FL H0965

Designates the Florida Housing Finance Corporation as the state fiscal agency (instead of the State Board of Administration) to make debt service determinations required by Florida Constitution Article VII, Section 16 for bond issuance.

Removes the State Board of Administration's authority to authorize interest rates exceeding the maximum limitations set forth in sections 215.84 or 159.825 for corporation bonds.

Eliminates the requirement that rating classifications for the Affordable Housing Guarantee Program be consistent with rules adopted by the State Board of Administration.

Removes the $100 contribution cap on donations that service providers (law firms, investment banks, credit underwriters) may make to State Board of Administration candidates, though restrictions on contributions to gubernatorial candidates remain in place.

Takes effect July 1, 2021.