BRADENTON, Fla. — The Florida Legislature will consider implementing the state’s first-ever intercept program designed to provide credit enhancement for municipal bonds.

Identical bills creating the Local Government Revenue Intercept Act have been filed: Senate Bill 1130, sponsored by Sen. Lee Constantine, R-Altamonte Springs, and House Bill 967, sponsored by Rep. Eduardo “Eddy” Gonzalez, R-Hialeah. The Legislature began its 60-day session on Tuesday.

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