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Part I - Revenue Bond Act of 1953 (Ss. 159.01-159.19)
159.01 - Short title. - History.—s. 1, ch. 28045, 1953.
159.02 - Definitions. - (1) The word “municipality” shall mean any city, town, village...
159.03 - General powers. - (1) To acquire by purchase or to construct, or partly...
159.04 - Neither credit nor taxing power pledged. - (1) Revenue bonds issued under the provisions of this part...
159.05 - Purchase of projects. - History.—s. 5, ch. 28045, 1953.
159.06 - Improvement of projects purchased. - History.—s. 6, ch. 28045, 1953.
159.07 - Construction of projects. - History.—s. 7, ch. 28045, 1953.
159.08 - Revenue bonds. - (1) The governing body of any unit shall have the...
159.09 - Trust agreement. - History.—s. 9, ch. 28045, 1953; s. 6, ch. 98-409.
159.10 - Revenues of projects. - (1) The governing body shall fix and revise from time...
159.11 - Trust funds. - History.—s. 11, ch. 28045, 1953.
159.12 - Remedies of bondholders and trustee. - History.—s. 12, ch. 28045, 1953.
159.13 - Revenue refunding bonds. - (1) The governing body of any unit is hereby authorized...
159.14 - Alternative method. - History.—s. 14, ch. 28045, 1953.
159.15 - Tax exemption and eligibility as investments. - (1) It is hereby found and determined that all of...
159.16 - Additional pledge of faith and credit. - (1) Notwithstanding any other provision of this part, any county...
159.17 - Lien of service charges. - History.—s. 8, ch. 67-550.
159.18 - Collection of charges. - (1) Any municipality shall have power to discontinue and shut...
159.19 - Additional pledge of excise taxes. - (1) Any municipality may pledge the proceeds of utilities services...
Part II - Florida Industrial Development Financing Act (Ss. 159.25-159.431)
159.25 - Short title. - History.—s. 1, ch. 69-104.
159.26 - Legislative findings and purposes. - (1) The agriculture, tourism, urban development, historic preservation, education, and...
159.27 - Definitions. - (1) “Bonds” or “revenue bonds” means the bonds authorized to...
159.28 - General powers. - (1) To prescribe rules, regulations, and policies in connection with...
159.285 - Additional county powers. - (1) A county shall have full power and authority to...
159.287 - Special act development commissions, councils, boards, or authorities; approval required to issue bonds. - (1) Notwithstanding any other provision of this part or of...
159.29 - Criteria and requirements. - (1) The project, in the determination of the local agency,...
159.30 - Agreements of lease. - (1) No project financed under the provisions of this part...
159.31 - Tax exemption. - History.—s. 7, ch. 69-104; s. 3, ch. 73-327; s. 6,...
159.32 - Construction contracts. - History.—s. 8, ch. 69-104; s. 7, ch. 80-287.
159.33 - Credit of state or political subdivision not pledged. - (1) Bonds issued under the provisions of this part shall...
159.34 - Bonds. - (1) The local agency is authorized to provide for the...
159.345 - Local agency reporting requirement. - History.—s. 21, ch. 83-271; s. 5, ch. 86-181; s. 144,...
159.35 - Trust agreement. - History.—s. 11, ch. 69-104.
159.36 - Revenues. - (1) The local agency is authorized to fix and to...
159.37 - Trust funds. - History.—s. 13, ch. 69-104.
159.38 - Remedies. - History.—s. 14, ch. 69-104.
159.39 - Negotiability of bonds. - History.—s. 15, ch. 69-104; s. 10, ch. 80-287; s. 23,...
159.40 - Bonds eligible for investment. - History.—s. 16, ch. 69-104.
159.41 - Revenue refunding bonds. - (1) Any local agency is authorized to provide by resolution...
159.414 - Authority to deal with financial institution which employs a board member. - History.—s. 2, ch. 81-321; s. 42, ch. 83-217; s. 196,...
159.415 - Composite issues of bonds. - (1) The debt service payments due under all such separate...
159.416 - Pool financings. - (1) Any local agency may issue, at one or more...
159.42 - Cooperation of state. - History.—s. 18, ch. 69-104.
159.43 - Liberal construction. - History.—s. 19, ch. 69-104; s. 11, ch. 80-287.
159.431 - Applicability of ch. 80-287. - History.—s. 18, ch. 80-287.
Part III - Industrial Development Authorities (Ss. 159.44-159.53)
159.44 - Definitions; industrial development authorities. - (1) “Bonds” or “revenue bonds” means the bonds authorized to...
159.45 - Creation of industrial development authorities. - (1) In each county, there is hereby created a local...
159.46 - Purposes. - History.—s. 2, ch. 70-229; s. 14, ch. 80-287.
159.47 - Powers of the authority. - (1) The authority is authorized and empowered: (a) To have...
159.475 - Authority reporting requirement. - History.—s. 24, ch. 83-271; s. 6, ch. 86-181; s. 145,...
159.48 - Levy of ad valorem taxes by board of county commissioners. - History.—s. 5, ch. 70-229.
159.49 - Credit of state or political subdivision not pledge. - (1) The revenue bonds issued by the authority shall not...
159.494 - Authority to deal with financial institution which employs a member of the authority. - History.—s. 3, ch. 81-321; s. 43, ch. 83-217; s. 197,...
159.50 - Tax exemption. - History.—s. 7, ch. 70-229; s. 4, ch. 73-327; s. 21,...
159.51 - Powers of chapter supplemental. - History.—s. 8, ch. 70-229.
159.52 - Issuance of bonds. - History.—s. 9, ch. 70-229.
159.53 - Construction. - History.—s. 10, ch. 70-229.
Part IV - Housing Finance Authorities (Ss. 159.601-159.623)
159.601 - Short title. - History.—s. 1, ch. 78-89.
159.602 - Finding and declaration of necessity. - (1) Within this state there is a shortage of housing...
159.603 - Definitions. - (1) “Area of operation” means the area within the territorial...
159.604 - Creation of housing finance authorities. - (1) Each county in this state may create by ordinance...
159.605 - Members; employees; duties and compensation. - (1) Each housing finance authority shall be composed of not...
159.606 - Conflicts of interest; disclosure. - History.—s. 6, ch. 78-89; s. 890, ch. 95-147.
159.607 - Removal of members. - History.—s. 7, ch. 78-89; s. 891, ch. 95-147.
159.608 - Powers of housing finance authorities. - (1) To sue and be sued, to have a seal...
159.609 - Limitation. - History.—s. 9, ch. 78-89; s. 3, ch. 93-221.
159.61 - No power of eminent domain. - History.—s. 10, ch. 78-89.
159.611 - Planning, zoning, and building laws. - History.—s. 11, ch. 78-89.
159.612 - Bonds. - (1) A housing finance authority may issue revenue bonds from...
159.613 - Form and sale of bonds. - (1) Bonds of a housing finance authority issued pursuant to...
159.614 - Provisions of bonds and trust indentures. - (1) To pledge all or any part of any payment...
159.615 - Validation of bonds and proceedings. - History.—s. 15, ch. 78-89.
159.616 - Actions to contest validity of bonds. - History.—s. 16, ch. 78-89.
159.617 - Remedies of an obligee of a housing finance authority. - (1) By mandamus, suit, action, or proceeding at law or...
159.618 - Additional remedies conferrable by a housing finance authority. - (1) To obtain the appointment of a receiver of any...
159.619 - Availability of financing. - History.—s. 19, ch. 78-89.
159.62 - Liabilities of a housing finance authority. - History.—s. 20, ch. 78-89.
159.621 - Housing bonds exempted from taxation; notes and mortgages exempted from excise tax on documents. - (1) The bonds of a housing finance authority issued under...
159.622 - Limitation on rates. - History.—s. 24, ch. 78-89.
159.623 - Construction of law. - History.—s. 22, ch. 78-89.
Part V - Research and Development Authorities (Ss. 159.701-159.7095)
159.701 - Purposes. - History.—s. 4, ch. 79-101; s. 1, ch. 85-313; s. 2,...
159.702 - Definitions. - (1) The following words and terms, unless the context clearly...
159.703 - Creation of research and development authorities. - (1) Subject to the provisions of this part, each county...
159.704 - Designation by Board of Governors of the State University System; procedure. - (1) The authority shall prepare and submit to the Board...
159.705 - Powers of the authority. - (1) To have perpetual succession as a body politic and...
159.7055 - Authority reporting requirement. - History.—s. 26, ch. 83-271; s. 7, ch. 86-181; s. 146,...
159.706 - Grandfather clause. - History.—s. 4, ch. 79-101; s. 19, ch. 2007-217. 1Note.—Abolished by...
159.707 - Credit of state or political subdivision not pledged. - (1) The revenue bonds issued by the authority shall not...
159.708 - Tax exemption. - History.—s. 4, ch. 79-101; s. 23, ch. 86-152.
159.709 - Powers of ss. 159.701-159.7095 supplemental. - History.—s. 4, ch. 79-101.
159.7095 - Issuance of bonds. - History.—s. 4, ch. 79-101.
Part VI - Private Activity Bonds (Ss. 159.801-159.816)
159.801 - Short title. - History.—s. 1, ch. 85-282.
159.802 - Purpose. - History.—s. 1, ch. 85-282; s. 1, ch. 87-222.
159.803 - Definitions. - (1) “County” means the geographic boundaries of each county as...
159.804 - Allocation of state volume limitation. - (1)(a) On January 1, 1993, the first $75 million of...
159.805 - Procedures for obtaining allocations; requirements; limitations on allocations; issuance reports. - (1) Except for bonds issued prior to July 1 of...
159.806 - Regional allocation pools. - (1) Each region listed in s. 159.804(2) has an allocation...
159.807 - State allocation pool. - (1) The state allocation pool shall, at all times, first...
159.8075 - Qualified mortgage credit certificates. - (1) On or before December 29 of each year, a...
159.8081 - Manufacturing facility bond pool. - (1) There is established the manufacturing facility bond pool. The...
159.8083 - Florida First Business allocation pool. - History.—s. 11, ch. 95-416; s. 9, ch. 96-320; s. 8,...
159.809 - Recapture of unused amounts. - (1) On June 1 of each year, any portion of...
159.81 - Unused allocations; carryforwards. - (1) The division shall, when requested, provide carryforwards pursuant to...
159.8105 - Allocation of bonds for water and wastewater infrastructure projects. - History.—s. 1, ch. 2016-226.
159.811 - Fees; trust fund. - (1) There shall be imposed a nonrefundable fee on each...
159.812 - Grandfather clause. - (1) Any written confirmation or carryforward issued by the division...
159.813 - Future federal amendments. - History.—s. 1, ch. 85-282; s. 11, ch. 86-181; s. 10,...
159.814 - Form of applications for allocations; requirements. - History.—s. 1, ch. 85-282.
159.815 - Rules. - History.—s. 1, ch. 85-282.
159.816 - Certificate as to state volume limitation. - History.—s. 11, ch. 87-222.
Part VII - Taxable Bonds (Ss. 159.821-159.8291)
159.821 - Short title. - History.—s. 1, ch. 87-237.
159.822 - Legislative findings; purpose. - (1) The ability of governmental units to issue bonds is...
159.823 - Definitions. - (1) “Act” means the “Taxable Bond Act of 1987.” (2)...
159.824 - Conflicts. - History.—s. 1, ch. 87-237.
159.825 - Terms of bonds. - (1) The ordinance, resolution, indenture, agreement, or other instrument providing...
159.826 - Sale of bonds. - History.—s. 1, ch. 87-237.
159.827 - Pledging credit. - (1) The issuance of taxable bonds by a governmental unit...
159.828 - Use of proceeds of bonds. - History.—s. 1, ch. 87-237.
159.829 - Refunding bonds. - History.—s. 1, ch. 87-237.
159.8291 - Construction of law. - History.—s. 1, ch. 87-237.
Part VIII - Qualified Public Educational Facilities Private Activity Bonds (Ss. 159.831-159.835)
159.831 - Short title. - History.—s. 49, ch. 2003-391.
159.832 - Purpose. - History.—s. 49, ch. 2003-391.
159.833 - Definitions. - (1) “Board” means the State Board of Education, created pursuant...
159.834 - Allocation of state volume limitation. - (1) The board shall establish a program for allocating the...
159.835 - Rules. - History.—s. 49, ch. 2003-391.
Part IX - Qualified School Construction Bonds (Ss. 159.841-159.845)
159.841 - Short title. - History.—s. 1, ch. 2009-59.
159.842 - Purpose. - History.—s. 1, ch. 2009-59.
159.843 - Definitions. - (1) “Board” means the State Board of Education, created pursuant...
159.844 - Allocation of state volume limitation. - (1) The board shall establish a program for allocating the...
159.845 - Rules. - History.—s. 1, ch. 2009-59.