HB 639 Florida House · 2022 Regular Session

Benchmark Replacements for London Interbank Offered Rate

Summary
Benchmark Replacements for London Interbank Offered Rate; 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.
Bill status died 1 of 4 stages cleared
Introduction
Nov 2021
Committee Review
Floor Vote
Governor
Introduced Nov 17, 2021 Last action Dec 15, 2021
Floor votes

How they voted

No floor votes recorded yet.
Full legislative history

Actions timeline

Total actions
6
Key actions
1
Committee
4
Dec 6, 2021
Lower · Passed
Now in Insurance & Banking Subcommittee
lower
Dec 6, 2021
Committee
Referred to Commerce Committee
lower
Dec 6, 2021
Committee
Referred to Civil Justice & Property Rights Subcommittee
lower
Dec 6, 2021
Committee
Referred to Insurance & Banking Subcommittee
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Cyndi Stevenson
Cyndi Stevenson
RRepublican
FL
18