Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. SB 1070
                        Barcode 934308
                            CHAMBER ACTION
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11  The Committee on Community Affairs (Clary) recommended the
12  following amendment:
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14         Senate Amendment 
15         On page 6, lines 1-22, delete those lines
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17  and insert:  ticket sales, food services, utilities services,
18  space rentals, equipment rentals, security services,
19  decorating services, business services, advertising services,
20  communications services, exhibit supply sales and rentals,
21  locksmith services, and sales of gifts and sundries. The total
22  distribution to each unit of local government shall not exceed
23  $1 million per state fiscal year. However, total distributions
24  to all units of local government shall not exceed $5 million
25  per state fiscal year, and such distribution shall be limited
26  exclusively to the taxes collected and remitted under the
27  provisions of this chapter. If collections and remittances of
28  eligible convention centers exceed the $5 million maximum
29  amount authorized for distribution, the department shall
30  distribute proceeds to each eligible unit of local government
31  using an apportionment factor, the numerator of which is the
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    11:53 AM   04/11/05                            s1070b-ca04-bz1

Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SB 1070 Barcode 934308 1 amount remitted by an eligible convention center and the 2 denominator is the total amount remitted by all eligible 3 convention centers. The apportionment factor for each eligible 4 convention center shall be applied to the $5 million maximum 5 amount authorized for distribution to determine the amount 6 that shall be distributed to each local government unit. The 7 department shall prescribe forms required to be filed with the 8 department by eligible convention centers. Distributions shall 9 begin 60 days following notification of certification by the 10 Office of Tourism, Trade, and Economic Development pursuant to 11 s. 288.1171. Distributions shall be used solely to encourage 12 and provide economic development for the attraction, 13 recruitment, and retention of corporate headquarters and of 14 high-technology, manufacturing, research and development, 15 entertainment, and tourism industries as designated by the 16 unit of local government by resolution of its governing body, 17 and to assist the eligible convention centers to attract more 18 business and expand their offerings, including developing 19 their own events and shows. This sub-subparagraph is repealed 20 effective June 30, 2008. 21 22 23 24 25 26 27 28 29 30 31 2 11:53 AM 04/11/05 s1070b-ca04-bz1