Senate Bill sb2212

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2004                                  SB 2212

    By Senator Jones





    42-1695-04                                          See HB 815

  1                      A bill to be entitled

  2         An act relating to community college student

  3         fees; amending s. 1009.23, F.S.; revising the

  4         amount of the fee for capital improvements,

  5         technology enhancements, or equipping student

  6         buildings; revising the allocation for certain

  7         child care centers; providing an effective

  8         date.

  9  

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

11  

12         Section 1.  Subsection (11) of section 1009.23, Florida

13  Statutes, is amended to read:

14         1009.23  Community college student fees.--

15         (11)  Each community college board of trustees may

16  establish a separate fee for capital improvements, technology

17  enhancements, or equipping student buildings which may not

18  exceed 10 percent of tuition for resident students or 10

19  percent of the sum of tuition and out-of-state fees for

20  nonresident students. The fee for resident students shall be

21  limited to an increase of $2 per credit hour over the prior

22  year $1 per credit hour or credit-hour equivalent for

23  residents and which equals or exceeds $3 per credit hour for

24  nonresidents. Funds collected by community colleges through

25  these fees may be bonded only for the purpose of financing or

26  refinancing new construction and equipment, renovation, or

27  remodeling of educational facilities. The fee shall be

28  collected as a component part of the tuition and fees, paid

29  into a separate account, and expended only to construct and

30  equip, maintain, improve, or enhance the educational

31  facilities of the community college. Projects funded through

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






    Florida Senate - 2004                                  SB 2212
    42-1695-04                                          See HB 815




 1  the use of the capital improvement fee shall meet the survey

 2  and construction requirements of chapter 1013. Pursuant to s.

 3  216.0158, each community college shall identify each project,

 4  including maintenance projects, proposed to be funded in whole

 5  or in part by such fee. Capital improvement fee revenues may

 6  be pledged by a board of trustees as a dedicated revenue

 7  source to the repayment of debt, including lease-purchase

 8  agreements and revenue bonds, with a term not to exceed 20

 9  years, and not to exceed the useful life of the asset being

10  financed, only for the new construction and equipment,

11  renovation, or remodeling of educational facilities. Community

12  colleges may use the services of the Division of Bond Finance

13  of the State Board of Administration to issue any bonds

14  authorized through the provisions of this subsection. Any such

15  bonds issued by the Division of Bond Finance shall be in

16  compliance with the provisions of the State Bond Act. Bonds

17  issued pursuant to the State Bond Act shall be validated in

18  the manner provided by chapter 75. The complaint for such

19  validation shall be filed in the circuit court of the county

20  where the seat of state government is situated, the notice

21  required to be published by s. 75.06 shall be published only

22  in the county where the complaint is filed, and the complaint

23  and order of the circuit court shall be served only on the

24  state attorney of the circuit in which the action is pending.

25  A maximum of 15 percent cents per credit hour may be allocated

26  from the capital improvement fee for child care centers

27  conducted by the community college.

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

29  law.

30  

31  

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