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 and Wasserman Schultz offered the

12  following:

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14         Amendment (with title amendment) 

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

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17  insert:

18         Section 6.  Subsection (3) of section 199.292, Florida

19  Statutes, 1998 Supplement, is amended to read:

20         199.292  Disposition of intangible personal property

21  taxes.--All intangible personal property taxes collected

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

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

24  be disbursed as follows:

25         (3)  Of the remaining intangible personal property

26  taxes collected, an amount equal to 35.3 percent in state

27  fiscal year 1998-1999 and an amount equal to 51.2 37.7 percent

28  in each year thereafter, shall be transferred to the Revenue

29  Sharing Trust Fund for Counties. Of the remaining taxes

30  collected, an amount equal to 64.7 percent in state fiscal

31  year 1998-1999 and an amount equal to 48.8 62.3 percent in

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    File original & 9 copies    03/23/99
    hmo0006                     07:01 pm         01943-0119-915429




                                                   HOUSE AMENDMENT

                                                  Bill No. HB 1943

    Amendment No.     (for drafter's use only)





 1  each year thereafter, shall be transferred to the General

 2  Revenue Fund of the state.

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

 6  And the title is amended as follows:

 7         On page 1, line 22

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 9  after the semicolon insert:

10         amending s. 199.292, F.S.; increasing the

11         amount of intangible personal property tax

12         collections which are distributed to the

13         Revenue Sharing Trust Fund for counties;

14         decreasing the amount of intangible personal

15         property tax collections which are distributed

16         to the General Revenue Fund;

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    File original & 9 copies    03/23/99
    hmo0006                     07:01 pm         01943-0119-915429