Florida House Bill 1107 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on May 2 2014 - 100% progression
Action: 2014-05-02 - Died in Finance and Tax Subcommittee
Text: Latest bill text (Introduced) [PDF]

Designates act as "Utility Cost Containment Bond Act"; authorizes authority on behalf of local agencies to finance utility projects using cost containment bonds; provides criteria for use by local agencies in financing utility projects; specifies how utility project charges become effective & how they are to be paid; provides parameters in use of utility cost containment bonds; prohibits utility bond documents from obligating state or political subdivision thereof to enact tax or make appropriation to pay bonds; provides restrictions on type of legal obligations that financing costs constitute; clarifies issues related to utility project property; identifies lien priority of utility project property in securing payment of utility cost containment bonds; prohibits authority, or governmental officer or organization on its behalf, from filing bankruptcy; provides for liberal construction.

Utility Cost Containment Bonds

Rep. John Wood [R]

Date	Chamber	Action
2014-05-02	House	Died in Finance and Tax Subcommittee
2014-03-31	House	Now in Finance and Tax Subcommittee
2014-03-24	House	Favorable by Energy and Utilities Subcommittee; YEAS 13 NAYS 0
2014-03-20	House	On Committee agenda-- Energy and Utilities Subcommittee, 03/24/14, 12:30 pm, Webster Hall
2014-03-05	House	Referred to Energy and Utilities Subcommittee; Finance and Tax Subcommittee; Regulatory Affairs Committee
2014-03-04	House	Introduced
2014-02-25	House	Filed

S0910 (Similar To) 2014-05-02 - Died in Appropriations

Type	Source
Summary	http://www.flsenate.gov/Session/Bill/2014/1107
Text	http://www.flsenate.gov/Session/Bill/2014/1107/BillText/Filed/PDF