FL S0498 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-20 - Referred to Judiciary; Banking and Insurance; Rules
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-20 - Referred to Judiciary; Banking and Insurance; Rules
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Requiring the Chief Financial Officer to establish quarterly two interest rate alternatives applicable to the Interest on Trust Accounts (IOTA) Program to determine interest paid to Funding Florida Legal Aid (FFLA) by participating financial institutions; requiring the Chief Financial Officer to inform FFLA of the rate alternatives established for each upcoming quarter, etc.
Title
Interest Rates Applicable to the Interest on Trust Accounts Program
Sponsors
| Sen. Erin Grall [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-02-20 | Senate | Referred to Judiciary; Banking and Insurance; Rules |
| 2025-02-05 | Senate | Filed |
Same As/Similar To
H173 (Similar To) 2025-01-22 - Now in Civil Justice & Claims Subcommittee
Code Citations
Florida State Sources
| Type | Source |
|---|---|
| Summary | https://www.flsenate.gov/Session/Bill/2025/498 |
| Text | https://www.flsenate.gov/Session/Bill/2025/498/BillText/Filed/HTML |
