1 | A bill to be entitled |
2 | An act relating to distribution of proceeds from the |
3 | excise tax on documents; amending s. 201.15, F.S.; |
4 | deleting a provision for distributing certain amounts to |
5 | the Grants and Donations Trust Fund in the Department of |
6 | Community Affairs for certain purposes; providing an |
7 | effective date. |
8 |
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9 | Be It Enacted by the Legislature of the State of Florida: |
10 |
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11 | Section 1. Paragraph (d) of subsection (1) of section |
12 | 201.15, Florida Statutes, is amended to read: |
13 | 201.15 Distribution of taxes collected.--All taxes |
14 | collected under this chapter shall be distributed as follows and |
15 | shall be subject to the service charge imposed in s. 215.20(1), |
16 | except that such service charge shall not be levied against any |
17 | portion of taxes pledged to debt service on bonds to the extent |
18 | that the amount of the service charge is required to pay any |
19 | amounts relating to the bonds: |
20 | (1) Sixty-two and sixty-three hundredths percent of the |
21 | remaining taxes collected under this chapter shall be used for |
22 | the following purposes: |
23 | (d) The remainder of the moneys distributed under this |
24 | subsection, after the required payments under paragraphs (a), |
25 | (b), and (c), shall be paid into the State Treasury to the |
26 | credit of: |
27 | 1. The State Transportation Trust Fund in the Department |
28 | of Transportation in the amount of $541.75 million in each |
29 | fiscal year, to be paid in quarterly installments and used for |
30 | the following specified purposes, notwithstanding any other law |
31 | to the contrary: |
32 | a. For the purposes of capital funding for the New Starts |
33 | Transit Program, authorized by Title 49, U.S.C. s. 5309 and |
34 | specified in s. 341.051, 10 percent of these funds; |
35 | b. For the purposes of the Small County Outreach Program |
36 | specified in s. 339.2818, 5 percent of these funds; |
37 | c. For the purposes of the Strategic Intermodal System |
38 | specified in ss. 339.61, 339.62, 339.63, and 339.64, 75 percent |
39 | of these funds after allocating for the New Starts Transit |
40 | Program described in sub-subparagraph a. and the Small County |
41 | Outreach Program described in sub-subparagraph b.; and |
42 | d. For the purposes of the Transportation Regional |
43 | Incentive Program specified in s. 339.2819, 25 percent of these |
44 | funds after allocating for the New Starts Transit Program |
45 | described in sub-subparagraph a. and the Small County Outreach |
46 | Program described in sub-subparagraph b. |
47 | 2. The Water Protection and Sustainability Program Trust |
48 | Fund in the Department of Environmental Protection in the amount |
49 | of $100 million in each fiscal year, to be paid in quarterly |
50 | installments and used as required by s. 403.890. |
51 | 3. The Public Education Capital Outlay and Debt Service |
52 | Trust Fund in the Department of Education in the amount of $105 |
53 | million in each fiscal year, to be paid in monthly installments |
54 | with $75 million used to fund the Classrooms for Kids Program |
55 | created in s. 1013.735, and $30 million to be used to fund the |
56 | High Growth County District Capital Outlay Assistance Grant |
57 | Program created in s. 1013.738. If required, new facilities |
58 | constructed under the Classrooms for Kids Program must meet the |
59 | requirements of s. 1013.372. |
60 | 4. The Grants and Donations Trust Fund in the Department |
61 | of Community Affairs in the amount of $3.25 million in each |
62 | fiscal year to be paid in monthly installments, with $3 million |
63 | to be used to fund technical assistance to local governments and |
64 | school boards on the requirements and implementation of this act |
65 | and $250,000 to be used to fund the Century Commission |
66 | established in s. 163.3247. |
67 |
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68 | Moneys distributed pursuant to this paragraph may not be pledged |
69 | for debt service unless such pledge is approved by referendum of |
70 | the voters. |
71 | Section 2. This act shall take effect July 1, 2007. |