Saturday, May 25, 2013

News Alerts

CS/HB 7213 - Capital Formation for Infrastructure Projects

General Bill   by Finance & Tax Council and Economic Development & Community Affairs Policy Council and Murzin and Eisnaugle (CO-SPONSORS) Holder
Capital Formation for Infrastructure Projects: Provides for creation of Florida Infrastructure Fund Partnership; provides partnership's purpose & duties; provides for management of partnership by Florida Opportunity Fund; authorizes fund to lend moneys to partnership; requires partnership to raise funds from investment partners; provides for commitment agreements with & issuance of certificates to investment partners; authorizes partnership to invest in certain infrastructure projects; prohibits partnership & fund from pledging credit or taxing power of state or political subdivisions; prohibits partnership from investing in projects with or accepting investments from certain companies; creates Florida Infrastructure Investment Trust; provides for powers & duties, board of trustees, & administrative officer of trust; provides for trust's issuance of certificates to investment partners who invest in partnership; specifies that certificates are redeemable for tax credits under certain conditions; authorizes trust to charge fees; limits amount of tax credits issued & amount of tax credits that may be claimed or applied against state taxes in any year; provides for redemption or sale of certificates; provides for issuance of tax credits by DOR; specifies taxes against which credits may be applied; limits period within which tax credits may be used; provides for state's obligation for use of tax credits; limits liability of fund; requires DOR to provide certain written assurance to trust; specifies that certain securities transaction requirements do not apply to certificates & tax credits transferred or sold under act; authorizes DOR to provide tax credit information to partnership & trust.
Effective Date: July 1, 2010
Last Event: 04/30/10 S Died in Messages on Friday, April 30, 2010 8:47 PM
Recommending committee actions by:
   Economic Development & Community Affairs Policy Council
  On agenda for: 04/07/10   8:00 AM Notice
     Favorable (final action) See Votes

Referred Committees and Committee Actions

House Referrals

    -  Finance & Tax Council
           On agenda for: 04/14/10 9:15 AM              Notice
        Favorable With Council Substitute (final action)              See Votes
 

Related Bills
(no related bills on record)

Bill Text

Staff Analysis

Vote History
Chamber Date Yeas Nays Actions   Vote Detail Barcode
House 04/22/2010 11:21 AM   113 0 Passage Vote [Seq# 883]

Bill History
Event Time Member Committee
04/30/10 S Died in Messages Friday, April 30, 2010 8:47 PM
04/22/10 S In Messages Thursday, April 22, 2010 12:14 PM
Message sent to senate Thursday, April 22, 2010 12:10 PM
Passage on third reading Thursday, April 22, 2010 11:21 AM
CS passed; YEAS 113, NAYS 0 Thursday, April 22, 2010 11:20 AM
Read 3rd time Thursday, April 22, 2010 11:20 AM
Added to Third Reading Calendar Wednesday, April 21, 2010 8:02 PM
Read 2nd time Wednesday, April 21, 2010 6:20 PM
Bill added to Special Order Calendar (4/21/2010) Monday, April 19, 2010 10:00 PM
Added to Second Reading Calendar Friday, April 16, 2010 4:22 PM
Bill referred to House Calendar Friday, April 16, 2010 4:22 PM
1st Reading Thursday, April 15, 2010 10:14 PM
CS Filed Thursday, April 15, 2010 11:21 AM
Laid on Table under Rule 7.20 Thursday, April 15, 2010 11:21 AM
Reported out of Finance & Tax Council Thursday, April 15, 2010 11:12 AM Finance & Tax Council
Favorable with CS by Finance & Tax Council Wednesday, April 14, 2010 11:30 AM Finance & Tax Council
Added to Finance & Tax Council agenda Monday, April 12, 2010 4:29 PM Finance & Tax Council
Now in Finance & Tax Council Friday, April 09, 2010 12:37 PM Finance & Tax Council
Referred to Finance & Tax Council Friday, April 09, 2010 12:37 PM Finance & Tax Council
1st Reading Thursday, April 08, 2010 11:59 PM
Filed Thursday, April 08, 2010 10:55 AM Economic Development & Community Affairs Policy Council

Statutes Referenced by this Bill
288.9627
288.9622
288.9628
288.9623
288.9621
213.053
 

^ back to top
 
 
Disclaimer: The information on this system is unverified. The published and printed versions of the respective chambers should be consulted for official purposes. Under Florida law, e-mail addresses are public records. If you do not want your e-mail address released in response to a public-records request, do not send electronic mail to this entity. Instead, contact this office by phone or in writing.

Content

Bill Finder by Number

 

Search Bill Text

  Advanced Search