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CS/SB 226: Capital Formation for Infrastructure Projects

GENERAL BILL by Commerce and Tourism ; Ring

Capital Formation for Infrastructure Projects; Modifying legislative findings and intent relating to the need for seed capital and venture equity capital to include infrastructure funding; creating the Florida Infrastructure Fund Partnership as a private, for-profit limited partnership or limited liability partnership; requiring the Florida Development Finance Corporation to issue contingent state revenue bonds to investment partners in the Florida Infrastructure Fund Partnership; providing that contingent state revenue bonds become an obligation to the state by the partnership in certain circumstances, etc.

Effective Date: 7/1/2016
Last Action: 3/11/2016 Senate - Died in Finance and Tax
Bill Text: Web Page | PDF
Senate Committee References:
  1. Commerce and Tourism (CM)
  2. Finance and Tax (FT)
  3. Appropriations (AP)

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  • Bill History

    Date Chamber Action
    9/3/2015 Senate • Filed
    9/15/2015 Senate • Referred to Commerce and Tourism; Finance and Tax; Appropriations -SJ 19
    11/23/2015 Senate • On Committee agenda-- Commerce and Tourism, 12/01/15, 10:00 am, 110 Senate Office Building --Discussed/Workshop
    1/12/2016 Senate • Introduced -SJ 19
    1/14/2016 Senate • On Committee agenda-- Commerce and Tourism, 01/19/16, 1:30 pm, 110 Senate Office Building
    1/19/2016 Senate • CS by Commerce and Tourism; YEAS 5 NAYS 2 -SJ 239
    1/21/2016 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
    • Now in Finance and Tax -SJ 239
    • CS by Commerce and Tourism read 1st time -SJ 239
    3/11/2016 Senate • Died in Finance and Tax

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  • CS/SB 226, Committee Substitute 1 (Current Bill Version) Posted 1/21/2016 at 3:11 PM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 441 Capital Formation for Infrastructure Projects Ray Similar Last Action: 3/11/2016 H Died in Economic Development and Tourism Subcommittee
    Location: In committee/council (EDTS)

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing. Page 14 (pdf)
    288.9621 Short title. Page 4 (pdf)
    288.9622 Findings and intent. Page 4 (pdf)
    288.9623 Definitions. Page 5 (pdf)
    288.9628 Page 6 (pdf)
    288.9629 Page 10 (pdf)

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  • SB 226, Original Filed Version Posted 9/3/2015 at 3:12 PM

    Bill Text:   Web Page | PDF
    Analyses:   Commerce and Tourism (Pre-Meeting) 1/15/2016 (pdf)
    Commerce and Tourism (Post-Meeting) 1/21/2016 (pdf)

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 441 Capital Formation for Infrastructure Projects Ray Identical Last Action: 3/11/2016 H Died in Economic Development and Tourism Subcommittee
    Location: In committee/council (EDTS)

    Committee Amendments (1)

    Amendment Sponsor Filed Last Committee Action Format
    174274 - Amendment
    Delete lines 95 - 417 and insert:
    Commerce and Tourism
    (Ring)
    1/15/2016
    1:46 PM
    Replaced by Committee Substitute
    1/20/2016
    Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    1/19/2016 1:30 PM Commerce and Tourism 5 Yeas - 2 Nays

    Citations - Statutes (6)

    Citation Catchline Location in Bill Location In Bill Help
    213.053 Confidentiality and information sharing. Page 15 (pdf)
    288.9621 Short title. Page 4 (pdf)
    288.9622 Findings and intent. Page 4 (pdf)
    288.9623 Definitions. Page 5 (pdf)
    288.9628 Page 6 (pdf)
    288.9629 Page 10 (pdf)

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