Senate Bill sb1880

    Florida Senate - 2005                                  SB 1880

    By Senator Saunders





    37-1455A-05

  1                      A bill to be entitled

  2         An act relating to the Save Our Everglades

  3         Trust Fund; providing legislative intent with

  4         respect to the need to expeditiously implement

  5         the Comprehensive Everglades Restoration Plan;

  6         amending s. 373.470, F.S.; removing obsolete

  7         provisions; directing the deposit of funds

  8         into the Save Our Everglades Trust Fund within

  9         the Department of Environmental Protection;

10         requiring that a portion of those funds be used

11         for land acquisition; providing an

12         appropriation; providing an effective date.

13  

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

15  

16         Section 1.  The Legislature finds that increases in

17  land prices and market competition for lands that are

18  appropriate for acquisition under the Comprehensive Everglades

19  Restoration Plan may increase overall costs or limit

20  implementation of the restoration of the Everglades.  The

21  Legislature intends that the restoration of the Everglades

22  under the comprehensive plan be implemented expeditiously to

23  avoid increasing land-acquisition costs and competition for

24  available lands.  As used in this section, the term

25  "Comprehensive Everglades Restoration Plan" or "comprehensive

26  plan" has the same meaning as "comprehensive plan" in section

27  373.470(2), Florida Statutes.

28         Section 2.  Paragraph (a) of subsection (5) of section

29  373.470, Florida Statutes, is amended to read:

30         373.470  Everglades restoration.--

31         (5)  SAVE OUR EVERGLADES TRUST FUND SUPPLEMENTED.--

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






    Florida Senate - 2005                                  SB 1880
    37-1455A-05




 1         (a)1.  For fiscal year 2000-2001, $50 million of state

 2  funds shall be deposited into the Save Our Everglades Trust

 3  Fund created by s. 373.472.

 4         1.2.  For each year of the 5 9 consecutive years

 5  beginning with fiscal year 2005-2006, $200 2001-2002, $75

 6  million of state funds shall be deposited into the Save Our

 7  Everglades Trust Fund created by s. 373.472; however, $100

 8  million of the deposit must be used solely to acquire lands

 9  for the comprehensive plan.

10         2.  The sum of $200 million is appropriated from the

11  General Revenue Fund to the Save Our Everglades Trust Fund for

12  the purpose of implementing this section.

13         3.  As an alternative to subparagraph 1. 2., proceeds

14  of bonds issued under s. 215.619 may be deposited into the

15  Save Our Everglades Trust Fund created under s. 373.472.  To

16  enhance flexibility, funds to be deposited into the Save Our

17  Everglades Trust Fund may consist of any combination of state

18  funds and Everglades restoration bonds.

19         Section 3.  This act shall take effect July 1, 2005.

20  

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22                          SENATE SUMMARY

23    Directs the deposit of funds into the Save Our Everglades
      Trust Fund within the Department of Environmental
24    Protection.  Provides an appropriation.

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