{"data":{"id":"us-fl/fla.-stat.-159.706","jurisdiction":"us-fl","citation":"Fla. Stat. § 159.706","heading":"Grandfather clause.","body":"Each county designated as a research and development authority on June 30, 1979, or designated by the Board of Regents as a research and development authority prior to July 1, 2001, shall be entitled to continue to be designated and shall be accorded all powers conferred to designated authorities by ss. 159.701-159.7095, except that any authority not constituted and designated under the provisions of ss. 159.701-159.7095 shall be prohibited from exercising any power to issue revenue bonds or other debt obligations pursuant to s. 159.705(6) and (7).\nHistory.—s. 4, ch. 79-101; s. 19, ch. 2007-217.","path":["CHAPTER 159 BOND FINANCING"],"source_url":"https://www.leg.state.fl.us/statutes/index.cfm?App_mode=Display_Statute\u0026URL=0100-0199/0159/0159.html","current_through":"2026 Florida Statutes","vintage":"","retrieved_at":"2026-08-27T02:00:09Z","sha256":"22ed1941f654c22eb2f69a65bbbc903666d2dd240e5fd2917d5052a7ada4eeea","source_id":"us-fl","stale":false,"prev":"us-fl/fla.-stat.-159.7055","next":"us-fl/fla.-stat.-159.707"},"notice":"GroundRules: Original legal text. Not legal advice."}