Florida House Bill 1559 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Failed on March 14 2022 - 100% progression
Action: 2022-03-14 - Died in State Administration & Technology Appropriations Subcommittee
Text: Latest bill text (Introduced) [PDF]

Prohibits CFO from designating credit unions as qualified public depositories unless certain requirements are met; prohibits credit unions from being designated as qualified public depositories if CFO withdraws from collateral agreements; requires return of all public deposits in credit union within specified timeframe under certain circumstances; authorizes CFO to limit amount of public deposits in credit unions; revises losses for which CFO may sell securities to protect public deposits; authorizes CFO to issue cease & desist order & corrective order to credit unions upon certain determination; specifies losses against which certain solvent banks, savings banks, savings associations, & credit unions must guarantee public depositors; revises duties & responsibilities of qualified public depositories as result of specified mergers, acquisitions, or consolidations.

Public Deposits

Rep. Joe Harding [R]

Rep. Alejandro Rizo [R]

2022-02-16 - House - House Insurance & Banking Subcommittee (Y: 11 N: 5 NV: 0 Abs: 2) [PASS]

Date	Chamber	Action
2022-03-14	House	Died in State Administration & Technology Appropriations Subcommittee
2022-03-12	House	Indefinitely postponed and withdrawn from consideration
2022-02-16	House	Now in State Administration & Technology Appropriations Subcommittee
2022-02-16	House	Reported out of Insurance & Banking Subcommittee
2022-02-16	House	Favorable by Insurance & Banking Subcommittee
2022-02-14	House	Added to Insurance & Banking Subcommittee agenda
2022-01-16	House	Now in Insurance & Banking Subcommittee
2022-01-16	House	Referred to Commerce Committee
2022-01-16	House	Referred to State Administration & Technology Appropriations Subcommittee
2022-01-16	House	Referred to Insurance & Banking Subcommittee
2022-01-11	House	1st Reading (Original Filed Version)
2022-01-11	House	Filed

S1318 (Similar To) 2022-03-14 - Died in Banking and Insurance

Chapter	Article	Section	Citation Type	Statute Text
125	901		Amended Code	See Bill Text
136	01		Amended Code	See Bill Text
159	608		Amended Code	See Bill Text
17	57		Amended Code	See Bill Text
17	68		Amended Code	See Bill Text
175	301		Amended Code	See Bill Text
175	401		Amended Code	See Bill Text
185	30		Amended Code	See Bill Text
185	50		Amended Code	See Bill Text
190	007		Amended Code	See Bill Text
191	006		Amended Code	See Bill Text
215	34		Amended Code	See Bill Text
218	415		Amended Code	See Bill Text
24	114		Amended Code	See Bill Text
255	502		Amended Code	See Bill Text
280	02		Amended Code	See Bill Text
280	03		Amended Code	See Bill Text
280	042		Amended Code	See Bill Text
280	05		Amended Code	See Bill Text
280	052		Amended Code	See Bill Text
280	053		Amended Code	See Bill Text
280	055		Amended Code	See Bill Text
280	07		Amended Code	See Bill Text
280	08		Amended Code	See Bill Text
280	085		Amended Code	See Bill Text
280	09		Amended Code	See Bill Text
280	10		Amended Code	See Bill Text
280	13		Amended Code	See Bill Text
280	17		Amended Code	See Bill Text
331	309		Amended Code	See Bill Text
373	553		Amended Code	See Bill Text
631	221		Amended Code	See Bill Text
723	06115		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2022/1559
Text	https://www.flsenate.gov/Session/Bill/2022/1559/BillText/Filed/PDF
Supplement	https://www.flsenate.gov/Session/Bill/2022/1559/Analyses/h1559.IBS.PDF
Supplement	https://www.flsenate.gov/Session/Bill/2022/1559/Analyses/h1559a.IBS.PDF
Roll Call	https://www.myfloridahouse.gov/Sections/Committees/billvote.aspx?VoteId=65132&IsPCB=0&BillId=76546