HB 173: Interest on Trust Accounts Program Interest Rates
GENERAL BILL by Brackett
Interest on Trust Accounts Program Interest Rates ; Requires CFO to establish quarterly two interest rate alternatives applicable to Interest on Trust Accounts (IOTA) Program to determine interest paid to Funding Florida Legal Aid (FFLA) by participating financial institutions; requires such institutions to select one of two rate alternatives annually; requires that each rate alternative be set at specified rate; requires CFO to inform FFLA of rate alternatives established for each upcoming quarter; provides applicability.
Effective Date: 7/1/2025
Last Action: 1/22/2025 House - Now in Civil Justice & Claims Subcommittee
Bill Text: PDF
Last Action: 1/22/2025 House - Now in Civil Justice & Claims Subcommittee
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 1/15/2025 | House |
• Filed |
| 1/22/2025 | House |
• Referred to Civil Justice & Claims Subcommittee • Referred to Insurance & Banking Subcommittee • Referred to Judiciary Committee • Now in Civil Justice & Claims Subcommittee |
