Florida Statute 159.19 | Lawyer Caselaw & Research

The 2024 Florida Statutes

Title XI
COUNTY ORGANIZATION AND INTERGOVERNMENTAL RELATIONS

Chapter 159
BOND FINANCING

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F.S. 159.19

159.19 Additional pledge of excise taxes.—

(1) Any municipality may pledge the proceeds of utilities services taxes, cigarette taxes, or franchise taxes, as defined herein, or any other excise taxes or other funds which such municipality is authorized to levy and collect or will have available, as additional security for the payment of the principal of and interest on any revenue bonds issued hereunder, or for reserves for such debt service.

(2) In the event of the pledge of such utilities services taxes, cigarette taxes, franchise taxes, or other excise taxes as provided herein, such pledge shall be and constitute a valid and legally binding contract between the municipality and the holders of such revenue bonds as the case may be, and the municipality shall be obligated to continue the levy and collection of such utilities services taxes, cigarette taxes, franchise taxes, or other excise taxes in accordance with the proceedings which authorize the issuance of the revenue bonds for which such utilities services taxes, cigarette taxes, franchise taxes or other excise taxes are so pledged as additional security as long as any of said revenue bonds are outstanding and unpaid.

(3) It shall be the mandatory duty of the municipality, when it has so pledged any utilities services taxes, cigarette taxes, franchise taxes or other excise taxes as additional security for such revenue bonds to continue the levy and collection of such utilities services taxes, cigarette taxes, franchise taxes or other excise taxes in the manner provided in the proceedings authorizing the issuance of the revenue bonds for which the same are pledged, and to raise the rates of such utilities services taxes, cigarette taxes, franchise taxes and other excise taxes to the maximum rates permitted by the statutes or franchises in effect at the time of the authorization of such bonds to the full extent necessary to comply with such proceedings authorizing the issuance of such revenue bonds.

(4) The state does hereby covenant with the holders of such revenue bonds that it will not repeal or impair, or amend in any manner which will materially and adversely affect the rights of such holders, the duty and obligation and power of the municipality to levy and collect such utilities services taxes, cigarette taxes, franchise taxes or other excise taxes in accordance with the proceedings authorizing the issuance of such revenue bonds.

History.—s. 8, ch. 67-550.

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Amendments to 159.19

Arrestable Offenses / Crimes under Fla. Stat. 159.19

Level: Degree
Misdemeanor/Felony: First/Second/Third

Current data shows no reason an arrest or criminal charge should have occurred directly under Florida Statute 159.19.

Annotations, Discussions, Cases:

Cases Citing Statute 159.19

Total Results: 12

Stansel v. State

Court: District Court of Appeal of Florida | Date Filed: 2002-08-28

Citation: 825 So. 2d 1007, 2002 WL 1971884

Snippet: the use of diligence. Kinsey v. State, 155 Fla. 159, 19 So.2d 706, 707 (1944). Because Stansel's first

Taylor v. Lee County

Court: Supreme Court of Florida | Date Filed: 1986-12-04

Citation: 498 So. 2d 424, 11 Fla. L. Weekly 623

Snippet: section 159.14 states that sections 159.01 through 159.19 "shall be regarded as supplemental and additional

Swyers v. State

Court: District Court of Appeal of Florida | Date Filed: 1986-02-19

Citation: 483 So. 2d 520, 11 Fla. L. Weekly 466, 1986 Fla. App. LEXIS 6482

Snippet: So.2d 482 (Fla.1979); Kinsey v. State, 155 Fla. 159, 19 So.2d 706 (1944), certiorari denied, 324 U.S. 846

Brown v. State

Court: Supreme Court of Florida | Date Filed: 1983-10-12

Citation: 439 So. 2d 872

Snippet: the use of diligence. Kinsey v. State, 155 Fla. 159, 19 So.2d 706 (1944). The application for writ of error

Scott v. Wainwright

Court: Supreme Court of Florida | Date Filed: 1983-06-03

Citation: 433 So. 2d 974

Snippet: the use of diligence. Kinsey v. State, 155 Fla. 159, 19 So.2d 706 (1944). 371 So.2d at 484-85 (emphasis

Riley v. State

Court: Supreme Court of Florida | Date Filed: 1983-06-03

Citation: 433 So. 2d 976

Snippet: the use of diligence. Kinsey v. State, 155 Fla. 159, 19 So.2d 706 (1944). 371 So.2d at 484-85. The petition

Henzel v. State

Court: District Court of Appeal of Florida | Date Filed: 1980-11-04

Citation: 390 So. 2d 397, 1980 Fla. App. LEXIS 18117

Snippet: the use of diligence. Kinsey v. State, 155 Fla. 159,19 So.2d 706 (1944). In considering a petition for

Hallman v. State

Court: Supreme Court of Florida | Date Filed: 1979-03-15

Citation: 371 So. 2d 482

Snippet: the use of diligence. Kinsey v. State, 155 Fla. 159, 19 So.2d 706 (1944). In considering a petition for

Laytner v. State

Court: District Court of Appeal of Florida | Date Filed: 1970-10-06

Citation: 239 So. 2d 857, 1970 Fla. App. LEXIS 5867

Snippet: ground for Cr.PR relief. Kinsey v. State, 155 Fla. 159, 19 So.2d 706; Cayson v. State, Fla.App.1962, 139 So

State v. Drayton

Court: District Court of Appeal of Florida | Date Filed: 1969-08-27

Citation: 226 So. 2d 469

Snippet: F.2d 26, cert. denied, 389 U.S. 886, 88 S.Ct. 159, 19 L.Ed.2d 184; United States v. Wolfson, S.D.N.Y

Johnston v. State

Court: District Court of Appeal of Florida | Date Filed: 1965-09-09

Citation: 178 So. 2d 204

Snippet: 107 So. 535 (1926) and Kinsey v. State, 155 Fla. 159, 19 So.2d 706 (1944), and the cases therein cited.

Tilghman v. State

Court: Supreme Court of Florida | Date Filed: 1953-04-17

Citation: 64 So. 2d 555, 1953 Fla. LEXIS 1200

Snippet: so present same. See Kinsey v. State, 155 Fla. 159, 19 So.2d 706; Skipper v. Schumacker, 118 Fla. 867