SENATE AMENDMENT

    Bill No. CS for SB 318

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
                                   .
                                   .
 1                                 .
                                   .
 2                                 .
                                   .
 3                                 .
                                   .
 4                                                                

 5

 6

 7

 8

 9

10                                                                

11  Senator Carlton moved the following amendment:

12

13         Senate Amendment (with title amendment) 

14         On page 2, between lines 16 and 17,

15

16  insert:

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

18  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 35.3 percent in state

26  fiscal year 1998-1999 and an amount equal to 49.3 37.7 percent

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

28  Sharing Trust Fund for Counties. Of the remaining taxes

29  collected, an amount equal to 50.7 64.7 percent in state

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

31  each year thereafter, shall be transferred to the General

                                  1
    11:27 AM   03/23/99                             s0318c1c-24X9b




                                                  SENATE AMENDMENT

    Bill No. CS for SB 318

    Amendment No.    





 1  Revenue Fund of the state.

 2

 3  (Redesignate subsequent sections.)

 4

 5

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

 7  And the title is amended as follows:

 8         On page 1, line 8, after the semicolon

 9

10  insert:

11         amending s. 199.292, F.S.; revising percentages

12         of certain intangible personal property taxes

13         transferred to the Revenue Sharing Trust Fund

14         for Counties and the General Revenue Fund;

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

                                  2
    11:27 AM   03/23/99                             s0318c1c-24X9b