Florida Statutes Part VI - Private Activity Bonds (Ss. 159.801-159.816)

• 159.801 - Short Title.
  This part may be cited as the “Florida Private Activity Bond Allocation Act.”History.—s. 1, ch. 85-282.
• 159.802 - Purpose.
  The purpose of this part is to allocate the state volume limitation imposed on private activity bonds under s. 146 of the Code. No private...
• 159.803 - Definitions.
  As used in this part, the term:(1) “County” means the geographic boundaries of each county as established by law.(2) “Private activity bond” or “bond” means any bond...
• 159.804 - Allocation Of State Volume Limitation.
  The division shall annually determine the amount of private activity bonds permitted to be issued in this state under the Code and shall make such...
• 159.805 - Procedures For Obtaining Allocations; Requirements; Limitations On Allocations; Issuance Reports.
  (1) Except for bonds issued prior to July 1 of each year utilizing an allocation pursuant to s. 159.804(3), prior to the issuance of any private...
• 159.806 - Regional Allocation Pools.
  (1) Each region listed in s. 159.804(2) has an allocation pool for issuing written confirmations of allocation for private activity bonds. In issuing such written confirmations,...
• 159.807 - State Allocation Pool.
  (1) The state allocation pool shall, at all times, first be available to provide allocations for those portions of a bond requiring an allocation under s....
• 159.8075 - Qualified Mortgage Credit Certificates.
  (1) On or before December 29 of each year, a housing finance authority may elect, in writing to the division, to convert all or a portion...
• 159.8081 - Manufacturing Facility Bond Pool.
  (1) There is established the manufacturing facility bond pool. The manufacturing facility bond pool shall be available solely to provide written confirmations for private activity bonds...
• 159.8083 - Florida First Business Allocation Pool.
  The Florida First Business allocation pool is hereby established. The Florida First Business allocation pool shall be available solely to provide written confirmation for private...
• 159.809 - Recapture Of Unused Amounts.
  (1) On June 1 of each year, any portion of each allocation made pursuant to s. 159.804(4) for which the division has not issued a written...
• 159.81 - Unused Allocations; Carryforwards.
  (1) The division shall, when requested, provide carryforwards pursuant to s. 146(f) of the Code for written confirmations for priority projects which qualify for a carryforward...
• 159.811 - Fees; Trust Fund.
  (1) There shall be imposed a nonrefundable fee on each notice of intent to issue a private activity bond filed with the division pursuant to s....
• 159.812 - Grandfather Clause.
  (1) Any written confirmation or carryforward issued by the division pursuant to Executive Orders 84-181, 84-244, or 85-20 concerning the total yearly allocation of private activity...
• 159.813 - Future Federal Amendments.
  In the event that the Code is amended or replaced, or amendments or successor provisions to the Code are proposed which are or would be...
• 159.814 - Form Of Applications For Allocations; Requirements.
  All notices of intent to issue for an allocation and applications for a carryforward shall be made in such form as may be prescribed by...
• 159.815 - Rules.
  The division shall prescribe any rules necessary to ensure the orderly implementation and administration of this act.History.—s. 1, ch. 85-282.
• 159.816 - Certificate As To State Volume Limitation.
  The director shall sign the certificate required pursuant to s. 149(e)(2)(F) of the Code.History.—s. 11, ch. 87-222.

Last modified: September 23, 2016