Florida House Bill 639 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 17 2021 - 25% progression, died in chamber
Action: 2021-12-15 - Withdrawn prior to introduction
Text: Latest bill text (Introduced) [PDF]

Requires recommended benchmark replacements selected by specified persons be benchmark replacements on U.S. Dollar London Interbank Offered Rate (LIBOR) replacement date for contracts, securities, & instruments for business organizations, Florida Insurance Code, financial institutions, Uniform Commercial Code, real & personal property conveyance of land & declarations of trust, & real & personal property mortgages; authorizes specified persons to select recommended benchmark replacements; provides requirements for benchmark replacements; provides person is not liable for damages & is not subject to claims & requests for equitable relief.

Benchmark Replacements for London Interbank Offered Rate

Rep. Cyndi Stevenson [R]

Date	Chamber	Action
2021-12-15	House	Withdrawn prior to introduction
2021-12-06	House	Now in Insurance & Banking Subcommittee
2021-12-06	House	Referred to Commerce Committee
2021-12-06	House	Referred to Civil Justice & Property Rights Subcommittee
2021-12-06	House	Referred to Insurance & Banking Subcommittee
2021-11-17	House	Filed

S1246 (Similar To) 2022-03-02 - Laid on Table, refer to CS/HB 925
H925 (Similar To) 2022-04-08 - Chapter No. 2022-57

Chapter	Article	Section	Citation Type	Statute Text
607	01305		Amended Code	See Bill Text
624	103		Amended Code	See Bill Text
655	0135		Amended Code	See Bill Text
671	1075		Amended Code	See Bill Text
689	0705		Amended Code	See Bill Text
697	015		Amended Code	See Bill Text

Type	Source
Summary	https://www.flsenate.gov/Session/Bill/2022/639
Text	https://www.flsenate.gov/Session/Bill/2022/639/BillText/Filed/PDF