House Bill 3783e1

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                                          HB 3783, First Engrossed



  1                      A bill to be entitled

  2         An act relating to the Cigarette Tax Collection

  3         Trust Fund; amending s. 210.20, F.S.; providing

  4         for a portion of the revenues from the

  5         cigarette tax to be paid monthly to the Board

  6         of Directors of the H. Lee Moffitt Cancer and

  7         Research Institute, for the purpose of

  8         financing a cancer-research facility at the

  9         University of South Florida; providing duties

10         of the institute's board of directors;

11         providing for uses of the transferred moneys,

12         including the issuance of tax-exempt bonds, to

13         requiring the Board of Directors of the H. Lee

14         Moffitt Cancer Center and Research Institute to

15         administer funds, manage the project, provide

16         assistance during construction, and operate the

17         facility when complete; providing an effective

18         date.

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20  Be It Enacted by the Legislature of the State of Florida:

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22         Section 1.  Paragraph (c) is added to subsection (2) of

23  section 210.20, Florida Statutes, to read:

24         210.20  Employees and assistants; distribution of

25  funds.--

26         (2)  As collections are received by the division from

27  such cigarette taxes, it shall pay the same into a trust fund

28  in the State Treasury designated "Cigarette Tax Collection

29  Trust Fund" which shall be paid and distributed as follows:

30         (c)  Beginning January 1, 1999, and continuing for 10

31  years thereafter, the division shall from month to month


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                                          HB 3783, First Engrossed



  1  certify to the Comptroller the amount derived from the

  2  cigarette tax imposed by s. 210.02, less the service charges

  3  provided for in s. 215.20 and less 0.9 percent of the amount

  4  derived from the cigarette tax imposed by s. 210.02 which

  5  shall be deposited into the Alcoholic Beverage and Tobacco

  6  Trust Fund, specifying an amount equal to 2.59 percent of the

  7  net collections and that amount shall be paid to the Board of

  8  Directors of the H. Lee Moffitt Cancer Center and Research

  9  Institute, established under s. 240.512, by warrant drawn by

10  the Comptroller upon the State Treasury. These funds are

11  hereby appropriated monthly out of the Cigarette Tax

12  Collection Trust Fund, to be used for the purpose of

13  constructing, furnishing, and equipping a cancer-research

14  facility at the University of South Florida adjacent to the H.

15  Lee Moffitt Cancer Center and Research Institute.  In fiscal

16  years 1999-2000 and thereafter with the exception of fiscal

17  year 2008-2009, the appropriation to the H. Lee Moffit Cancer

18  Center and Research Institute authorized by this paragraph

19  shall not be less than the amount which would have been paid

20  to the H. Lee Moffitt Cancer Center and Research Institute for

21  fiscal year 1998-1999 had payments been made for the entire

22  fiscal year rather than for a six-month period thereof.

23         Section 2.  The Board of Directors of the H. Lee

24  Moffitt Cancer Center and Research Institute shall construct,

25  furnish, and equip, and shall covenant to complete, the

26  cancer-research facility at the University of South Florida

27  adjacent to the H. Lee Moffitt Cancer Center and Research

28  Institute.  Moneys transferred to the Board of Directors of

29  the H. Lee Moffitt Cancer Center and Research Institute shall

30  be used to secure financing to pay costs related to

31  constructing, furnishing, and equipping the cancer-research


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                                          HB 3783, First Engrossed



  1  facility.  Such financing may include the issuance of tax

  2  exempt bonds by a local authority, municipality or county

  3  pursuant to parts II and III of chapter 159.  Such bonds shall

  4  not constitute state bonds for purposes of s. 11, Art. VII, of

  5  the Florida Constitution, but shall constitute bonds of a

  6  "local agency," as defined in s. 159.27(4).

  7         Section 3.  This act shall take effect July 1, 1998.

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