FL S1818

Revises findings and declarations in the Florida Development Finance Corporation Act to emphasize economic activities in counties and municipalities as critical to the state's economy.

Adds language stating that act purposes may be accomplished through legislation fully implementing state constitutional provisions allowing local governments to issue revenue bonds for financing or refinancing capital projects.

Includes authorization for new and innovative means of investing public trust funds pursuant to state constitutional provisions.

Changes references from "this state" to "the counties and municipalities of the state" throughout the findings section to emphasize local economic development focus.

Effective date: July 1, 2011.