FL H0925 | 2022 | Regular Session

Status

Completed Legislative Action
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Passed on April 8 2022 - 100% progression
Action: 2022-04-08 - Chapter No. 2022-57
Text: Latest bill text (Enrolled) [PDF]

Summary

Requires recommended benchmark replacements selected or recommended by specified persons be benchmark replacements on United States dollar London Interbank Offered Rate (LIBOR) replacement date for contracts, securities, & instruments; requires fallback provisions in contracts, securities, & instruments providing specified benchmark replacements be disregarded & void; authorizes specified persons to select benchmark replacements; requires benchmark replacement conforming changes to become integral part of contracts, securities, & instruments; provides person is not liable for damages & is not subject to claims & requests for equitable relief under certain circumstances.

Tracking Information

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Title

Benchmark Replacements for London Interbank Offered Rate

Sponsors


Roll Calls

2022-03-02 - Senate - Senate: Third Reading RCS#14 (Y: 38 N: 0 NV: 1 Abs: 0) [PASS]
2022-02-24 - House - House: Third Reading RCS#594 (Y: 114 N: 0 NV: 5 Abs: 0) [PASS]
2022-02-01 - House - House Commerce Committee (Y: 21 N: 0 NV: 0 Abs: 3) [PASS]
2022-01-27 - House - House Civil Justice & Property Rights Subcommittee (Y: 16 N: 0 NV: 0 Abs: 2) [PASS]
2022-01-13 - House - House Insurance & Banking Subcommittee (Y: 15 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2022-04-08 Chapter No. 2022-57
2022-04-06 Approved by Governor
2022-03-28 Signed by Officers and presented to Governor
2022-03-02HouseOrdered enrolled
2022-03-02HouseIn Messages
2022-03-02SenateCS passed; YEAS 38 NAYS 0
2022-03-02SenateRead 3rd time
2022-03-02SenateRead 2nd time
2022-03-02SenateSubstituted for CS/SB 1246
2022-03-02SenatePlaced on Calendar, on 2nd reading
2022-03-02SenateWithdrawn from Rules
2022-02-28SenateReceived
2022-02-24SenateReferred to Rules
2022-02-24SenateIn Messages
2022-02-24HouseImmediately certified
2022-02-24HouseCS passed; YEAS 114, NAYS 0
2022-02-24HouseRead 3rd time
2022-02-22HouseAdded to Third Reading Calendar
2022-02-22HousePlaced on 3rd reading
2022-02-22HouseRead 2nd time
2022-02-17HouseBill added to Special Order Calendar (2/22/2022)
2022-02-01HouseAdded to Second Reading Calendar
2022-02-01HouseBill released to House Calendar
2022-02-01HouseReported out of Commerce Committee
2022-02-01HouseFavorable by Commerce Committee
2022-01-28HouseAdded to Commerce Committee agenda
2022-01-27HouseNow in Commerce Committee
2022-01-27HouseReported out of Civil Justice & Property Rights Subcommittee
2022-01-27HouseFavorable by Civil Justice & Property Rights Subcommittee
2022-01-25HouseAdded to Civil Justice & Property Rights Subcommittee agenda
2022-01-18HouseNow in Civil Justice & Property Rights Subcommittee
2022-01-18HouseReferred to Commerce Committee
2022-01-18HouseReferred to Civil Justice & Property Rights Subcommittee
2022-01-18House1st Reading (Committee Substitute 1)
2022-01-14HouseCS Filed
2022-01-14HouseLaid on Table under Rule 7.18(a)
2022-01-14HouseReported out of Insurance & Banking Subcommittee
2022-01-13HouseFavorable with CS by Insurance & Banking Subcommittee
2022-01-11House1st Reading (Original Filed Version)
2022-01-11HouseAdded to Insurance & Banking Subcommittee agenda
2022-01-03HouseNow in Insurance & Banking Subcommittee
2022-01-03HouseReferred to Commerce Committee
2022-01-03HouseReferred to Civil Justice & Property Rights Subcommittee
2022-01-03HouseReferred to Insurance & Banking Subcommittee
2021-12-15HouseFiled

Same As/Similar To

S1246 (Same As) 2022-03-02 - Laid on Table, refer to CS/HB 925
H639 (Similar To) 2021-12-15 - Withdrawn prior to introduction

Code Citations

ChapterArticleSectionCitation TypeStatute Text
68715Amended CodeSee Bill Text

Florida State Sources

TypeSource
Summaryhttps://www.flsenate.gov/Session/Bill/2022/925
Texthttps://www.flsenate.gov/Session/Bill/2022/925/BillText/Filed/PDF
Texthttps://www.flsenate.gov/Session/Bill/2022/925/BillText/c1/PDF
Texthttps://www.flsenate.gov/Session/Bill/2022/925/BillText/er/PDF
Amendmenthttps://www.flsenate.gov/Session/Bill/2022/925/Amendment/583907/PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925.IBS.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925a.IBS.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925b.CIV.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925c.CIV.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925d.COM.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925e.COM.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925z.IBS.PDF
Supplementhttps://www.flsenate.gov/Session/Bill/2022/925/Analyses/h0925z1.IBS.PDF
Roll Callhttps://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=62020&IsPCB=0&BillId=75654
Roll Callhttps://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=63674&IsPCB=0&BillId=75654
Roll Callhttps://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=64193&IsPCB=0&BillId=75654
Roll Callhttps://www.flsenate.gov/Session/Bill/2022/925/Vote/HouseVote_h00925c1594.PDF
Roll Callhttps://www.flsenate.gov/Session/Bill/2022/925/Vote/SenateVote_h00925c1014.PDF

Bill Comments

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