The Florida Senate

CS/SB 7054: Private Activity Bonds

GENERAL BILL by Appropriations ; Community Affairs

Private Activity Bonds; Requiring the Division of Bond Finance of the State Board of Administration to annually determine the state volume limitation and publicize such information; repealing provisions relating to procedures for obtaining allocations, requirements, limitations on allocations, and issuance reports; establishing procedures for the issuance of private activity bonds; providing requirements for notices of intent to issue private activity bonds, etc.

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• Bill History

  Date	Chamber	Action
  2/1/2024	Senate	• Submitted for consideration by Community Affairs • On Committee agenda-- Community Affairs, 02/06/24, 3:00 pm, 401 Senate Building
  2/6/2024	Senate	• Submitted as Committee Bill and Reported Favorably by Community Affairs; YEAS 8 NAYS 0
  2/8/2024	Senate	• Filed • Referred to Appropriations • Introduced
  2/19/2024	Senate	• On Committee agenda-- Appropriations, 02/22/24, 12:00 pm, 110 Senate Building
  2/22/2024	Senate	• CS by- Appropriations; YEAS 16 NAYS 0
  2/26/2024	Senate	• Pending reference review -under Rule 4.7(2) - (Committee Substitute) • Placed on Calendar, on 2nd reading • Placed on Special Order Calendar, 02/28/24
  2/27/2024	Senate	• CS by Appropriations read 1st time
  2/28/2024	Senate	• Read 2nd time -SJ 494 • Read 3rd time -SJ 495 • CS passed; YEAS 39 NAYS 0 -SJ 495
  2/28/2024	House	• In Messages
  3/4/2024	House	• Bill referred to House Calendar • Bill added to Special Order Calendar (3/5/2024) • 1st Reading (Committee Substitute 1)
  3/5/2024	House	• Read 2nd time • Placed on 3rd reading • Added to Third Reading Calendar
  3/6/2024	House	• Read 3rd time • CS passed; YEAS 109, NAYS 1
  3/6/2024	Senate	• Ordered enrolled

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• CS/SB 7054, Enrolled (Current Bill Version) Posted 3/6/2024 at 5:55 PM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  H 7069	Private Activity Bonds	Ways & Means Committee	Similar	Last Action: 3/5/2024 H Laid on Table

  Citations - Statutes (31)

  Citation	Catchline	Location in Bill Location In Bill Help
  159.608	Powers of housing finance authorities.	Page 8 (pdf)
  159.802	Purpose.	Page 8 (pdf)
  159.803	Definitions.	Page 9 (pdf)
  159.804	Allocation of state volume limitation.	Page 13 (pdf)
  159.8041		Page 13 (pdf)
  159.805	Procedures for obtaining allocations; requirements; limitations on allocations; issuance reports.	Page 15 (pdf)
  159.8051		Page 15 (pdf)
  159.8052		Page 16 (pdf)
  159.8053		Page 21 (pdf)
  159.806	Regional allocation pools.	Page 22 (pdf)
  159.8061		Page 22 (pdf)
  159.8062		Page 26 (pdf)
  159.8063		Page 26 (pdf)
  159.807	State allocation pool.	Page 28 (pdf)
  159.8071		Page 28 (pdf)
  159.8075	Qualified mortgage credit certificates.	Page 29 (pdf)
  159.80751		Page 29 (pdf)
  159.8081	Manufacturing facility bond pool.	Page 30 (pdf)
  159.8083	Florida First Business allocation pool.	Page 30 (pdf)
  159.809	Recapture of unused amounts.	Page 30 (pdf)
  159.8091		Page 30 (pdf)
  159.81	Unused allocations; carryforwards.	Page 31 (pdf)
  159.8101		Page 31 (pdf)
  159.8105	Allocation of bonds for water and wastewater infrastructure projects.	Page 32 (pdf)
  159.811	Fees; trust fund.	Page 32 (pdf)
  159.812	Grandfather clause.	Page 32 (pdf)
  159.814	Form of applications for allocations; requirements.	Page 32 (pdf)
  159.815	Rules.	Page 34 (pdf)
  159.816	Certificate as to state volume limitation.	Page 34 (pdf)
  163.2520	Economic incentives.	Page 34 (pdf)
  420.504	Public corporation; creation, membership, terms, expenses.	Page 34 (pdf)

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• CS/SB 7054, Committee Substitute 1 Posted 2/26/2024 at 2:06 PM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  H 7069	Private Activity Bonds	Ways & Means Committee	Similar	Last Action: 3/5/2024 H Laid on Table

  Floor Votes (2)

  Date	Chamber	Result
  2/28/2024 11:16 AM	Senate	39 Yeas - 0 Nays
  3/6/2024 4:49 PM	House	109 Yeas - 1 Nays

  Citations - Statutes (31)

  Citation	Catchline	Location in Bill Location In Bill Help
  159.608	Powers of housing finance authorities.	Page 8 (pdf)
  159.802	Purpose.	Page 8 (pdf)
  159.803	Definitions.	Page 9 (pdf)
  159.804	Allocation of state volume limitation.	Page 13 (pdf)
  159.8041		Page 13 (pdf)
  159.805	Procedures for obtaining allocations; requirements; limitations on allocations; issuance reports.	Page 15 (pdf)
  159.8051		Page 15 (pdf)
  159.8052		Page 16 (pdf)
  159.8053		Page 21 (pdf)
  159.806	Regional allocation pools.	Page 22 (pdf)
  159.8061		Page 22 (pdf)
  159.8062		Page 26 (pdf)
  159.8063		Page 26 (pdf)
  159.807	State allocation pool.	Page 28 (pdf)
  159.8071		Page 28 (pdf)
  159.8075	Qualified mortgage credit certificates.	Page 29 (pdf)
  159.80751		Page 29 (pdf)
  159.8081	Manufacturing facility bond pool.	Page 30 (pdf)
  159.8083	Florida First Business allocation pool.	Page 30 (pdf)
  159.809	Recapture of unused amounts.	Page 30 (pdf)
  159.8091		Page 30 (pdf)
  159.81	Unused allocations; carryforwards.	Page 31 (pdf)
  159.8101		Page 31 (pdf)
  159.8105	Allocation of bonds for water and wastewater infrastructure projects.	Page 32 (pdf)
  159.811	Fees; trust fund.	Page 32 (pdf)
  159.812	Grandfather clause.	Page 32 (pdf)
  159.814	Form of applications for allocations; requirements.	Page 32 (pdf)
  159.815	Rules.	Page 34 (pdf)
  159.816	Certificate as to state volume limitation.	Page 34 (pdf)
  163.2520	Economic incentives.	Page 34 (pdf)
  420.504	Public corporation; creation, membership, terms, expenses.	Page 34 (pdf)

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• SB 7054, Original Filed Version Posted 2/8/2024 at 1:41 PM

  Bill Text:	Web Page | PDF

  Analyses:	Community Affairs (Post-Meeting) 2/8/2024 (pdf) Appropriations (Pre-Meeting) 2/21/2024 (pdf) Appropriations (Post-Meeting) 2/26/2024 (pdf)

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  H 7069	Private Activity Bonds	Ways & Means Committee	Similar	Last Action: 3/5/2024 H Laid on Table

  Committee Amendments (1)

  Amendment	Sponsor	Filed	Last Committee Action	Format
  531206 - Amendment Delete lines 658 - 673 and insert:	Appropriations (Calatayud)	2/21/2024 11:58 AM	Replaced by Committee Substitute 2/22/2024	Web Page PDF

  Committee Votes (1)

  Date	Committee	Result
  2/22/2024 12:00 PM	Appropriations	16 Yeas - 0 Nays

  Citations - Statutes (31)

  Citation	Catchline	Location in Bill Location In Bill Help
  159.608	Powers of housing finance authorities.	Page 8 (pdf)
  159.802	Purpose.	Page 8 (pdf)
  159.803	Definitions.	Page 9 (pdf)
  159.804	Allocation of state volume limitation.	Page 13 (pdf)
  159.8041		Page 13 (pdf)
  159.805	Procedures for obtaining allocations; requirements; limitations on allocations; issuance reports.	Page 15 (pdf)
  159.8051		Page 15 (pdf)
  159.8052		Page 16 (pdf)
  159.8053		Page 21 (pdf)
  159.806	Regional allocation pools.	Page 22 (pdf)
  159.8061		Page 22 (pdf)
  159.8062		Page 26 (pdf)
  159.8063		Page 26 (pdf)
  159.807	State allocation pool.	Page 28 (pdf)
  159.8071		Page 28 (pdf)
  159.8075	Qualified mortgage credit certificates.	Page 29 (pdf)
  159.80751		Page 29 (pdf)
  159.8081	Manufacturing facility bond pool.	Page 30 (pdf)
  159.8083	Florida First Business allocation pool.	Page 30 (pdf)
  159.809	Recapture of unused amounts.	Page 30 (pdf)
  159.8091		Page 30 (pdf)
  159.81	Unused allocations; carryforwards.	Page 31 (pdf)
  159.8101		Page 31 (pdf)
  159.8105	Allocation of bonds for water and wastewater infrastructure projects.	Page 32 (pdf)
  159.811	Fees; trust fund.	Page 32 (pdf)
  159.812	Grandfather clause.	Page 32 (pdf)
  159.814	Form of applications for allocations; requirements.	Page 32 (pdf)
  159.815	Rules.	Page 34 (pdf)
  159.816	Certificate as to state volume limitation.	Page 34 (pdf)
  163.2520	Economic incentives.	Page 34 (pdf)
  420.504	Public corporation; creation, membership, terms, expenses.	Page 34 (pdf)

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• SPB 7054, Proposed Bill Posted 2/1/2024 at 5:56 PM

  Bill Text:	Web Page | PDF

  Analyses:	Community Affairs (Pre-Meeting) 2/5/2024 (pdf)

  Committee Amendments (1)

  Amendment	Sponsor	Filed	Last Committee Action	Format
  104328 - Amendment Delete lines 676 - 843 and insert:	Community Affairs (Calatayud)	2/5/2024 1:13 PM	Favorable 2/8/2024	Web Page PDF

  Committee Votes (1)

  Date	Committee	Result
  2/6/2024 3:00 PM	Community Affairs	8 Yeas - 0 Nays

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