Florida Senate - 2008 SENATOR AMENDMENT

Bill No. CS for SB 1588

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CHAMBER ACTION

Senate

Floor: 7/AD/2R

4/10/2008 12:29 PM

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House



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Senator Alexander and Lynn moved the following amendment:

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     Senate Amendment

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     Delete line(s) 1032-1045

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and insert:

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     Section 16. (1) Beginning in fiscal year 2008-2009, the

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Legislature shall appropriate moneys to offset the reductions in

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ad valorem tax revenue experienced by fiscally constrained

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counties, as defined in s. 218.67(1), Florida Statutes, which

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occur as a direct result of the implementation of revisions of

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Article VII of the State Constitution approved in the special

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election held on January 29, 2008. The moneys appropriated for

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this purpose shall be distributed in January of each fiscal year

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among the fiscally constrained counties based on each county's

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proportion of the total reduction in ad valorem tax revenue

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resulting from the implementation of the revision.

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     (2) On or before November 15 of each year, beginning in

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2008, each fiscally constrained county shall apply to the

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...

4/10/2008  10:04:00 AM     17-07306-08

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