HB 0427 2004
   
1 A bill to be entitled
2          An act relating to cultural and historical preservation
3    funding; amending s. 15.09, F.S.; providing for deposit of
4    certain reinstatement fees, late fees, and penalties
5    collected by the Division of Corporations of the
6    Department of State into the Cultural Institutions Trust
7    Fund rather than the General Revenue Fund; providing for
8    disbursement of such revenues to fund cultural and
9    historical preservation grants and programs; providing an
10    effective date.
11         
12          Be It Enacted by the Legislature of the State of Florida:
13         
14          Section 1. Subsection (4) of section 15.09, Florida
15    Statutes, is amended to read:
16          15.09 Fees.--
17          (4)(a) Except as provided in paragraph (b),all funds
18    collected by the Division of Corporations of the department
19    shall be deposited in the General Revenue Fund.
20          (b) All reinstatement fees, late fees, and penalties
21    collected pursuant to ss. 607.0122(13), 607.1422(1),
22    607.1502(4), 607.193(2)(b), 617.0122(13), 617.1422(1), and
23    617.1623(1) shall be deposited in the Cultural Institutions
24    Trust Fund and disbursed each fiscal year as follows:
25          1. The sum of $2 million shall be transferred to the
26    Historical Resources Operating Trust Fund for the purpose of
27    funding historic preservation matching grants pursuant to s.
28    267.0617.
29          2. The sum of $1.75 million shall be transferred to the
30    Historical Resources Operating Trust Fund for the purpose of
31    funding historical museum grants pursuant to s. 267.0619.
32          3. The sum of $14.3 million shall be used for the purpose
33    of funding cultural grants as provided in ss. 265.2861, 265.608,
34    and 265.609.
35          4. Any remaining proceeds shall be used for the purpose of
36    providing state matching funds for the Cultural Endowment
37    Program as provided in s. 265.606.
38         
39          If proceeds fall below the amounts required to be disbursed in
40    subparagraphs 1.-3., the spending authority provided in this
41    paragraph for the Cultural Institutions Trust Fund and the
42    Historical Resources Operating Trust Fund shall be reduced
43    proportionally.
44          Section 2. This act shall take effect July 1, 2004.