Amendment
Bill No. CS/CS/SB 1294
Amendment No. 327713
CHAMBER ACTION
Senate House
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1Representative Brandenburg offered the following:
2
3     Amendment to Senate Amendment (929760) (with title
4amendment)
5     Remove lines 221-354 and insert:
6     (4)(5)  Funds distributed pursuant to subparagraph (2)(b)3.
7(2)(b)2. and (3)(b)3. subparagraphs shall be used for:
8     (a)  Planning, preparing, and financing of infrastructure
9projects for job creation and capital investment, especially
10those related to industrial and commercial sites. Infrastructure
11investments may include the following public or public-private
12partnership facilities: stormwater systems, telecommunications
13facilities, roads or other remedies to transportation
14impediments, nature-based tourism facilities, or other physical
15requirements necessary to facilitate trade and economic
16development activities.
17     (b)  Maximizing the use of federal, local, and private
18resources, including, but not limited to, those available under
19the Small Cities Community Development Block Grant Program.
20     (c)  Projects that improve inadequate infrastructure that
21has resulted in regulatory action that prohibits economic or
22community growth, if such projects are related to specific job
23creation or job retention opportunities.
24     (5)(6)  Beginning January 1, 2004, the tax rate shall be
25the base rate of $1.62 per ton severed.
26     (6)(7)  Beginning January 1, 2005, and annually thereafter,
27the tax rate shall be the base rate times the base rate
28adjustment for the tax year as calculated by the department in
29accordance with subsection (8) (9).
30     (7)(8)  The excise tax levied by this section shall apply
31to the total production of the producer during the taxable year,
32measured on the basis of bone-dry tons produced at the point of
33severance.
34     (8)(9)(a)  On or before March 30, 2004, and annually
35thereafter, the department shall calculate the base rate
36adjustment, if any, for phosphate rock based on the change in
37the unadjusted annual producer price index for the prior
38calendar year in relation to the unadjusted annual producer
39price index for calendar year 1999.
40     (b)  For the purposes of determining the base rate
41adjustment for any year, the base rate adjustment shall be a
42fraction, the numerator of which is the unadjusted annual
43producer price index for the prior calendar year and the
44denominator of which is the unadjusted annual producer price
45index for calendar year 1999.
46     (c)  The department shall provide the base rate, the base
47rate adjustment, and the resulting tax rate to affected
48producers by written notice on or before April 15 of the current
49year.
50     (d)  If the producer price index for phosphate rock is
51substantially revised, the department shall make appropriate
52adjustment in the method used to compute the base rate
53adjustment under this subsection which will produce results
54reasonably consistent with the result that would have been
55obtained if the producer price index for phosphate rock had not
56been revised. However, the tax rate shall not be less than $1.51
57$1.56 per ton severed.
58     (e)  If the producer price index for phosphate rock is
59discontinued, a comparable index shall be selected by the
60department and adopted by rule.
61     (9)(10)  The excise tax levied on the severance of
62phosphate rock shall be in addition to any ad valorem taxes
63levied upon the separately assessed mineral interest in the real
64property upon which the site of severance is located, or any
65other tax, permit, or license fee imposed by the state or its
66political subdivisions.
67     (10)(11)  The tax levied by this section shall be collected
68in the manner prescribed in s. 211.33.
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T I T L E  A M E N D M E N T
72     Remove lines 1546-1554 and insert:
73deleting obsolete provisions; amending s. 253.002, F.S.;
74authorizing the Board of
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CODING: Words stricken are deletions; words underlined are additions.