CODING: Words stricken are deletions; words underlined are additions.
SENATE AMENDMENT
Bill No. CS for CS for SB 1566, 1st Eng.
Amendment No.
CHAMBER ACTION
Senate House
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11 Senators Kirkpatrick, Silver, and Gutman moved the following
12 amendment to amendment (553475):
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14 Senate Amendment (with title amendment)
15 On page 168, between lines 26 and 27,
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17 insert:
18 Section 71. Subsection (5) is added to section
19 218.503, Florida Statutes, to read:
20 218.503 Determination of financial emergency.--
21 (5)(a) The governing authority of any municipality
22 with a resident population of 300,000 or more on April 1,
23 1999, and which has been declared in a state of financial
24 emergency pursuant to this section within the previous 2
25 fiscal years may impose a discretionary per-vehicle surcharge
26 of up to 20 percent on the gross revenues of the sale, lease,
27 or rental of space at parking facilities within the
28 municipality that are open for use to the general public.
29 (b) A municipal governing authority that imposes the
30 surcharge authorized by this subsection may use the proceeds
31 of such surcharge for the following purposes only:
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SENATE AMENDMENT
Bill No. CS for CS for SB 1566, 1st Eng.
Amendment No.
1 1. No less than 60 percent and no more than 80 percent
2 of the surcharge proceeds shall be used by the governing
3 authority to reduce its ad valorem tax millage rate or to
4 reduce or eliminate non-ad valorem assessments.
5 2. A portion of the balance of the surcharge proceeds
6 shall be used by the governing authority to increase its
7 budget reserves; however, the governing authority shall not
8 reduce the amount it allocates for budget reserves from other
9 sources below the amount allocated for reserves in the fiscal
10 year prior to the year in which the surcharge is initially
11 imposed. When a 15 percent budget reserve is achieved, based
12 on the average gross revenue for the most recent 3 prior
13 fiscal years, the remaining proceeds from this subparagraph
14 shall be used for the payment of annual debt service related
15 to outstanding obligations backed or secured by a covenant to
16 budget and appropriate from non-ad valorem revenues.
17 (c) This subsection is repealed on June 30, 2006.
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19 (Redesignate subsequent sections.)
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22 ================ T I T L E A M E N D M E N T ===============
23 And the title is amended as follows:
24 On page 181, line 31, after the semicolon
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27 amending s. 218.503, F.S.; authorizing certain
28 municipalities to impose a discretionary
29 per-vehicle surcharge on the gross revenues of
30 the sale, lease, or rental of space at parking
31 facilities within the municipality that are
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SENATE AMENDMENT
Bill No. CS for CS for SB 1566, 1st Eng.
Amendment No.
1 open for use to the public; providing for use
2 of surcharge proceeds;
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