Florida House Bill 987 (Prior Session Legislation)

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 21 2023 - 25% progression, died in chamber
Action: 2023-05-05 - Died on Second Reading Calendar
Text: Latest bill text (Introduced) [PDF]

Provides requirements for credit unions that are qualified public depositories; provides that public deposits in credit unions by specified trust departments or trust companies are exempt from certain requirements & protection; prohibits CFO from designating credit unions as qualified public depositories unless certain requirements are met; requires CFO to withdraw from specified collateral agreements under certain circumstances; prohibits credit unions from being designated as qualified public depositories if CFO withdraws from collateral agreements; requires specified credit unions to return all public deposits in credit unions within specified timeframe; authorizes CFO to limit amount of public deposits in credit unions for specified purpose; provides requirements for suspension or disqualification of credit unions as qualified public depositories; authorizes CFO to issue cease & desist order & corrective order to credit unions upon certain determinations.

Public Deposits

Rep. Adam Botana [R]

2023-04-17 - House - House Commerce Committee (Y: 15 N: 3 NV: 0 Abs: 3) [PASS]
2023-04-12 - House - House State Administration & Technology Appropriations Subcommittee (Y: 11 N: 4 NV: 0 Abs: 1) [PASS]
2023-03-14 - House - House Insurance & Banking Subcommittee (Y: 12 N: 5 NV: 0 Abs: 1) [PASS]

Date	Chamber	Action
2023-05-05	House	Died on Second Reading Calendar
2023-04-18	House	Added to Second Reading Calendar
2023-04-18	House	Bill released to House Calendar
2023-04-18	House	Reported out of Commerce Committee
2023-04-18	House	Favorable by Commerce Committee
2023-04-13	House	Added to Commerce Committee agenda
2023-04-12	House	Now in Commerce Committee
2023-04-12	House	Reported out of State Administration & Technology Appropriations Subcommittee
2023-04-12	House	Favorable by State Administration & Technology Appropriations Subcommittee
2023-04-10	House	Added to State Administration & Technology Appropriations Subcommittee agenda
2023-03-15	House	Now in State Administration & Technology Appropriations Subcommittee
2023-03-15	House	Reported out of Insurance & Banking Subcommittee
2023-03-14	House	Favorable by Insurance & Banking Subcommittee
2023-03-10	House	Added to Insurance & Banking Subcommittee agenda
2023-03-07	House	1st Reading (Original Filed Version)
2023-02-28	House	Now in Insurance & Banking Subcommittee
2023-02-28	House	Referred to Commerce Committee
2023-02-28	House	Referred to State Administration & Technology Appropriations Subcommittee
2023-02-28	House	Referred to Insurance & Banking Subcommittee
2023-02-21	House	Filed

S1360 (Same As) 2023-05-05 - Died in Banking and Insurance
H487 (Similar To) 2023-05-26 - Chapter No. 2023-144

Chapter	Article	Section	Citation Type	Statute Text
125	901		Amended Code	See Bill Text
136	01		Amended Code	See Bill Text
159	608		Amended Code	See Bill Text
17	57		Amended Code	See Bill Text
17	68		Amended Code	See Bill Text
175	301		Amended Code	See Bill Text
175	401		Amended Code	See Bill Text
185	30		Amended Code	See Bill Text
185	50		Amended Code	See Bill Text
190	007		Amended Code	See Bill Text
191	006		Amended Code	See Bill Text
215	34		Amended Code	See Bill Text
218	415		Amended Code	See Bill Text
24	114		Amended Code	See Bill Text
255	502		Amended Code	See Bill Text
280	02		Amended Code	See Bill Text
280	03		Amended Code	See Bill Text
280	042		Amended Code	See Bill Text
280	05		Amended Code	See Bill Text
280	052		Amended Code	See Bill Text
280	053		Amended Code	See Bill Text
280	055		Amended Code	See Bill Text
280	07		Amended Code	See Bill Text
280	08		Amended Code	See Bill Text
280	085		Amended Code	See Bill Text
280	09		Amended Code	See Bill Text
280	10		Amended Code	See Bill Text
280	13		Amended Code	See Bill Text
280	17		Amended Code	See Bill Text
331	309		Amended Code	See Bill Text
373	553		Amended Code	See Bill Text
631	221		Amended Code	See Bill Text
723	06115		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2023/987
Text	https://www.flsenate.gov/Session/Bill/2023/987/BillText/Filed/PDF
Supplement	https://www.flsenate.gov/Session/Bill/2023/987/Analyses/h0987.IBS.PDF
Supplement	https://www.flsenate.gov/Session/Bill/2023/987/Analyses/h0987a.IBS.PDF
Supplement	https://www.flsenate.gov/Session/Bill/2023/987/Analyses/h0987b.SAT.PDF
Supplement	https://www.flsenate.gov/Session/Bill/2023/987/Analyses/h0987c.SAT.PDF
Supplement	https://www.flsenate.gov/Session/Bill/2023/987/Analyses/h0987d.COM.PDF
Supplement	https://www.flsenate.gov/Session/Bill/2023/987/Analyses/h0987e.COM.PDF
Roll Call	https://www.flhouse.gov/Sections/Committees/billvote.aspx?VoteId=67132&IsPCB=0&BillId=77767
Roll Call	https://www.flhouse.gov/Sections/Committees/billvote.aspx?VoteId=68984&IsPCB=0&BillId=77767
Roll Call	https://www.flhouse.gov/Sections/Committees/billvote.aspx?VoteId=69277&IsPCB=0&BillId=77767