CODING: Words stricken are deletions; words underlined are additions.
SENATE AMENDMENT
Bill No. HB 1353
Amendment No.
CHAMBER ACTION
Senate House
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11 Senator Casas moved the following amendment:
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13 Senate Amendment (with title amendment)
14 Delete everything after the enacting clause
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16 and insert:
17 Section 1. (1) The Sewage Treatment Revolving Loan
18 Fund within the Department of Environmental Protection, FLAIR
19 number 37-2-661, which was created by section 403.1835,
20 Florida Statutes, and which is to be terminated pursuant to
21 Section 19(f), Article III of the State Constitution on
22 November 4, 2000, is re-created and renamed the Wastewater
23 Treatment and Stormwater Management Revolving Loan Trust Fund.
24 (2) All current balances of the fund are carried
25 forward, and all current sources and uses of the fund are
26 continued.
27 Section 2. Paragraph (a) of subsection (9) and
28 subsection (10) of section 403.1835, Florida Statutes, 1998
29 Supplement, are amended to read:
30 403.1835 Sewage treatment facilities revolving loan
31 program.--
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SENATE AMENDMENT
Bill No. HB 1353
Amendment No.
1 (9) Funds for the loans and grants authorized under
2 this section must be managed as follows:
3 (a) A nonlapsing trust fund with revolving loan
4 provisions to be known as the "Wastewater Sewage Treatment and
5 Stormwater Management Revolving Loan Trust Fund" is hereby
6 established in the State Treasury to be used as a revolving
7 fund by the department to carry out the purpose of this
8 section. Any funds therein which are not needed on an
9 immediate basis for loans may be invested pursuant to s.
10 215.49. The cost of administering the program shall be paid
11 from federal funds, from reasonable service fees that may be
12 imposed upon loans, and from proceeds from the sale of loans
13 as permitted by federal law so as to enhance program
14 perpetuity. Grants awarded by the Federal Government, state
15 matching funds, and investment earnings thereon shall be
16 deposited into the fund. Proceeds from the sale of loans must
17 be deposited into the fund. All moneys available in the fund,
18 including investment earnings, are hereby designated to carry
19 out the purpose of this section. The principal and interest
20 payments of all loans held by the fund shall be deposited into
21 this fund.
22 (10) Because the Legislature has experienced revenue
23 shortfalls in recent years and has been unable to provide
24 enough funds to fully match available federal funds to help
25 capitalize the Wastewater Sewage Treatment and Stormwater
26 Management Revolving Loan Trust Fund, it is necessary for
27 innovative approaches to be considered to help capitalize the
28 revolving loan fund. The department shall evaluate potential
29 innovative approaches that can generate funds to match
30 available federal funds. The department may adopt approaches
31 that will help ensure the continuing viability of the
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SENATE AMENDMENT
Bill No. HB 1353
Amendment No.
1 Wastewater Sewage Treatment and Stormwater Management
2 Revolving Loan Trust Fund. The department shall consider,
3 among other possible alternatives, the option of implementing
4 by rule a program to allow local governments to offer funds
5 voluntarily to the state for use as a match to available
6 federal funds to capitalize the state sewage treatment
7 revolving loan fund.
8 Section 3. Section 403.1836, Florida Statutes, is
9 amended to read:
10 403.1836 Wastewater Sewage Treatment and Stormwater
11 Management Revolving Loan Trust Fund; stormwater management
12 system construction.--Each Beginning in fiscal year 1998-1999,
13 the Department of Environmental Protection shall make
14 available up to 10 percent of the annual revenue received in
15 the Wastewater Sewage Treatment and Stormwater Management
16 Revolving Loan Trust Fund for loans to local governmental
17 agencies for constructing stormwater management systems
18 authorized pursuant to s. 403.1835. During this period of
19 time, if the department does not receive requests for projects
20 to use the funds available for stormwater management systems,
21 such funds shall be used for constructing sewage treatment
22 facilities and other activities authorized by s. 403.1835.
23 Section 4. This act shall take effect November 4,
24 2000.
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28 And the title is amended as follows:
29 Delete everything before the enacting clause
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31 and insert:
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SENATE AMENDMENT
Bill No. HB 1353
Amendment No.
1 A bill to be entitled
2 An act relating to the re-creation of the
3 Sewage Treatment Revolving Loan Fund without
4 modification; re-creating and renaming the
5 fund; carrying forward current balances and
6 continuing current sources and uses thereof;
7 amending ss. 403.1835, 403.1836, F.S., to
8 conform; providing an effective date.
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10 WHEREAS, the Legislature wishes to extend the life of
11 the Sewage Treatment Revolving Loan Fund, which is otherwise
12 scheduled to be terminated pursuant to constitutional mandate,
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14 WHEREAS, the Legislature has reviewed the fund before
15 its scheduled termination date and has found that it continues
16 to meet an important public purpose, and
17 WHEREAS, the Legislature has found that existing public
18 policy concerning the fund sets adequate parameters for its
19 use, NOW, THEREFORE,
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