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FL S1480

Bill

Status

Failed

4/30/2021

Primary Sponsor

Jason Brodeur

Click for details

Origin

Senate

2021 Regular Session

AI Summary

  • Extends the intended retirement date for Florida Forever Act bonds from December 31, 2040 to December 31, 2054
  • Maintains the $300 million annual cap on amounts from the Land Acquisition Trust Fund used for debt service or reserve funds on Florida Forever bonds
  • Applies to bonds issued pursuant to sections 215.618 and 215.619, which are secured by Land Acquisition Trust Fund revenues
  • Takes effect July 1, 2021

Legislative Description

Land Acquisition Trust Fund

Last Action

Died in Appropriations

4/30/2021

Committee Referrals

Appropriations4/8/2021
Appropriations Subcommittee on Agriculture, Environment, and General Government3/16/2021
Environment and Natural Resources3/2/2021

Full Bill Text

No bill text available