Senate Bill sb1420c2
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    Florida Senate - 2004                    CS for CS for SB 1420
    By the Committees on Natural Resources; Agriculture; and
    Senator Dockery
    312-2268-04
  1                      A bill to be entitled
  2         An act relating to rural land protection;
  3         amending s. 570.70, F.S.; providing conclusions
  4         of a study by the Department of Agriculture and
  5         Consumer Services; amending s. 201.15, F.S.;
  6         providing for the distribution of certain
  7         excise taxes on documents to the Rural Lands
  8         Program Trust Fund of the department; creating
  9         s. 215.6195, F.S.; authorizing the issuance of
10         bonds for rural land protection; providing
11         certain conditions; providing for the deposit
12         of proceeds; providing that issuance of such
13         bonds is in the best interests of the state;
14         amending s. 570.207, F.S.; providing uses for
15         funds in the Conservation and Recreation Lands
16         Program Trust Fund; amending s. 570.71, F.S.;
17         authorizing the use of rural land protection
18         bonds to implement provisions relating to
19         conservation and rural land protection
20         easements and agreements; authorizing the
21         Department of Agriculture and Consumer Services
22         to grant municipalities and local governments
23         moneys to acquire land, enter into resource
24         conservation agreements, and undertake other
25         related activities; providing for conservation
26         easements to be held in the name of a local
27         government; providing a contingent effective
28         date.
29  
30  Be It Enacted by the Legislature of the State of Florida:
31  
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    Florida Senate - 2004                    CS for CS for SB 1420
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 1         Section 1.  Section 570.70, Florida Statutes, is
 2  amended to read:
 3         570.70  Legislative findings; study.--
 4         (1)  The Legislature finds and declares that:
 5         (a)(1)  A thriving rural economy with a strong
 6  agricultural base, healthy natural environment, and viable
 7  rural communities is an essential part of Florida. Rural areas
 8  also include the largest remaining intact ecosystems and best
 9  examples of remaining wildlife habitats as well as a majority
10  of privately owned land targeted by local, state, and federal
11  agencies for natural resource protection.
12         (b)(2)  The growth of Florida's population can result
13  in agricultural and rural lands being converted into
14  residential or commercial development.
15         (c)(3)  The agricultural, rural, natural resource, and
16  commodity values of rural lands are vital to the state's
17  economy, productivity, rural heritage, and quality of life.
18         (d)(4)  There is The Legislature further recognizes the
19  need for enhancing the ability of rural landowners to obtain
20  economic value from their property, protecting rural
21  character, controlling urban sprawl, and providing necessary
22  open space for agriculture and the natural environment, and
23  the importance of maintaining and protecting Florida's rural
24  economy through innovative planning and development strategies
25  in rural areas and the use of incentives that reward
26  landowners for good stewardship of land and natural resources.
27         (e)(5)  The purpose of this act is to bring under
28  public protection lands that serve to limit subdivision and
29  conversion of agricultural and natural areas that provide
30  economic, open space, water, and wildlife benefits by
31  acquiring land or related interests in land such as perpetual,
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    Florida Senate - 2004                    CS for CS for SB 1420
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 1  less-than-fee acquisitions, agricultural protection
 2  agreements, and resource conservation agreements and
 3  innovative planning and development strategies in rural areas.
 4         (2)  A study conducted by the department to determine
 5  and prioritize needs for implementing the provisions of this
 6  section and s. 570.71 concluded the following:
 7         (a)  Between 1964 and 1997, this state lost nearly 5
 8  million acres of valuable agricultural land, with most of the
 9  loss involving ranch and forest lands.
10         (b)  This state currently has 9,114,000 acres of
11  agricultural land with natural resource attributes, including
12  groundwater recharge, natural floodplain, and significant
13  species habitat, and more than 900,000 acres of this land will
14  be converted to other uses within a decade.
15         (c)  The objective of a program to protect agricultural
16  land with natural resource value through conservation
17  easements and other tools should be protection of 1 acre for
18  every acre lost.
19         Section 2.  Paragraph (d) of subsection (1) of section
20  201.15, Florida Statutes, is amended to read:
21         201.15  Distribution of taxes collected.--All taxes
22  collected under this chapter shall be distributed as follows
23  and shall be subject to the service charge imposed in s.
24  215.20(1), except that such service charge shall not be levied
25  against any portion of taxes pledged to debt service on bonds
26  to the extent that the amount of the service charge is
27  required to pay any amounts relating to the bonds:
28         (1)  Sixty-two and sixty-three hundredths percent of
29  the remaining taxes collected under this chapter shall be used
30  for the following purposes:
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    Florida Senate - 2004                    CS for CS for SB 1420
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 1         (d)  The remainder of the moneys distributed under this
 2  subsection, after the required payments under paragraphs (a),
 3  (b), and (c), shall be paid into the State Treasury to the
 4  credit of the General Revenue Fund of the state to be used and
 5  expended for the purposes for which the General Revenue Fund
 6  was created and exists by law, or to the Ecosystem Management
 7  and Restoration Trust Fund or to the Marine Resources
 8  Conservation Trust Fund as provided in subsection (11), or to
 9  the Rural Lands Program Trust Fund of the Department of
10  Agriculture and Consumer Services pursuant to s. 215.6195.
11  Moneys available under this paragraph shall first be used to
12  pay debt service due on any rural land protection bond or to
13  make any other payments required pursuant to the bond
14  documents authorizing the issuance before such moneys are used
15  for other purposes authorized by this paragraph.
16         Section 3.  Section 215.6195, Florida Statutes, is
17  created to read:
18         215.6195  Bonds for rural land protection.--
19         (1)  The issuance of rural land protection bonds is
20  authorized. The rural land protection bonds may be issued over
21  the next 10 fiscal years commencing on July 1, 2004, in an
22  amount not exceeding $50 million in any fiscal year, subject
23  to the provisions of s. 570.71 and pursuant to s. 11(e), Art.
24  VII of the State Constitution. The duration of each series of
25  bonds issued may not exceed 20 annual maturities. Except for
26  refunding bonds, a series of bonds may not be issued unless an
27  amount equal to the debt service coming due in the year of
28  issuance has been specifically appropriated in the General
29  Appropriations Act.
30         (2)  The state covenants with the holders of rural land
31  protection bonds that it will not take any action that will
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    Florida Senate - 2004                    CS for CS for SB 1420
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 1  materially and adversely affect the rights of such holders so
 2  long as the bonds are outstanding, including, but not limited
 3  to, a reduction in the portion of documentary stamp taxes
 4  distributable to the Rural Lands Program Trust Fund of the
 5  Department of Agriculture and Consumer Services for payment of
 6  debt service.
 7         (3)  Bonds issued pursuant to this section shall be
 8  payable from taxes distributable to the Rural Lands Program
 9  Trust Fund of the Department of Agriculture and Consumer
10  Services pursuant to s. 201.15(1)(d). Bonds issued pursuant to
11  this section do not constitute a general obligation of, or a
12  pledge of the full faith and credit of, the state.
13         (4)  The Department of Agriculture and Consumer
14  Services shall request the Division of Bond Finance of the
15  State Board of Administration to issue the rural land
16  protection bonds authorized by this section. The Division of
17  Bond Finance shall issue such bonds pursuant to the State Bond
18  Act.
19         (5)  The proceeds from the sale of bonds issued
20  pursuant to this section, less the costs of issuance, the
21  costs of funding reserve accounts, and other costs with
22  respect to the bonds, shall be deposited into the Conservation
23  and Recreation Lands Program Trust Fund of the Department of
24  Agriculture and Consumer Services as provided in s. 570.71.
25         (6)  There shall be no sale, disposition, lease,
26  easement, license, or other use of any land, water areas, or
27  related property interests acquired or improved with proceeds
28  of rural land protection bonds which would cause all or any
29  portion of the interest of such bonds to lose the exclusion
30  from gross income for federal income tax purposes.
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    Florida Senate - 2004                    CS for CS for SB 1420
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 1         (7)  The initial series of rural land protection bonds
 2  shall be validated in addition to any other bonds required to
 3  be validated pursuant to s. 215.82. Any complaint for
 4  validation of bonds issued pursuant to this section shall be
 5  filed only in the circuit court of the county where the seat
 6  of state government is situated, the notice required to be
 7  published by s. 75.06 shall be published only in the county
 8  where the complaint is filed, and the complaint and order of
 9  the circuit court shall be served only on the state attorney
10  of the circuit in which the action is pending.
11         Section 4.  In accordance with section 215.98(1),
12  Florida Statutes, the Legislature determines that the issuance
13  of rural land protection bonds under section 3 of this act is
14  in the best interest of the state and should be implemented.
15         Section 5.  Subsection (1) of section 570.207, Florida
16  Statutes, is amended to read:
17         570.207  Conservation and Recreation Lands Program
18  Trust Fund of the Department of Agriculture and Consumer
19  Services.--
20         (1)  There is created a Conservation and Recreation
21  Lands Program Trust Fund within the Department of Agriculture
22  and Consumer Services. The purpose of the trust fund is to
23  provide for the management of conservation and recreation
24  lands by the department and to fund the Rural and Family Lands
25  Protection Act created in ss. 570.70 and 570.71. The
26  department is authorized to use not more than one-half of 1
27  percent of the bond proceeds deposited into the trust fund for
28  administrative purposes. Funds may be appropriated to the
29  trust fund from the Conservation and Recreation Lands Trust
30  Fund in the Department of Environmental Protection, as created
31  by s. 259.032(2), or from such other sources as the
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 1  Legislature may determine for the management of conservation
 2  and recreation lands by the department. Additionally, subject
 3  to the provisions of s. 11(e), Art. VII of the State
 4  Constitution, the department may use bond proceeds deposited
 5  pursuant to s. 215.6195 and funds from such other sources as
 6  the Legislature determines for the acquisition of conservation
 7  easements and rural land protection easements and for funding
 8  agricultural protection agreements and resource conservation
 9  agreements pursuant to s. 570.71.
10         Section 6.  Subsection (12) of section 570.71, Florida
11  Statutes, is amended, and subsection (15) is added to that
12  section, to read:
13         570.71  Conservation easements and agreements.--
14         (12)  The department is authorized to use funds from
15  the following sources to implement this act:
16         (a)  State funds;
17         (b)  Rural land protection bonds as authorized by s.
18  215.6195;
19         (c)(b)  Federal funds;
20         (d)(c)  Other governmental entities;
21         (e)(d)  Nongovernmental organizations; or
22         (f)(e)  Private individuals.
23  
24  Any such funds provided shall be deposited into the
25  Conservation and Recreation Lands Program Trust Fund within
26  the Department of Agriculture and Consumer Services and used
27  for the purposes of this act.
28         (15)  The department is authorized to grant
29  municipalities and counties a portion of moneys available for
30  the purposes of this section to acquire perpetual,
31  less-than-fee interest in land, to enter into agricultural
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    Florida Senate - 2004                    CS for CS for SB 1420
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 1  protection agreements, and to enter into resource conservation
 2  agreements, as defined by and for the public purposes set
 3  forth in this section. The department shall adopt rules that
 4  provide for a grants program to fund local government
 5  acquisition projects that are consistent with the appropriate
 6  local government comprehensive plan and that encourage the use
 7  of matching federal and local government funding to acquire
 8  conservation easements, agricultural protection agreements,
 9  and resource protection agreements. The department is
10  authorized to enter management agreements with municipalities
11  and counties for the purpose of administering resource
12  conservation agreements and agricultural protection
13  agreements. Conservation easements purchased by local
14  governments under this subsection may be held in the name of
15  the local government.
16         Section 7.  This act shall take effect July 1, 2004, if
17  Senate Bill 1436, or similar legislation creating the Rural
18  Lands Program Trust Fund, is adopted in the same legislative
19  session or an extension thereof and becomes law.
20  
21          STATEMENT OF SUBSTANTIAL CHANGES CONTAINED IN
                       COMMITTEE SUBSTITUTE FOR
22                     CS for Senate Bill 1420
23                                 
24  The committee substitute substantially changes the CS for
    Senate Bill 1420 by authorizing the issuance of up to $50
25  million in bonds each year for 10 years to fund the Rural and
    Family Lands Protection Act created by the Legislature during
26  the 2001 Regular Session.
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