---
type: "Bill"
title: "State University Unexpended Funds"
description: "State University Unexpended Funds; Authorizes state university to retain & report annual reserve balance exceeding specified amount; & authorizes state university's carry forward spending plan to include reserve fund to be used for authorized expenses in subsequent years."
jurisdiction: "us/states/fl"
legislature: "Florida Legislature"
session: "2024"
identifier: "HB 707"
citation: "Florida HB 707 (2024)"
classification: ["bill"]
subjects: []
status: "enacted"
chapter_law: "2024-124"
primary_sponsors: ["Silvers"]
version_count: 3
action_count: 44
vote_count: 2
first_action: "2023-12-04"
last_action: "2024-04-29"
source: "openstates"
source_identifier: "ocd-bill/2e62c33a-fa50-4d2b-953d-00b90d982821"
source_url: "https://flsenate.gov/Session/Bill/2024/707/ByCategory"
source_hash: "21187868ab634e8819e92cb1e9599ef49a6c56554f7aa613c050758e381687a4"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-fl"]
---

# Florida HB 707 (2024) — State University Unexpended Funds

State University Unexpended Funds; Authorizes state university to retain & report annual reserve balance exceeding specified amount; & authorizes state university's carry forward spending plan to include reserve fund to be used for authorized expenses in subsequent years.

**Enacted** — Laws of Florida, Chapter 2024-124.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **H 707 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2024/707/BillText/Filed/PDF)
2. **H 707 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2024/707/BillText/c1/PDF)
3. **H 707 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2024/707/BillText/er/PDF)

## Votes

- Third Reading — **35–0** (pass) · upper
- Passage, Third Reading — **115–1** (pass) · lower

## Sponsors

- Higher Education Appropriations Subcommittee — primary (organization)
- Silvers — primary (person)
- Driskell — cosponsor (person)
- López, J. — cosponsor (person)
- Mooney — cosponsor (person)
- Valdés — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2023-12-04** Filed `filing`
- **2023-12-19** Referred to Higher Education Appropriations Subcommittee `referral-committee`
- **2023-12-19** Referred to Postsecondary Education & Workforce Subcommittee `referral-committee`
- **2023-12-19** Referred to Appropriations Committee `referral-committee`
- **2023-12-19** Now in Higher Education Appropriations Subcommittee
- **2024-01-09** 1st Reading (Original Filed Version) `filing, reading-1`
- **2024-01-17** Added to Higher Education Appropriations Subcommittee agenda
- **2024-01-19** Favorable with CS by Higher Education Appropriations Subcommittee `committee-passage-favorable`
- **2024-01-19** Reported out of Higher Education Appropriations Subcommittee
- **2024-01-19** Laid on Table under Rule 7.18(a) `deferral`
- **2024-01-19** CS Filed `filing`
- **2024-01-22** Referred to Postsecondary Education & Workforce Subcommittee `referral-committee`
- **2024-01-22** Referred to Appropriations Committee `referral-committee`
- **2024-01-22** Now in Postsecondary Education & Workforce Subcommittee
- **2024-01-22** 1st Reading (Committee Substitute 1) `reading-1`
- **2024-01-23** Added to Postsecondary Education & Workforce Subcommittee agenda
- **2024-01-25** Favorable by Postsecondary Education & Workforce Subcommittee `committee-passage-favorable`
- **2024-01-26** Reported out of Postsecondary Education & Workforce Subcommittee
- **2024-01-26** Now in Appropriations Committee
- **2024-02-06** Added to Appropriations Committee agenda
- **2024-02-08** Favorable by Appropriations Committee `committee-passage-favorable`
- **2024-02-08** Reported out of Appropriations Committee
- **2024-02-08** Bill released to House Calendar
- **2024-02-08** Added to Second Reading Calendar
- **2024-02-22** Bill added to Special Order Calendar (2/27/2024)
- **2024-02-27** Read 2nd time `reading-2`
- **2024-02-27** Placed on 3rd reading `reading-3`
- **2024-02-27** Added to Third Reading Calendar
- **2024-02-28** Read 3rd time `reading-3`
- **2024-02-28** CS passed; YEAS 115, NAYS 1 `passage`
- **2024-02-28** In Messages
- **2024-02-28** Referred to Appropriations `referral-committee`
- **2024-02-28** Received `enrolled`
- **2024-03-01** Withdrawn from Appropriations `withdrawal`
- **2024-03-01** Placed on Calendar, on 2nd reading
- **2024-03-01** Substituted for CS/SB 1128
- **2024-03-01** Read 2nd time `reading-2`
- **2024-03-01** Read 3rd time `reading-3`
- **2024-03-01** CS passed; YEAS 35 NAYS 0 `passage`
- **2024-03-01** In Messages
- **2024-03-01** Ordered enrolled `enrolled`
- **2024-04-16** Signed by Officers and presented to Governor `executive-receipt`
- **2024-04-26** Approved by Governor `executive-signature`
- **2024-04-29** Chapter No. 2024-124

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/2e62c33a-fa50-4d2b-953d-00b90d982821`. Confidence: reported (aggregated from official Florida legislature records).