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  • Introduced
    Feb 21, 2023
  • Passed House
  • Passed Senate
  • Signed into Law
HB 987
Florida House Bill
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Public Deposits; Provides requirements for credit unions that are qualified public depositories; provides that public deposits in credit unions by specified trust departments or trust companies are exempt from certain requirements & protection; prohibits CFO from designating credit unions as qualified public depositories unless certain requirements are met; requires CFO to withdraw from specified collateral agreements under certain circumstances; prohibits credit unions from being designated as qualified public depositories if CFO withdraws from collateral agreements; requires specified credit unions to return all public deposits in credit unions within specified timeframe; authorizes CFO to limit amount of public deposits in credit unions for specified purpose; provides requirements for suspension or disqualification of credit unions as qualified public depositories; authorizes CFO to issue cease & desist order & corrective order to credit unions upon certain determinations.
Last Action See all actions
House • May 05, 2023: Died on Second Reading Calendar
Latest Bill Text See all bill texts

Official Summary/Bill Text

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  • May 05, 2023 | House
    • Died on Second Reading Calendar
  • Apr 18, 2023 | House
    • Favorable by Commerce Committee
    • Reported out of Commerce Committee
    • Bill released to House Calendar
    • Added to Second Reading Calendar
  • Apr 13, 2023 | House
    • Added to Commerce Committee agenda
  • Apr 12, 2023 | House
    • Favorable by State Administration & Technology Appropriations Subcommittee
    • Reported out of State Administration & Technology Appropriations Subcommittee
    • Now in Commerce Committee
  • Apr 10, 2023 | House
    • Added to State Administration & Technology Appropriations Subcommittee agenda
  • Mar 15, 2023 | House
    • Reported out of Insurance & Banking Subcommittee
    • Now in State Administration & Technology Appropriations Subcommittee
  • Mar 14, 2023 | House
    • Favorable by Insurance & Banking Subcommittee
  • Mar 10, 2023 | House
    • Added to Insurance & Banking Subcommittee agenda
  • Mar 07, 2023 | House
    • 1st Reading (Original Filed Version)
  • Feb 28, 2023 | House
    • Referred to Insurance & Banking Subcommittee
    • Referred to State Administration & Technology Appropriations Subcommittee
    • Referred to Commerce Committee
    • Now in Insurance & Banking Subcommittee
  • Feb 21, 2023 | House
    • Filed
Bill Texts