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The Florida Senate

HB 1373: Public Depositories

GENERAL BILL by Grant, J.

Public Depositories; Specifies that assessments for qualifying improvements do not have priority over previously recorded liens; specifies information to be included in financing agreements; requires local governments to provide certain disclosures in finance agreements; requires lenders to include certain disclosures in loan agreements; authorizes property owner to cancel finance agreement within specified time period; revises terms applicable to Florida Security for Public Deposits Act to add credit unions to list of entities that may qualify as "qualified public depository"; revises evidence of insurance required to be submitted by public depositor to CFO.

Effective Date: 1/1/2018
Last Action: 5/5/2017 House - Died in Insurance and Banking Subcommittee
Bill Text: PDF



Bill History

Date Chamber Action
3/7/2017 House • Filed
• Introduced -HJ 139
3/10/2017 House • Referred to Insurance and Banking Subcommittee; Government Accountability Committee; Commerce Committee -HJ 351
3/23/2017 House • PCS on Committee agenda-- Insurance and Banking Subcommittee, 03/27/17, 12:30 pm, Sumner Hall --Not Considered
5/5/2017 House • Indefinitely postponed and withdrawn from consideration
• Died in Insurance and Banking Subcommittee