CS/SB 564: Security for Public Deposits
GENERAL BILL by Banking and Insurance ; Richter
Security for Public Deposits; Clarifying provisions relating to public deposits that are exempt from state security requirements; providing that a notice of the default or insolvency of a qualified public depository is not required if the Florida public deposits are acquired by a bank, savings bank, or savings association; providing that a bank, savings bank, or savings association that is not a qualified public depository and acquires Florida public deposits is subject to certain requirements; providing that a protection from loss is effective when a public depositor does not comply with certain provisions under specified circumstances, etc.
Effective Date: 7/1/2014
Last Action: 4/23/2014 Senate - Laid on Table, companion bill(s) passed, see HB 7009 (Ch. 2014-145) -SJ 533
Bill Text: Web Page | PDF
Last Action: 4/23/2014 Senate - Laid on Table, companion bill(s) passed, see HB 7009 (Ch. 2014-145) -SJ 533
Bill Text: Web Page | PDF
Senate Committee References:
- Banking and Insurance (BI)
- Appropriations Subcommittee on General Government (AGG)
- Appropriations (AP)
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Bill History
Date Chamber Action 12/20/2013 Senate • Filed
1/10/2014 Senate • Referred to Banking and Insurance; Appropriations Subcommittee on General Government; Appropriations -SJ 47
2/3/2014 Senate • On Committee agenda-- Banking and Insurance, 02/11/14, 2:00 pm, 110 Senate Office Building
2/11/2014 Senate • CS by Banking and Insurance; YEAS 12 NAYS 0 -SJ 137
2/12/2014 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
2/13/2014 Senate • Now in Appropriations Subcommittee on General Government -SJ 137
2/28/2014 Senate • On Committee agenda-- Appropriations Subcommittee on General Government, 03/05/14, 11:00 am, 110 Senate Office Building
3/4/2014 Senate • Introduced -SJ 47
• CS by Banking and Insurance read 1st time -SJ 127
3/5/2014 Senate • Subcommittee Recommendation: Favorable by Appropriations Subcommittee on General Government; YEAS 13 NAYS 0 -SJ 207
• Now in Appropriations -SJ 207
4/7/2014 Senate • On Committee agenda-- Appropriations, 04/10/14, 1:00 pm, 412 Knott Building
4/10/2014 Senate • Favorable by- Appropriations; YEAS 18 NAYS 0 -SJ 510
4/11/2014 Senate • Placed on Calendar, on 2nd reading -SJ 510
• Placed on Special Order Calendar, 04/23/14
4/23/2014 Senate • Read 2nd time -SJ 533
• Substituted HB 7009 -SJ 533
• Laid on Table, companion bill(s) passed, see HB 7009 (Ch. 2014-145) -SJ 533
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CS/SB 564, Committee Substitute 1 (Current Bill Version) Posted 4/18/2014 at 1:24 PM
Bill Text: Web Page | PDF Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7009 (er) Security for Public Deposits Insurance and Banking Subcommittee Similar Last Action: 6/13/2014 Chapter No. 2014-145
Location: Became Law
Committee Votes (2)
Date Committee Result 3/5/2014 11:00 AM Appropriations Subcommittee on General Government 13 Yeas - 0 Nays 4/10/2014 1:00 PM Appropriations 18 Yeas - 0 Nays Citations - Statutes (11)
Citation Catchline Location in Bill Location In Bill Help 280.02 Definitions. Page 2 (pdf) 280.03 Public deposits to be secured; prohibitions; exemptions. Page 8 (pdf) 280.04 Collateral for public deposits; general provisions. Page 8 (pdf) 280.05 Powers and duties of the Chief Financial Officer. Page 10 (pdf) 280.051 Grounds for suspension or disqualification of a qualified public depository. Page 11 (pdf) 280.071 Qualified Public Depository Oversight Board; purpose; identifying representative qualified public depositories; member selection; responsibilities. Page 12 (pdf) 280.085 Notice to claimants. Page 12 (pdf) 280.10 Effect of merger, acquisition, or consolidation; change of name or address. Page 13 (pdf) 280.11 Withdrawal from public deposits program; return of pledged collateral. Page 13 (pdf) 280.16 Requirements of qualified public depositories; confidentiality. Page 14 (pdf) 280.17 Requirements for public depositors; notice to public depositors and governmental units; loss of protection. Page 16 (pdf) -
SB 564, Original Filed Version Posted 12/20/2013 at 3:13 PM
Bill Text: Web Page | PDF Analyses: Banking and Insurance (Pre-Meeting) 2/10/2014 (pdf)
Banking and Insurance (Post-Meeting) 2/12/2014 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills H 7009 Security for Public Deposits Insurance and Banking Subcommittee Similar Last Action: 6/13/2014 Chapter No. 2014-145
Location: Became Law
Committee Amendments (2)
Amendment Sponsor Filed Last Committee Action Format 161010 - Amendment
Delete line 346 and insert:Banking and Insurance
(Richter)2/7/2014
1:15 PMReplaced by Committee Substitute
2/11/2014Web Page
PDF253364 - Amendment
Delete lines 360 - 365 and insert:Banking and Insurance
(Richter)2/7/2014
1:15 PMReplaced by Committee Substitute
2/11/2014Web Page
PDFCommittee Votes (1)
Date Committee Result 2/11/2014 2:00 PM Banking and Insurance 12 Yeas - 0 Nays Citations - Statutes (11)
Citation Catchline Location in Bill Location In Bill Help 280.02 Definitions. Page 2 (pdf) 280.03 Public deposits to be secured; prohibitions; exemptions. Page 8 (pdf) 280.04 Collateral for public deposits; general provisions. Page 8 (pdf) 280.05 Powers and duties of the Chief Financial Officer. Page 10 (pdf) 280.051 Grounds for suspension or disqualification of a qualified public depository. Page 11 (pdf) 280.071 Qualified Public Depository Oversight Board; purpose; identifying representative qualified public depositories; member selection; responsibilities. Page 12 (pdf) 280.085 Notice to claimants. Page 12 (pdf) 280.10 Effect of merger, acquisition, or consolidation; change of name or address. Page 13 (pdf) 280.11 Withdrawal from public deposits program; return of pledged collateral. Page 13 (pdf) 280.16 Requirements of qualified public depositories; confidentiality. Page 14 (pdf) 280.17 Requirements for public depositors; notice to public depositors and governmental units; loss of protection. Page 16 (pdf)