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SB 1258: Florida Security for Public Deposits Act

GENERAL BILL by Hutson

Florida Security for Public Deposits Act; Specifying conditions that must be met before the Chief Financial Officer may designate a credit union as a qualified public depository; specifying the mutual responsibility and contingent liability of certain credit unions designated as qualified public depositories; requiring the Chief Financial Officer, in administering the Public Deposits Trust Fund, to segregate and separately account for certain proceeds, assessments, or penalties attributable to a credit union from those attributable to a bank, savings bank, or savings association, etc.

Effective Date: 7/1/2019
Last Action: 3/10/2018 Senate - Died in Banking and Insurance
Bill Text: Web Page | PDF
Senate Committee References:
  1. Banking and Insurance (BI)
  2. Rules (RC)



Bill History

Date Chamber Action
12/14/2017 Senate • Filed
1/11/2018 Senate • Referred to Banking and Insurance; Rules -SJ 146
• Introduced -SJ 145
3/10/2018 Senate • Indefinitely postponed and withdrawn from consideration
• Died in Banking and Insurance