Art. VII, § 16, Fla. Const. · Article VII. FINANCE AND TAXATION
Bonds for housing and related facilities.
Text — As revised in 1968 and subsequently amended (Online Sunshine, retrieved 2026-10-04)
(a) When authorized by law, revenue bonds may be issued without an election to finance or refinance housing and related facilities in Florida, herein referred to as “facilities.”
(b) The bonds shall be secured by a pledge of and shall be payable primarily from all or any part of revenues to be derived from the financing, operation or sale of such facilities, mortgage or loan payments, and any other revenues or assets that may be legally available for such purposes derived from sources other than ad valorem taxation, including revenues from other facilities, or any combination thereof, herein collectively referred to as “pledged revenues,” provided that in no event shall the full faith and credit of the state be pledged to secure such revenue bonds.
(c) No bonds shall be issued unless a state fiscal agency, created by law, has made a determination that in no state fiscal year will the debt service requirements of the bonds proposed to be issued and all other bonds secured by the same pledged revenues exceed the pledged revenues available for payment of such debt service requirements, as defined by law.
Notes and commentary — not constitutional text
History
Added, S.J.R. 6-E, 1980; adopted 1980.
Source of truth
- Edition
- As revised in 1968 and subsequently amended (Online Sunshine, retrieved 2026-10-04)
- Official file
- https://www.leg.state.fl.us/Statutes/index.cfm?Mode=Constitution&Submenu=3&Tab=statutes
- Text hash
- sha256 8079a409a55420eee6f805df9c55d0fe76f672040f2884c1101f5cd9d3b2c268
- Composed by
- compose_v2.py 2026-10-04: the Legislature's structured HTML read in document order; verify_v2.py's independent reading agrees character for character
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Cited by 3 provisions
Provisions in this library whose text cites Art. VII, § 16, Fla. Const.. Each shows the citation as that text prints it.
The Florida Statutes
Constitution of the State of Florida
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