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The Florida Senate

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

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  • SB 1336, Original Filed Version (Current Bill Version) Posted 1/4/2024 at 1:19 PM

    Bill Text:   Web Page | PDF
    Analyses:   Banking and Insurance (Pre-Meeting) 1/22/2024 (pdf)
    Banking and Insurance (Post-Meeting) 1/23/2024 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1253 Interest on Trust Accounts Brackett Identical Last Action: 3/8/2024 H Died in Insurance & Banking Subcommittee

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    878516 - Amendment
    Delete lines 40 - 50.
    Banking and Insurance
    (Thompson)
    1/19/2024
    2:12 PM
    Unfavorable
    1/23/2024
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/22/2024 4:00 PM Banking and Insurance 8 Yeas - 2 Nays

    Citations - Statutes (1)

    Citation Catchline Location in Bill Location In Bill Help
    655.97 Page 1 (pdf)

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