Loading chat...

FL H0653

Bill

Official Source

Status

Failed

3/14/2020

Primary Sponsor

Mike Caruso

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Municipal electric utilities are prohibited from using electricity revenues to finance general governmental functions, purchase bonds for general governmental functions, or lend money to the municipality for general governmental purposes
  • Revenues collected from electricity customers must be used exclusively for electric utility operations
  • Permitted uses include building, maintaining, renovating, or otherwise improving electric utility infrastructure and facilities
  • Creates new section 366.025 in Florida Statutes
  • Effective date: July 1, 2020

Legislative Description

Municipal Electric Utilities

Last Action

Died in Energy and Utilities Subcommittee

3/14/2020

Committee Referrals

Energy And Utilities Subcommittee12/3/2019

Full Bill Text

No bill text available