HB 639 -  Benchmark Replacements for London Interbank Offered Rate

by Stevenson
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.
Effective Date: upon becoming a law
Last Event: Withdrawn prior to introduction on Wednesday, December 15, 2021 8:32 AM

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Withdrawn prior to introduction Time: 12/15/2021 - 8:32 AM Member: Stevenson Committee: Version: __
Event: H Now in Insurance & Banking Subcommittee Time: 12/06/2021 - 11:55 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Referred to Commerce Committee Time: 12/06/2021 - 11:55 AM Member: Committee: Commerce Committee Version: __
Event: H Referred to Civil Justice & Property Rights Subcommittee Time: 12/06/2021 - 11:55 AM Member: Committee: Civil Justice & Property Rights Subcommittee Version: __
Event: H Referred to Insurance & Banking Subcommittee Time: 12/06/2021 - 11:55 AM Member: Committee: Insurance & Banking Subcommittee Version: __
Event: H Filed Time: 11/17/2021 - 1:15 PM Member: Stevenson Committee: Version: __

Statutes Referenced by this Bill