Senate Bill sb2360

CODING: Words stricken are deletions; words underlined are additions.
    Florida Senate - 2007                                  SB 2360

    By Senator Storms





    10-1475-07

  1                      A bill to be entitled

  2         An act relating to cigarette taxes; amending s.

  3         210.20, F.S.; providing for a portion of the

  4         revenues from the cigarette tax to be paid

  5         monthly to the Board of Directors of the H. Lee

  6         Moffitt Cancer Center and Research Institute,

  7         to finance cancer research, treatment, and

  8         related facilities; amending s. 210.201, F.S.;

  9         providing for the use of the transferred

10         moneys; providing an effective date.

11  

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

13  

14         Section 1.  Paragraph (b) of subsection (2) of section

15  210.20, Florida Statutes, is amended to read:

16         210.20  Employees and assistants; distribution of

17  funds.--

18         (2)  As collections are received by the division from

19  such cigarette taxes, it shall pay the same into a trust fund

20  in the State Treasury designated "Cigarette Tax Collection

21  Trust Fund" which shall be paid and distributed as follows:

22         (b)1.  Beginning January 1, 1999, and continuing for 10

23  years thereafter, the division shall from month to month

24  certify to the Chief Financial Officer the amount derived from

25  the cigarette tax imposed by s. 210.02, less the service

26  charges provided for in s. 215.20 and less 0.9 percent of the

27  amount derived from the cigarette tax imposed by s. 210.02,

28  which shall be deposited into the Alcoholic Beverage and

29  Tobacco Trust Fund, specifying an amount equal to 2.59 percent

30  of the net collections, and that amount shall be paid to the

31  Board of Directors of the H. Lee Moffitt Cancer Center and

                                  1

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






    Florida Senate - 2007                                  SB 2360
    10-1475-07




 1  Research Institute, established under s. 1004.43, by warrant

 2  drawn by the Chief Financial Officer upon the State Treasury.

 3  These funds are hereby appropriated monthly out of the

 4  Cigarette Tax Collection Trust Fund, to be used for the

 5  purpose of constructing, furnishing, and equipping a cancer

 6  research facility at the University of South Florida adjacent

 7  to the H. Lee Moffitt Cancer Center and Research Institute. In

 8  fiscal years 1999-2000 and thereafter with the exception of

 9  fiscal year 2008-2009, the appropriation to the H. Lee Moffitt

10  Cancer Center and Research Institute authorized by this

11  subparagraph shall not be less than the amount that would have

12  been paid to the H. Lee Moffitt Cancer Center and Research

13  Institute for fiscal year 1998-1999 had payments been made for

14  the entire fiscal year rather than for a 6-month period

15  thereof.

16         2.  Beginning July 1, 2002, and continuing through June

17  30, 2004, the division shall, in addition to the distribution

18  authorized in subparagraph 1., from month to month certify to

19  the Chief Financial Officer the amount derived from the

20  cigarette tax imposed by s. 210.02, less the service charges

21  provided for in s. 215.20 and less 0.9 percent of the amount

22  derived from the cigarette tax imposed by s. 210.02, which

23  shall be deposited into the Alcoholic Beverage and Tobacco

24  Trust Fund, specifying an amount equal to 0.2632 percent of

25  the net collections, and that amount shall be paid to the

26  Board of Directors of the H. Lee Moffitt Cancer Center and

27  Research Institute, established under s. 1004.43, by warrant

28  drawn by the Chief Financial Officer. Beginning July 1, 2004,

29  and continuing through June 30, 2016, the division shall, in

30  addition to the distribution authorized in subparagraph 1.,

31  from month to month certify to the Chief Financial Officer the

                                  2

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






    Florida Senate - 2007                                  SB 2360
    10-1475-07




 1  amount derived from the cigarette tax imposed by s. 210.02,

 2  less the service charges provided for in s. 215.20 and less

 3  0.9 percent of the amount derived from the cigarette tax

 4  imposed by s. 210.02, which shall be deposited into the

 5  Alcoholic Beverage and Tobacco Trust Fund, specifying an

 6  amount equal to 1.47 percent of the net collections, and that

 7  amount shall be paid to the Board of Directors of the H. Lee

 8  Moffitt Cancer Center and Research Institute, established

 9  under s. 1004.43, by warrant drawn by the Chief Financial

10  Officer. These funds are appropriated monthly out of the

11  Cigarette Tax Collection Trust Fund, to be used for the

12  purpose of constructing, furnishing, and equipping a cancer

13  research facility at the University of South Florida adjacent

14  to the H. Lee Moffitt Cancer Center and Research Institute. In

15  fiscal years 2004-2005 and thereafter, the appropriation to

16  the H. Lee Moffitt Cancer Center and Research Institute

17  authorized by this subparagraph shall not be less than the

18  amount that would have been paid to the H. Lee Moffitt Cancer

19  Center and Research Institute in fiscal year 2001-2002, had

20  this subparagraph been in effect.

21         3.  Beginning on July 1, 2007, and continuing through

22  January 1, 2009, the division shall, in addition to the

23  distribution authorized in subparagraphs 1. and 2., from month

24  to month certify to the Chief Financial Officer the amount

25  derived from the cigarette tax imposed by s. 210.02, less the

26  service charges provided in s. 215.20 and less 0.9 percent of

27  the amount derived from the cigarette tax imposed by s.

28  210.02, which shall be deposited into the Alcoholic Beverage

29  and Tobacco Trust Fund, specifying an amount equal to 0.94

30  percent of the net collections, and that amount shall be paid

31  to the Board of Directors of the H. Lee Moffitt Cancer Center

                                  3

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






    Florida Senate - 2007                                  SB 2360
    10-1475-07




 1  and Research Institute, established under s. 240.512, by

 2  warrant drawn by the Chief Financial Officer. Beginning

 3  January 1, 2009, and continuing through June 30, 2016, the

 4  division shall, in addition to the distribution authorized in

 5  subparagraph 2., from month to month certify to the Chief

 6  Financial Officer the amount derived from the cigarette tax

 7  imposed by s. 210.02, less the service charges provided in s.

 8  215.20 and less 0.9 percent of the amount derived from the

 9  cigarette tax imposed by s. 210.02, which shall be deposited

10  into the Alcoholic Beverage and Tobacco Trust Fund, specifying

11  an amount equal to 3.53 percent of the net collections, and

12  that amount shall be paid to the Board of Directors of the H.

13  Lee Moffitt Cancer Center and Research Institute by warrant

14  drawn by the Chief Financial Officer. Beginning on July 1,

15  2016, and continuing through June 30, 2037, the division shall

16  from month to month certify to the Chief Financial Officer the

17  amount derived from the cigarette tax imposed by s. 210.02,

18  less the service charges provided in s. 215.20 and less 0.9

19  percent of the amount derived from the cigarette tax imposed

20  by s. 210.02, which shall be deposited into the Alcoholic

21  Beverage and Tobacco Trust Fund, specifying an amount equal to

22  5 percent of the net collections, and that amount shall be

23  paid to the Board of Directors of the H. Lee Moffitt Cancer

24  Center and Research Institute by warrant drawn by the Chief

25  Financial Officer. These funds are appropriated monthly out of

26  the Cigarette Tax Collection Trust Fund, to be used for the

27  purpose of constructing, furnishing, and equipping cancer

28  research, treatment, and related facilities. In the 2007-2008

29  fiscal year and thereafter, the appropriation authorized by

30  this subparagraph may not be less than the amount that would

31  have been paid to the H. Lee Moffitt Cancer Center and

                                  4

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






    Florida Senate - 2007                                  SB 2360
    10-1475-07




 1  Research Institute in the 2005-2006 fiscal year had this

 2  subparagraph been in effect. The funds to be paid to the H.

 3  Lee Moffitt Cancer Center and Research Institute under this

 4  section may be pledged to pay bonds issued to fund the cost of

 5  the cancer research and treatment facilities described above.

 6  It is the intent of the Legislature that to the extent the

 7  cigarette tax is amended or repealed in a manner that would

 8  adversely affect bonds issued for such purpose, the

 9  Legislature will provide alternative funding sources in an

10  amount sufficient to pay any deficit in the amount required

11  for such debt service.

12         Section 2.  Section 210.201, Florida Statutes, is

13  amended to read:

14         210.201  Cancer research facility at the University of

15  South Florida; establishment; funding.--The Board of Directors

16  of the H. Lee Moffitt Cancer Center and Research Institute

17  shall construct, furnish, and equip, and shall covenant to

18  complete, the cancer research facility at the University of

19  South Florida adjacent to the H. Lee Moffitt Cancer Center and

20  Research Institute described in s. 210.20(2)(b)1. and 2. and

21  the research, treatment, and related facilities described in

22  s. 210.20(2)(b)3.  Moneys transferred to the Board of

23  Directors of the H. Lee Moffitt Cancer Center and Research

24  Institute pursuant to s. 210.20 shall be used to secure

25  financing to pay costs related to constructing, furnishing,

26  and equipping the cancer research facility and related

27  facilities.  Such financing may include the issuance of tax

28  exempt bonds by a local authority, municipality, or county

29  pursuant to parts II and III of chapter 159.  Such bonds shall

30  not constitute state bonds for purposes of s. 11, Art. VII of

31  the State Constitution, but shall constitute bonds of a "local

                                  5

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






    Florida Senate - 2007                                  SB 2360
    10-1475-07




 1  agency," as defined in s. 159.27(4). The cigarette tax dollars

 2  pledged to the facilities this facility pursuant to s. 210.20

 3  may be replaced annually by the Legislature from tobacco

 4  litigation settlement proceeds.

 5         Section 3.  This act shall take effect July 1, 2007.

 6  

 7            *****************************************

 8                          SENATE SUMMARY

 9    Provides for a portion of cigarette tax revenues to be
      paid monthly to the H. Lee Moffitt Cancer Center and
10    Research Institute. Specifies the use of such funds by
      the institute.
11  

12  

13  

14  

15  

16  

17  

18  

19  

20  

21  

22  

23  

24  

25  

26  

27  

28  

29  

30  

31  

                                  6

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