HOUSE AMENDMENT

                                                  Bill No. HB 1943

    Amendment No.     (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 5                                           ORIGINAL STAMP BELOW

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11  Representative(s) Cosgrove offered the following:

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13         Amendment (with title amendment) 

14         On page 6, between lines 20 and 21 of the bill

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16  insert:

17         Section 6.    Subsection (3) of section 199.292,

18  Florida Statutes, is amended to read:

19         199.292  Disposition of intangible personal property

20  taxes.--All intangible personal property taxes collected

21  pursuant to this chapter shall be placed in a special fund

22  designated as the "Intangible Tax Trust Fund." The fund shall

23  be disbursed as follows:

24         (3)  Of the remaining intangible personal property

25  taxes collected, an amount equal to 45.67 35.3 percent in

26  state fiscal year 1998-1999 and an amount equal to 37.7

27  percent in each year thereafter, shall be transferred to the

28  Revenue Sharing Trust Fund for Counties. Of the remaining

29  taxes collected, an amount equal to 54.33 64.7 percent in

30  state fiscal year 1998-1999 and an amount equal to 62.3

31  percent in each year thereafter, shall be transferred to the

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    File original & 9 copies    03/24/99
    hmo0008                     02:22 pm         01943-0119-423447




                                                   HOUSE AMENDMENT

                                                  Bill No. HB 1943

    Amendment No.     (for drafter's use only)





 1  General Revenue Fund of the state.

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 4  ================ T I T L E   A M E N D M E N T ===============

 5  And the title is amended as follows:

 6         On page 1, line 22

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 8  and insert after the semicolon:

 9         amending subsection (3) of s. 199.292, F.S.;

10         revising the percentage transferred to the

11         Revenue Sharing Trust Fund for Counties;

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    File original & 9 copies    03/24/99
    hmo0008                     02:22 pm         01943-0119-423447