| 1 | Representative Kyle offered the following: |
| 2 |
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| 3 | Amendment (with title amendment) |
| 4 | Remove line(s) 17-32 and insert: |
| 5 | pursuant to this chapter, except for revenues derived from the |
| 6 | annual tax on a leasehold described in s. 199.023(1)(d), shall |
| 7 | be deposited into the General Revenue Fund. shall be placed in a |
| 8 | special fund designated as the "Intangible Tax Trust Fund." The |
| 9 | fund shall be disbursed as follows: |
| 10 | (1) Revenues derived from the annual tax on a leasehold |
| 11 | described in s. 199.023(1)(d) shall be returned to the local |
| 12 | school board for the county in which the property subject to the |
| 13 | leasehold is situated. |
| 14 | (2) There is hereby appropriated annually out of the fund |
| 15 | the amount necessary for the effective and efficient |
| 16 | administration and enforcement by the department of the |
| 17 | provisions of chapters 192, 193, 194, 195, 196, 197, and 198 and |
| 18 | this chapter. |
| 19 | (3) Of the remaining intangible personal property taxes |
| 20 | collected, the balance shall be transferred to the General |
| 21 | Revenue Fund of the state. |
| 22 |
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| 23 | ================ T I T L E A M E N D M E N T ============= |
| 24 | Remove line(s) 3-5, and insert: |
| 25 | requiring that proceeds of the intangible personal property tax |
| 26 | be deposited into the General Revenue Fund rather than a special |
| 27 | trust fund, excluding governmental leasehold taxes; terminating |
| 28 | the |