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FL S1254

Bill

Status

Failed

3/14/2020

Primary Sponsor

Tommy Wright

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Requires community development district boards to authorize general obligation bonds, benefit bonds, or revenue bonds by a two-thirds vote of all members in office, rather than a simple majority vote

  • Applies to bond authorizations beginning October 1, 2020

  • Maintains all other existing provisions for bond issuance, including maximum 40-year maturity periods, interest rate compliance requirements, and resolution procedures

Legislative Description

Community Development District Bond Financing

Last Action

Died in Community Affairs

3/14/2020

Committee Referrals

Community Affairs1/8/2020

Full Bill Text

No bill text available