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FL S1168
Bill
AI Summary
- Require voter approval by referendum for municipal bond issuances exceeding $50 million in addition to any existing constitutional requirements.
- Modify ballot language for municipal bond referenda exceeding $50 million to include total amount bonded, total interest paid, and debt service cost.
- Apply new referendum requirements to bond series authorized under Florida Statutes section 166.121.
- Effective date of July 1, 2014.
Legislative Description
Municipal Bonds
Last Action
Died in Community Affairs
5/2/2014
Committee Referrals
Community Affairs2/28/2014
Full Bill Text
No bill text available