Florida Senate - 2014 SENATOR AMENDMENT Bill No. HB 5601 Ì889648dÎ889648 LEGISLATIVE ACTION Senate . House . . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Senator Montford moved the following: 1 Senate Amendment to Amendment (965938) (with title 2 amendment) 3 4 Between lines 825 and 826 5 insert: 6 Section 16. Paragraph (c) of subsection (6) of section 7 212.055, Florida Statutes, is amended to read: 8 212.055 Discretionary sales surtaxes; legislative intent; 9 authorization and use of proceeds.—It is the legislative intent 10 that any authorization for imposition of a discretionary sales 11 surtax shall be published in the Florida Statutes as a 12 subsection of this section, irrespective of the duration of the 13 levy. Each enactment shall specify the types of counties 14 authorized to levy; the rate or rates which may be imposed; the 15 maximum length of time the surtax may be imposed, if any; the 16 procedure which must be followed to secure voter approval, if 17 required; the purpose for which the proceeds may be expended; 18 and such other requirements as the Legislature may provide. 19 Taxable transactions and administrative procedures shall be as 20 provided in s. 212.054. 21 (6) SCHOOL CAPITAL OUTLAY SURTAX.— 22 (c) The resolution providing for the imposition of the 23 surtax must
shallset forth a plan for using use ofthe surtax 24 proceeds for fixed capital expenditures or fixed capital costs 25 associated with the construction, reconstruction, or improvement 26 of school facilities and campuses that whichhave a useful life 27 expectancy of 5 or more years, and any land acquisition, land 28 improvement, design, and engineering costs related thereto; and 29 for buses that have a life expectancy of at least 5 years and 30 the equipment necessary to outfit such buses for official use. 31 Additionally, the plan must shallinclude the costs of 32 retrofitting and providing for technology implementation, 33 including hardware and software, for the various sites within 34 the school district. Surtax revenues may be used for the purpose 35 of servicing bond indebtedness to finance projects authorized by 36 this subsection, and any interest accrued thereto may be held in 37 trust to finance such projects. Neither the proceeds of the 38 surtax nor any interest accrued thereto may shallbe used for 39 operational expenses. 40 41 ================= T I T L E A M E N D M E N T ================ 42 And the title is amended as follows: 43 Between lines 1418 and 1419 44 insert: 45 215.055, F.S.; providing that the discretionary school 46 capital outlay surtax may be used for buses and the 47 equipment to outfit such buses; amending s.