The Florida Senate

SB 498: Interest Rates Applicable to the Interest on Trust Accounts Program

GENERAL BILL by Grall

Interest Rates Applicable to the Interest on Trust Accounts Program; Requiring the Chief Financial Officer to establish quarterly two interest rate alternatives applicable to the Interest on Trust Accounts (IOTA) Program to determine interest paid to Funding Florida Legal Aid (FFLA) by participating financial institutions; requiring the Chief Financial Officer to inform FFLA of the rate alternatives established for each upcoming quarter, etc.

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• Bill History

  Date	Chamber	Action
  2/5/2025	Senate	• Filed

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• SB 498, Original Filed Version (Current Bill Version) Posted 2/5/2025 at 11:58 AM

  Bill Text:	Web Page | PDF

  Analyses:	None

  Related Bills (1)

  Bill Number	Subject	Filed By	Relationship	Last Action and Location	Track Bills
  H 173	Interest on Trust Accounts Program Interest Rates	Brackett	Similar	Last Action: 1/22/2025 H Now in Civil Justice & Claims Subcommittee

  Citations - Statutes (1)

  Citation	Catchline	Location in Bill Location In Bill Help
  655.97		Page 2 (pdf)

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