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FL S1770

Bill

Official Source

Status

Failed

5/3/2019

Primary Sponsor

Victor Torres

Click for details

Origin

Senate

2019 Regular Session

AI Summary

  • Prohibits transfer or use of money deposited to the State Housing Trust Fund for any purpose other than those specified in statute.

  • Prohibits transfer or use of money deposited to the Local Government Housing Trust Fund for any purpose other than those specified in statute.

  • Expands programs eligible for funding from the Local Government Housing Trust Fund to include programs under ss. 420.531, 420.606, and 420.622 in addition to existing programs.

  • Requires the Florida Housing Finance Corporation to administer both trust funds exclusively for their designated program purposes.

  • Effective date: July 1, 2019.

Legislative Description

Housing Trust Funds

Last Action

Died in Community Affairs

5/3/2019

Committee Referrals

Community Affairs3/8/2019

Full Bill Text

No bill text available