House Bill hb1367

    Florida House of Representatives - 2001                HB 1367

        By Representative Gottlieb






  1                      A bill to be entitled

  2         An act relating to local government; amending

  3         s. 218.503, F.S.; revising provisions which

  4         authorize certain municipalities which have

  5         been declared in a state of financial emergency

  6         to impose a per-vehicle surcharge on revenues

  7         from the sale or rental of space at parking

  8         facilities; revising a requirement relating to

  9         such municipality's population; revising the

10         authorized uses of surcharge proceeds; removing

11         the future repeal of such provisions; providing

12         an effective date.

13

14  Be It Enacted by the Legislature of the State of Florida:

15

16         Section 1.  Subsection (5) of section 218.503, Florida

17  Statutes, is amended to read:

18         218.503  Determination of financial emergency.--

19         (5)(a)  The governing authority of any municipality

20  with a resident population of 300,000 or more on April 1,

21  1999, and which has been declared in a state of financial

22  emergency pursuant to this section within the previous 2

23  fiscal years may impose a discretionary per-vehicle surcharge

24  of up to 20 percent on the gross revenues of the sale, lease,

25  or rental of space at parking facilities within the

26  municipality that are open for use to the general public.

27         (b)  A municipal governing authority that imposes the

28  surcharge authorized by this subsection may use the proceeds

29  of such surcharge for the following purposes only:

30         1.  No less than 60 percent and no more than 80 percent

31  of the surcharge proceeds shall be used by the governing

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CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 2001                HB 1367

    592-129-01






  1  authority to facilitate economic growth by contributing to the

  2  development of public facilities, to reduce its ad valorem tax

  3  millage rate, or to reduce or eliminate non-ad valorem

  4  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.

18         Section 2.  This act shall take effect upon becoming a

19  law.

20

21            *****************************************

22                          HOUSE SUMMARY

23
      Revises provisions which authorize certain municipalities
24    which have been declared in a state of financial
      emergency to impose a per-vehicle surcharge on revenues
25    from the sale or rental of space at parking facilities.
      Revises a requirement relating to such municipality's
26    population. Revises the authorized uses of surcharge
      proceeds. Removes the June 30, 2006, repeal of such
27    provisions.

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CODING: Words stricken are deletions; words underlined are additions.