4/2024 Senate • Filed
1/10/2024 Senate • Referred to Banking and Insurance; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
• Introduced
1/17/2024 Senate • On Committee agenda-- Banking and Insurance, 01/22/24, 4:00 pm, 412 Knott Building
1/22/2024 Senate • Favorable by Banking and Insurance; YEAS 8 NAYS 2
1/23/2024 Senate • Now in Appropriations Committee on Agriculture, Environment, and General Government
3/8/2024 Senate • Died in Appropriations Committee on Agriculture, Environment, and General Government