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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.

Effective Date: 1/1/2025
Last Action: 6/3/2024 - Chapter No. 2024-220
Bill Text: Web Page | PDF
Senate Committee References:
  1. Appropriations (AP)

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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
    5/21/2024 • Signed by Officers and presented to Governor
    5/31/2024 • Approved by Governor
    6/3/2024 • Chapter No. 2024-220

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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, refer to CS/SB 7054; companion bill(s) passed, see CS/SB 7054 (Ch. 2024-220)

    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, refer to CS/SB 7054; companion bill(s) passed, see CS/SB 7054 (Ch. 2024-220)

    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, refer to CS/SB 7054; companion bill(s) passed, see CS/SB 7054 (Ch. 2024-220)

    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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