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FL S0322
Bill
AI Summary
- Amends section 74.051, Florida Statutes, regarding interest distribution on deposits held by court clerks in eminent domain proceedings
- Changes interest allocation so that 90 percent of interest earned on deposits is allocated according to ultimate ownership in the deposit, rather than paid to the petitioner
- Maintains clerk authority to invest deposits to earn the highest interest available through state or national financial institutions in Florida insured by the Federal Government
- Becomes effective July 1, 2013
Legislative Description
Eminent Domain Proceedings
Last Action
Laid on Table, companion bill(s) passed, see CS/HB 179 (Ch. 2013-23)
4/4/2013
Committee Referrals
Appropriations3/7/2013
Community Affairs2/21/2013
Judiciary1/18/2013
Full Bill Text
No bill text available