1 | Representative Brandenburg offered the following: |
2 |
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3 | Amendment to Senate Amendment (929760) (with title |
4 | amendment) |
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 |
9 | projects for job creation and capital investment, especially |
10 | those related to industrial and commercial sites. Infrastructure |
11 | investments may include the following public or public-private |
12 | partnership facilities: stormwater systems, telecommunications |
13 | facilities, roads or other remedies to transportation |
14 | impediments, nature-based tourism facilities, or other physical |
15 | requirements necessary to facilitate trade and economic |
16 | development activities. |
17 | (b) Maximizing the use of federal, local, and private |
18 | resources, including, but not limited to, those available under |
19 | the Small Cities Community Development Block Grant Program. |
20 | (c) Projects that improve inadequate infrastructure that |
21 | has resulted in regulatory action that prohibits economic or |
22 | community growth, if such projects are related to specific job |
23 | creation or job retention opportunities. |
24 | (5)(6) Beginning January 1, 2004, the tax rate shall be |
25 | the base rate of $1.62 per ton severed. |
26 | (6)(7) Beginning January 1, 2005, and annually thereafter, |
27 | the tax rate shall be the base rate times the base rate |
28 | adjustment for the tax year as calculated by the department in |
29 | accordance with subsection (8) (9). |
30 | (7)(8) The excise tax levied by this section shall apply |
31 | to the total production of the producer during the taxable year, |
32 | measured on the basis of bone-dry tons produced at the point of |
33 | severance. |
34 | (8)(9)(a) On or before March 30, 2004, and annually |
35 | thereafter, the department shall calculate the base rate |
36 | adjustment, if any, for phosphate rock based on the change in |
37 | the unadjusted annual producer price index for the prior |
38 | calendar year in relation to the unadjusted annual producer |
39 | price index for calendar year 1999. |
40 | (b) For the purposes of determining the base rate |
41 | adjustment for any year, the base rate adjustment shall be a |
42 | fraction, the numerator of which is the unadjusted annual |
43 | producer price index for the prior calendar year and the |
44 | denominator of which is the unadjusted annual producer price |
45 | index for calendar year 1999. |
46 | (c) The department shall provide the base rate, the base |
47 | rate adjustment, and the resulting tax rate to affected |
48 | producers by written notice on or before April 15 of the current |
49 | year. |
50 | (d) If the producer price index for phosphate rock is |
51 | substantially revised, the department shall make appropriate |
52 | adjustment in the method used to compute the base rate |
53 | adjustment under this subsection which will produce results |
54 | reasonably consistent with the result that would have been |
55 | obtained if the producer price index for phosphate rock had not |
56 | been 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 |
59 | discontinued, a comparable index shall be selected by the |
60 | department and adopted by rule. |
61 | (9)(10) The excise tax levied on the severance of |
62 | phosphate rock shall be in addition to any ad valorem taxes |
63 | levied upon the separately assessed mineral interest in the real |
64 | property upon which the site of severance is located, or any |
65 | other tax, permit, or license fee imposed by the state or its |
66 | political subdivisions. |
67 | (10)(11) The tax levied by this section shall be collected |
68 | in the manner prescribed in s. 211.33. |
69 |
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71 | T I T L E A M E N D M E N T |
72 | Remove lines 1546-1554 and insert: |
73 | deleting obsolete provisions; amending s. 253.002, F.S.; |
74 | authorizing the Board of |
75 |
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