HB 639: Benchmark Replacements for London Interbank Offered Rate
GENERAL BILL by Stevenson
Benchmark Replacements for London Interbank Offered Rate; Requires recommended benchmark replacements selected by specified persons be benchmark replacements on U.S. Dollar London Interbank Offered Rate (LIBOR) replacement date for contracts, securities, & instruments for business organizations, Florida Insurance Code, financial institutions, Uniform Commercial Code, real & personal property conveyance of land & declarations of trust, & real & personal property mortgages; authorizes specified persons to select recommended benchmark replacements; provides requirements for benchmark replacements; provides person is not liable for damages & is not subject to claims & requests for equitable relief.
Effective Date: upon becoming a law
Last Action: 12/15/2021 House - Withdrawn prior to introduction; companion bill(s) passed, see CS/HB 925 (Ch. 2022-57)
Bill Text: PDF
Last Action: 12/15/2021 House - Withdrawn prior to introduction; companion bill(s) passed, see CS/HB 925 (Ch. 2022-57)
Bill Text: PDF
Bill History
| Date | Chamber | Action |
|---|---|---|
| 11/17/2021 | House |
• Filed |
| 12/6/2021 | House |
• Referred to Insurance & Banking Subcommittee • Referred to Civil Justice & Property Rights Subcommittee • Referred to Commerce Committee • Now in Insurance & Banking Subcommittee |
| 12/15/2021 | House |
• Withdrawn prior to introduction; companion bill(s) passed, see CS/HB 925 (Ch. 2022-57) |
