Florida Senate - 2014                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1634
       
       
       
       
       
       
                                Ì878364EÎ878364                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/23/2014           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Appropriations (Richter) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 220 and 221
    4  insert:
    5         Section 5. Subsection (6) of section 288.8013, Florida
    6  Statutes, is amended to read:
    7         288.8013 Triumph Gulf Coast, Inc.; Recovery Fund; creation;
    8  investment.—
    9         (6) The Auditor General shall conduct a performance an
   10  audit of the Recovery Fund and Triumph Gulf Coast, Inc.,
   11  annually. Triumph Gulf Coast, Inc., shall provide to the Auditor
   12  General any detail or supplemental data required.
   13         Section 6. Paragraph (a) of subsection (9) and subsection
   14  (3) of section 288.8014, Florida Statutes, are amended to read:
   15         288.8014 Triumph Gulf Coast, Inc.; organization; board of
   16  directors.—
   17         (3) Notwithstanding s. 20.052(4)(c), each initial
   18  appointment to the board of directors by the Trustees of the
   19  State Board of Administration shall serve for a term that ends 4
   20  years after the Legislature appropriates funds to the Recovery
   21  Fund. To achieve staggered terms among the members of the board,
   22  each initial appointment to the board of directors by the
   23  President of the Senate and the Speaker of the House of
   24  Representatives shall serve for a term that ends 5 years after
   25  the Legislature appropriates funds to the Recovery Fund.
   26  Thereafter, each member of the board of directors shall serve
   27  for a term of 4 years, except that initially the appointments of
   28  the President of the Senate and the Speaker of the House of
   29  Representatives each shall serve a term of 2 years to achieve
   30  staggered terms among the members of the board. A member is not
   31  eligible for reappointment to the board, except, however, any
   32  member appointed to fill a vacancy for a term of 2 years or less
   33  may be reappointed for an additional term of 4 years. The
   34  initial appointments to the board must be made by November 15,
   35  2013. Vacancies on the board of directors shall be filled by the
   36  officer who originally appointed the member. A vacancy that
   37  occurs before the scheduled expiration of the term of the member
   38  shall be filled for the remainder of the unexpired term.
   39         (9)(a) Triumph Gulf Coast, Inc., is permitted to hire or
   40  contract for all staff necessary to the proper execution of its
   41  powers and duties to implement this act. The corporation is
   42  required to retain:
   43         1. An independent certified public accountant licensed in
   44  this state pursuant to chapter 473 to inspect the records of and
   45  to annually audit the expenditure of the earnings and available
   46  principal disbursed by Triumph Gulf Coast, Inc.
   47         2. An independent financial advisor to assist Triumph Gulf
   48  Coast, Inc., in the development and implementation of a
   49  strategic plan consistent with the requirements of this act.
   50         3. An economic advisor who will assist in the award
   51  process, including the development of priorities, allocation
   52  decisions, and the application and process; will assist the
   53  board in determining eligibility of award applications and the
   54  evaluation and scoring of applications; and will assist in the
   55  development of award documentation.
   56         4. A legal advisor with expertise in not-for-profit
   57  investing and contracting and who is a member of The Florida Bar
   58  to assist with contracting and carrying out the intent of this
   59  act.
   60         Section 7. Subsection (7) of section 288.987, Florida
   61  Statutes, is amended to read:
   62         288.987 Florida Defense Support Task Force.—
   63         (7) The department shall contract with the task force for
   64  expenditure of appropriated funds, which may be used by the task
   65  force for economic and product research and development, joint
   66  planning with host communities to accommodate military missions
   67  and prevent base encroachment, advocacy on the state’s behalf
   68  with federal civilian and military officials, assistance to
   69  school districts in providing a smooth transition for large
   70  numbers of additional military-related students, job training
   71  and placement for military spouses in communities with high
   72  proportions of active duty military personnel, and promotion of
   73  the state to military and related contractors and employers. The
   74  task force may annually spend up to $250,000 $200,000 of funds
   75  appropriated to the department for the task force for staffing
   76  and administrative expenses of the task force, including travel
   77  and per diem costs incurred by task force members who are not
   78  otherwise eligible for state reimbursement.
   79  
   80  ================= T I T L E  A M E N D M E N T ================
   81  And the title is amended as follows:
   82         Delete line 15
   83  and insert:
   84         adopt rules; amending s. 288.8013, F.S.; clarifying
   85         that the Auditor General’s annual audit of the
   86         Recovery Fund and Triumph Gulf Coast, Inc., is a
   87         performance audit; amending s. 288.8014, F.S.;
   88         providing that terms of the initial appointments to
   89         the board of directors of Triumph Gulf Coast, Inc.,
   90         begin after the Legislature appropriates funds to the
   91         Recovery Fund; providing initial appointment term
   92         limits; providing that the audit by the retained
   93         independent certified public accountant is annual;
   94         amending 288.987, F.S.; increasing the amount of funds
   95         that may be spent on staffing and administrative
   96         expenses of the Florida Defense Support Task Force;
   97         amending 290.0411, F.S.; revising