Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. SJR 1292
                        Barcode 301814
                            CHAMBER ACTION
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11  The Committee on Commerce and Consumer Services (Crist)
12  recommended the following amendment:
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14         Senate Amendment (with title amendment) 
15         On page 1, line 23, through
16            page 2, line 20, delete those lines
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18  and insert:  
19                           ARTICLE VII
20                       FINANCE AND TAXATION
21         SECTION 19.  VOTER APPROVAL REQUIRED FOR PROFESSIONAL
22  SPORTS FACILITIES.--
23         (a)  No revenue of the state or any county, school
24  district, municipality, special district, or agency thereof
25  shall ever be taken from the public treasury directly or
26  indirectly in aid of any professional sports team, or to pay
27  for any facility used or intended to be used by any
28  professional sports team or for any professional sporting
29  event, unless approved by a vote of the electors of the state
30  or by the electors of the affected county, school district,
31  municipality, or special district. However, this section does
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    11:00 AM   04/12/05                            s1292c-cm12-c7t

Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SJR 1292 Barcode 301814 1 not prohibit the payment of funds for such purposes if such 2 payment was authorized before February 1, 2005. 3 (b) This section does not apply to agreements or 4 obligations that the legislative body of the governmental 5 issuer or obligor finds are entered into or incurred pursuant 6 to a finance plan to refund or restructure debt issued or 7 obligations originally incurred or authorized prior to 8 February 1, 2005, if such a plan is in the best financial 9 interests of the citizens of the governmental unit, and such 10 plan is expected to achieve an aggregate net savings of 11 revenue needed in the future for such purposes from the public 12 treasury. 13 BE IF FURTHER RESOLVED that the following statement be 14 placed on the ballot: 15 CONSTITUTIONAL AMENDMENT 16 ARTICLE VII, SECTION 19 17 VOTER APPROVAL REQUIRED FOR PUBLIC MONEYS TO BE USED IN 18 SUPPORT OF A PROFESSIONAL SPORTS TEAM, SPORTS FACILITY, OR 19 SPORTING EVENT.--Proposing an amendment to the State 20 Constitution to prohibit the use of public funds to aid, 21 directly or indirectly, any professional sports team, or to 22 pay for any facility used or intended to be used by any 23 professional sports team or for any professional sporting 24 event, unless approved by a vote of the electors of the state 25 or by the electors of the affected county, school district, 26 municipality, or special district, to exempt any such payment 27 of funds which was authorized before February 1, 2005, and to 28 exempt certain agreements or obligations entered into after 29 such date, relating to the restructuring or refunding of debt 30 or obligations entered into prior to that date. 31 2 11:00 AM 04/12/05 s1292c-cm12-c7t
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SJR 1292 Barcode 301814 1 ================ T I T L E A M E N D M E N T =============== 2 And the title is amended as follows: 3 On page 1, line 13, after the word "date" 4 5 insert: 6 and for certain agreements or obligations 7 entered into after such date under certain 8 circumstances 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 3 11:00 AM 04/12/05 s1292c-cm12-c7t