Home
Menu
Call attorney Graham Syfert at 904-383-7448
Personal Injury Lawyer
Florida Statute 159.15 | Lawyer Caselaw & Research
F.S. 159.15 Case Law from Google Scholar
Statute is currently reporting as:
Link to State of Florida Official Statute Google Search for Amendments to 159.15

The 2023 Florida Statutes (including Special Session C)

Title XI
COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS
Chapter 159
BOND FINANCING
View Entire Chapter
F.S. 159.15
159.15 Tax exemption and eligibility as investments.
(1) It is hereby found and determined that all of the purposes for which revenue bonds are authorized to be issued by this part constitute essential governmental purposes, and all of the properties, revenues, moneys and other assets owned and used in the operation of such projects, and all revenue bonds issued hereunder and the interest thereon shall be exempt from all taxation by the state or by any county, municipality, political subdivision, agency, or instrumentality thereof. All notes, mortgages, security agreements, letters of credit, or other instruments which arise out of or are given to secure the repayment of bonds issued in connection with a project financed under this part are also exempt from taxation. The exemption granted by this subsection shall not be applicable to any tax imposed by chapter 220 on interest, income, or profits on debt obligations owned by corporations.
(2) Any revenue bonds issued hereunder shall be and constitute legal investments for all public bodies and for all banks, savings banks, guardians, insurance funds, trustees or other fiduciaries and shall be and constitute eligible securities to be deposited as collateral for the security of any state, county, municipal or other public funds.
(3) Notwithstanding the provisions of s. 215.47, bonds, notes, or obligations of any municipality or political subdivision or any agency or authority of this state, collateralized as to principal and interest by any investment otherwise authorized by s. 215.47, in cases where such collateral is to be utilized to guarantee payment and performance bond obligations for maritime and other construction projects undertaken by employers in this state, where the employer could not receive a payment or performance bond absent such guarantee, and where the municipality or political subdivision is experiencing economic distress by reason of a high unemployment rate or other factors, shall constitute legal investments for state, county, municipal, and all other public funds. For purposes of s. 159.02(4), the word “project” shall also include any escrow fund pledged as collateral to be utilized for the purposes and under the circumstances described in this subsection.
History.s. 8, ch. 67-550; s. 2, ch. 73-327; s. 19, ch. 86-152.

F.S. 159.15 on Google Scholar

F.S. 159.15 on Casetext

Amendments to 159.15


Arrestable Offenses / Crimes under Fla. Stat. 159.15
Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 159.15.



Annotations, Discussions, Cases:

Cases from cite.case.law:

SCHULTZ, v. CRYSTAL RIVER THREE PARTICIPANTS,, 686 So. 2d 1391 (Fla. Dist. Ct. App. 1997)

. . . Section 159.15(1) specifically provides as follows: 159.15 Tax exemption and eligibility as investments . . .

TROUTT, v. STAVOLA BROTHERS, INC. d b a, 905 F. Supp. 295 (M.D.N.C. 1995)

. . . attendance records show Plaintiff to be out at 4:45 p.m. on 10/4.) 10/10-10/16: 5 hrs @ $21.22 regular rate 159.15 . . . 79.58 TOTAL FOR 1993: $17,703.58 1994 1/2 — 1/8: no overtime claimed 1/9-1/15: no overtime claimed 159.15 . . .

DEPARTMENT OF REVENUE, v. FIRST UNION NATIONAL BANK OF FLORIDA,, 513 So. 2d 114 (Fla. 1987)

. . . repealer provision contained in the very law which created the franchise tax, to wit: Sections 125.019, 159.15 . . .

F. REDFORD, Jr. G. B. B. v. DEPARTMENT OF REVENUE,, 478 So. 2d 808 (Fla. 1985)

. . . the circuit court rejected the argument that the leaseholds were exempt under sections 125.019 and 159.15 . . .

UNITED STATES v. A. RUPERT, 510 F. Supp. 821 (M.D. Pa. 1981)

. . . Section 159.15 of the DMM provides that mail that is undeliverable as addressed may be forwarded, returned . . .

J. SLATER, v. KFC CORPORATION, J. SLATER, v. KFC CORPORATION,, 621 F.2d 932 (8th Cir. 1980)

. . . United Steel & Wire Co., 436 F.Supp. 1376, 1379 (N.D.Ia.1977); 6A Moore’s Federal Practice 159.15[4], . . .

J. DoCARMO, v. F. V. PILGRIM I. CORP., 612 F.2d 11 (1st Cir. 1979)

. . . See 6A Moore’s Federal Practice 159.15[3]. . . .

MARSHALL, v. HAUGAN, d b a, 586 F.2d 1263 (8th Cir. 1978)

. . . Omaha Public Power District, 412 F.2d 1164, 1165 n. 1 (8th Cir. 1969); 6A Moore's Federal Practice 159.15 . . .

SHELAK v. WHITE MOTOR COMPANY,, 581 F.2d 1155 (5th Cir. 1978)

. . . 716, cert. denied, 1948, 333 U.S. 838, 68 S.Ct. 608, 92 L.Ed. 1122. . 6A Moore’s Federal Practice ¶ 159.15 . . .

H. HENNESSY, Jr. d b a a v. A. SCHMIDT,, 583 F.2d 302 (7th Cir. 1978)

. . . the error as harmless and treat the appeal as taken from the judgment.” 6A Moore’s Federal Practice, 159.15 . . .

HAMMOND, v. PUBLIC FINANCE CORPORATION,, 568 F.2d 1362 (5th Cir. 1978)

. . . Fed.R.App.P. 4(a); 6A Moore’s Federal Practice 159.15[4], at 59-293 (2d ed. 1974). . . .

W. GATES, v. L. G. DeWITT, INC. WEBER, v. L. G. DeWITT, INC. W. C. WEBER, v. L. G. DeWITT, INC. W., 528 F.2d 405 (5th Cir. 1976)

. . . trial, can consider the motions for new trial of the DeWitt defendants. 6A Moore, Federal Practice 159.15 . . .

BRONX FIRE INS. CO. v. WASSON, 62 F.2d 556 (10th Cir. 1932)

. . . The premium on the policy of insurance'was $159.15. . . .