| 1 | Representatives Zapata and Robaina offered the following: |
| 2 |
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| 3 | Amendment (with title amendment) |
| 4 | Between lines 1774 and 1775, insert: |
| 5 | Section 31. Subsection (1) of section 338.227, Florida |
| 6 | Statutes, is amended to read: |
| 7 | 338.227 Turnpike revenue bonds.-- |
| 8 | (1) The department is authorized to borrow money as |
| 9 | provided by the State Bond Act for the purpose of paying all or |
| 10 | any part of the cost of any one or more legislatively approved |
| 11 | turnpike projects. The principal of, and the interest on, such |
| 12 | bonds will be payable solely from revenues pledged for their |
| 13 | payment. Notwithstanding the provisions of s. 338.229, any bonds |
| 14 | issued by the department after July 1, 2008, to fund turnpike |
| 15 | projects shall include specific authority in the bond covenants |
| 16 | and resolutions for the department to transfer the Homestead |
| 17 | Extension of the Florida Turnpike to the Miami-Dade Expressway |
| 18 | Authority. |
| 19 | |
| 20 |
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| 21 | ----------------------------------------------------- |
| 22 | T I T L E A M E N D M E N T |
| 23 | Remove line 136 and insert: |
| 24 | amending s. 338.227, F.S.; providing an exception from a |
| 25 | specified provision to allow certain authority in bond covenants |
| 26 | and resolutions for bonds issued after a specified date; |
| 27 | amending s. 338.231, F.S.; revising provisions for |