Florida Senate - 2005                      COMMITTEE AMENDMENT
    Bill No. SB 2642
                        Barcode 711346
                            CHAMBER ACTION
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11  The Committee on Commerce and Consumer Services (Saunders)
12  recommended the following amendment:
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14         Senate Amendment (with title amendment) 
15         Delete everything after the enacting clause
16  
17  and insert:  
18         Section 1.  Paragraph (d) of subsection (6) of section
19  212.20, Florida Statutes, is amended to read:
20         212.20  Funds collected, disposition; additional powers
21  of department; operational expense; refund of taxes
22  adjudicated unconstitutionally collected.--
23         (6)  Distribution of all proceeds under this chapter
24  and s. 202.18(1)(b) and (2)(b) shall be as follows:
25         (d)  The proceeds of all other taxes and fees imposed
26  pursuant to this chapter or remitted pursuant to s.
27  202.18(1)(b) and (2)(b) shall be distributed as follows:
28         1.  In any fiscal year, the greater of $500 million,
29  minus an amount equal to 4.6 percent of the proceeds of the
30  taxes collected pursuant to chapter 201, or 5 percent of all
31  other taxes and fees imposed pursuant to this chapter or
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Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SB 2642 Barcode 711346 1 remitted pursuant to s. 202.18(1)(b) and (2)(b) shall be 2 deposited in monthly installments into the General Revenue 3 Fund. 4 2. Two-tenths of one percent shall be transferred to 5 the Ecosystem Management and Restoration Trust Fund to be used 6 for water quality improvement and water restoration projects. 7 3. After the distribution under subparagraphs 1. and 8 2., 8.814 percent of the amount remitted by a sales tax dealer 9 located within a participating county pursuant to s. 218.61 10 shall be transferred into the Local Government Half-cent Sales 11 Tax Clearing Trust Fund. Beginning July 1, 2003, the amount to 12 be transferred pursuant to this subparagraph to the Local 13 Government Half-cent Sales Tax Clearing Trust Fund shall be 14 reduced by 0.1 percent, and the department shall distribute 15 this amount to the Public Employees Relations Commission Trust 16 Fund less $5,000 each month, which shall be added to the 17 amount calculated in subparagraph 4. and distributed 18 accordingly. 19 4. After the distribution under subparagraphs 1., 2., 20 and 3., 0.095 percent shall be transferred to the Local 21 Government Half-cent Sales Tax Clearing Trust Fund and 22 distributed pursuant to s. 218.65. 23 5. After the distributions under subparagraphs 1., 2., 24 3., and 4., 2.0440 percent of the available proceeds pursuant 25 to this paragraph shall be transferred monthly to the Revenue 26 Sharing Trust Fund for Counties pursuant to s. 218.215. 27 6. After the distributions under subparagraphs 1., 2., 28 3., and 4., 1.3409 percent of the available proceeds pursuant 29 to this paragraph shall be transferred monthly to the Revenue 30 Sharing Trust Fund for Municipalities pursuant to s. 218.215. 31 If the total revenue to be distributed pursuant to this 2 5:21 PM 04/11/05 s2642c-cm37-k0b
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SB 2642 Barcode 711346 1 subparagraph is at least as great as the amount due from the 2 Revenue Sharing Trust Fund for Municipalities and the former 3 Municipal Financial Assistance Trust Fund in state fiscal year 4 1999-2000, no municipality shall receive less than the amount 5 due from the Revenue Sharing Trust Fund for Municipalities and 6 the former Municipal Financial Assistance Trust Fund in state 7 fiscal year 1999-2000. If the total proceeds to be distributed 8 are less than the amount received in combination from the 9 Revenue Sharing Trust Fund for Municipalities and the former 10 Municipal Financial Assistance Trust Fund in state fiscal year 11 1999-2000, each municipality shall receive an amount 12 proportionate to the amount it was due in state fiscal year 13 1999-2000. 14 7. Of the remaining proceeds: 15 a. In each fiscal year, the sum of $29,915,500 shall 16 be divided into as many equal parts as there are counties in 17 the state, and one part shall be distributed to each county. 18 The distribution among the several counties shall begin each 19 fiscal year on or before January 5th and shall continue 20 monthly for a total of 4 months. If a local or special law 21 required that any moneys accruing to a county in fiscal year 22 1999-2000 under the then-existing provisions of s. 550.135 be 23 paid directly to the district school board, special district, 24 or a municipal government, such payment shall continue until 25 such time that the local or special law is amended or 26 repealed. The state covenants with holders of bonds or other 27 instruments of indebtedness issued by local governments, 28 special districts, or district school boards prior to July 1, 29 2000, that it is not the intent of this subparagraph to 30 adversely affect the rights of those holders or relieve local 31 governments, special districts, or district school boards of 3 5:21 PM 04/11/05 s2642c-cm37-k0b
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SB 2642 Barcode 711346 1 the duty to meet their obligations as a result of previous 2 pledges or assignments or trusts entered into which obligated 3 funds received from the distribution to county governments 4 under then-existing s. 550.135. This distribution specifically 5 is in lieu of funds distributed under s. 550.135 prior to July 6 1, 2000. 7 b. The department shall distribute $166,667 monthly 8 pursuant to s. 288.1162 to each applicant that has been 9 certified as a "facility for a new professional sports 10 franchise" or a "facility for a retained professional sports 11 franchise" pursuant to s. 288.1162; however, for each 12 applicant that has been certified as a "facility for a new 13 professional sports franchise" or a "facility for a retained 14 professional sports franchise" on or after January 1, 2005, 15 such distribution shall be $275,000 monthly. Up to $41,667 16 shall be distributed monthly by the department to each 17 applicant that has been certified as a "facility for a 18 retained spring training franchise" pursuant to s. 288.1162; 19 however, not more than $208,335 may be distributed monthly in 20 the aggregate to all certified facilities for a retained 21 spring training franchise. Distributions shall begin 60 days 22 following such certification and shall continue for not more 23 than 30 years. Nothing contained in this paragraph shall be 24 construed to allow an applicant certified pursuant to s. 25 288.1162 to receive more in distributions than actually 26 expended by the applicant for the public purposes provided for 27 in s. 288.1162(6). However, a certified applicant is entitled 28 to receive distributions up to the maximum amount allowable 29 and undistributed under this section for additional 30 renovations and improvements to the facility for the franchise 31 without additional certification. 4 5:21 PM 04/11/05 s2642c-cm37-k0b
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SB 2642 Barcode 711346 1 c. Beginning 30 days after notice by the Office of 2 Tourism, Trade, and Economic Development to the Department of 3 Revenue that an applicant has been certified as the 4 professional golf hall of fame pursuant to s. 288.1168 and is 5 open to the public, $166,667 shall be distributed monthly, for 6 up to 300 months, to the applicant. 7 d. Beginning 30 days after notice by the Office of 8 Tourism, Trade, and Economic Development to the Department of 9 Revenue that the applicant has been certified as the 10 International Game Fish Association World Center facility 11 pursuant to s. 288.1169, and the facility is open to the 12 public, $83,333 shall be distributed monthly, for up to 168 13 months, to the applicant. This distribution is subject to 14 reduction pursuant to s. 288.1169. A lump sum payment of 15 $999,996 shall be made, after certification and before July 1, 16 2000. 17 8. All other proceeds shall remain with the General 18 Revenue Fund. 19 Section 2. Paragraph (e) of subsection (4) of section 20 288.1162, Florida Statutes, is amended to read: 21 288.1162 Professional sports franchises; spring 22 training franchises; duties.-- 23 (4) Prior to certifying an applicant as a "facility 24 for a new professional sports franchise" or a "facility for a 25 retained professional sports franchise," the Office of 26 Tourism, Trade, and Economic Development must determine that: 27 (e) The applicant has an independent analysis or 28 study, verified by the Office of Tourism, Trade, and Economic 29 Development, which demonstrates that the amount of the 30 revenues generated by the taxes imposed under chapter 212 with 31 respect to the use and operation of the professional sports 5 5:21 PM 04/11/05 s2642c-cm37-k0b
Florida Senate - 2005 COMMITTEE AMENDMENT Bill No. SB 2642 Barcode 711346 1 franchise facility will equal or exceed the amount of the 2 annual distribution for which the applicant is eligible under 3 s. 212.20 $2 million annually. 4 Section 3. This act shall take effect upon becoming a 5 law. 6 7 8 ================ T I T L E A M E N D M E N T =============== 9 And the title is amended as follows: 10 Delete everything before the enacting clause 11 12 and insert: 13 A bill to be entitled 14 An act relating to facilities for professional 15 sports franchises; amending s. 212.20, F.S.; 16 increasing a monthly distribution of funds to 17 applicants certified as facilities for certain 18 professional sports franchises; amending s. 19 288.1162, F.S.; conforming certification 20 requirements to changes in distribution of 21 funds to applicants certified as facilities for 22 certain professional sports franchises; 23 providing an effective date. 24 25 26 27 28 29 30 31 6 5:21 PM 04/11/05 s2642c-cm37-k0b