1

The Committee on Finance and Tax (Haridopolos) recommended the

2

following amendment:

3

4

     Senate Amendment (with title amendments)

5

     Delete everything after the enacting clause

6

and insert:

7

     Section 1. (1) The Governor is directed to oversee a

8

comprehensive review of Florida's state and local tax structure,

9

taking into consideration recently proposed revisions considered

10

by the Florida Taxation and Budget Reform Commission as well as

11

various proposals considered by the Legislature. In carrying out

12

the review, the Governor may draw upon the resources of state

13

agencies, which shall supply data, perform analyses, or provide

14

other information as needed by the Governor for the review.

15

     (2) Upon completion of the review, the Governor shall

16

develop recommended revisions to the state's current tax

17

structure consistent with generally accepted principles of

18

taxation. Recommendations may include the repeal or replacement

19

of existing taxes, the enactment of new taxes or fees, the repeal

20

or enactment of tax exemptions, and increases or decreases in

21

current tax rates. To the extent practicable, the Governor shall,

22

in the aggregate, strive to make the recommendations revenue-

23

neutral. The recommendations shall be submitted to the President

24

of the Senate and the Speaker of the House of Representatives by

25

February 1, 2009.

26

     Section 2.  This act shall take effect upon becoming a law.

27

28

================ T I T L E  A M E N D M E N T ================

29

And the title is amended as follows:

30

     Delete everything before the enacting clasue

31

and insert:

32

A bill to be entitled

33

An act relating to taxation; requiring the Governor to

34

oversee a review of Florida's tax structure; requiring

35

agency assistance; requiring the Governor to provide

36

recommendations for revising the tax structure to the

37

Legislature by a certain date; providing an effective

38

date.

4/9/2008  5:31:00 PM     593-07155-08