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: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
Last Action: 3/4/2025 House - 1st Reading (Original Filed Version)
Bill Text: PDF
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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
3/4/2025 House • 1st Reading (Original Filed Version)
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HB 173, Original Filed Version (Current Bill Version) Posted 1/15/2025 at 11:00 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 498 (c2) Trust Fund Interest for Purposes Approved by the Supreme Court Grall Similar Last Action: 4/2/2025 S CS/CS by Banking and Insurance read 1st time 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 655.97 Page 3 (pdf)