Florida Statute 218.401 - Full Text and Legal Analysis

The 2025 Florida Statutes

Title XIV
TAXATION AND FINANCE

Chapter 218
FINANCIAL MATTERS PERTAINING TO POLITICAL SUBDIVISIONS

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218.401 Purpose.—It is the intent of this part to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, based on the principles of investor protection, mandated transparency, and proper governance, with the goal of reducing the need for imposing additional taxes.

History.—s. 1, ch. 77-394; s. 1, ch. 2008-59; s. 38, ch. 2019-3.

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Amendments to 218.401

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Cases Citing Statute 218.401

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Maloy v. Seminole Cnty., 264 So. 3d 370 (Fla. 5th DCA 2019).

Cited 1 times | Published | Florida 5th District Court of Appeal

reducing the need for imposing additional taxes." § 218.401, Fla. Stat. (1977). In 1995, the Act was amended

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Ago (Fla. Att'y Gen. 1986).

Published | Florida Attorney General Reports

...ct). Section 218.40 , F.S. It is the intent of the Act "to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, thereby reducing the need for imposing additional taxes." Section 218.401 , F.S....

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Maloy v. Seminole Cnty., 264 So. 3d 370 (Fla. 5th DCA 2019).

Published | Florida 5th District Court of Appeal

..." (the "Act"), sections 218.40-.422, Florida Statutes, "to promote, through state assistance, the maximization of net interest earnings on invested surplus funds of local units of government, thereby reducing the need for imposing additional taxes." § 218.401, Fla....