| HOUSE AMENDMENT |
| Bill No. HB 23A |
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CHAMBER ACTION |
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Representative Russell offered the following: |
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Amendment (with title amendment) |
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Remove line(s) 1079-1089, and insert: |
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(5) For the 2003-2004 fiscal year only and notwithstanding |
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the provisions of this section and s. 339.09(1), the Department |
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of Transportation is authorized to loan the General Revenue Fund |
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up to $200 million for the purpose of mitigating losses to the |
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General Revenue Fund due to economic downturns. Any specific |
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appropriation vetoed by the Governor in the 2003-2004 General |
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Appropriations Act shall be used to repay loans to the General |
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Revenue Fund from the State Transportation Trust Fund. Such loan |
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may be comprised of several smaller loans made during the 2003- |
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2004 fiscal year. Notwithstanding ss. 206.46(3) and 206.606(2), |
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the total amount loaned shall be reduced from total state |
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revenues deposited into the State Transportation Trust Fund for |
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the calculation requirements of ss. 206.46(3) and 206.606(2). |
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This subsection expires July 1, 2004.
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================= T I T L E A M E N D M E N T ================= |
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Remove line(s) 107-109, and insert: |
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to reversion; amending s. 339.08, F.S.; authorizing a loan of |
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$200 million from the State Transportation Trust Fund to the |
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General Revenue Fund; reducing the amount loaned from certain |
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transportation calculation requirements; providing |