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FL S1454
Bill
AI Summary
- Amends section 28.33 of Florida Statutes regarding investment of county funds by the clerk of the circuit court
- Designates all interest earned on invested county funds (except registry of the court funds) as income of the clerk's office rather than county income
- Requires interest earnings to be deposited in the same account as other fees and commissions of the clerk's office
- Allows clerks to retain 10 percent of interest accruing on registry of the court funds as an investment management fee, with the remaining 90 percent allocated to depositors
- Effective date: July 1, 2010
Legislative Description
State Judicial System [WPSC]
Last Action
Died in Committee on Community Affairs
4/30/2010
Committee Referrals
Community Affairs2/3/2010
Full Bill Text
No bill text available