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The Committee on Higher Education (Ring) recommended the

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following amendment:

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     Senate Amendment

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     Delete line(s) 39-108

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and insert:

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treatment, and related facilities in Florida. facility at the

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University of South Florida adjacent to the H. Lee Moffitt

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Cancer Center and Research Institute. In fiscal years 1999-2000

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and thereafter with the exception of fiscal year 2008-2009, The

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appropriation to the H. Lee Moffitt Cancer Center and Research

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Institute authorized by this subparagraph shall not be less than

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the amount that would have been paid to the H. Lee Moffitt

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Cancer Center and Research Institute for fiscal year 1998-1999

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had payments been made for the entire fiscal year rather than

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for a 6-month period thereof.

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     2. Beginning July 1, 2002, and continuing through June 30,

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2004, the division shall, in addition to the distribution

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authorized in subparagraph 1., from month to month certify to

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the Chief Financial Officer the amount derived from the

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cigarette tax imposed by s. 210.02, less the service charges

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provided for in s. 215.20 and less 0.9 percent of the amount

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derived from the cigarette tax imposed by s. 210.02, which shall

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be deposited into the Alcoholic Beverage and Tobacco Trust Fund,

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specifying an amount equal to 0.2632 percent of the net

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collections, and that amount shall be paid to the Board of

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Directors of the H. Lee Moffitt Cancer Center and Research

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Institute, established under s. 1004.43, by warrant drawn by the

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Chief Financial Officer. Beginning January 1, 2008 July 1, 2004,

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and continuing through June 30, 2038 2016, the division shall,

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in addition to the distribution authorized in subparagraph 1.,

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from month to month certify to the Chief Financial Officer the

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amount derived from the cigarette tax imposed by s. 210.02, less

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the service charges provided for in s. 215.20 and less 0.9

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percent of the amount derived from the cigarette tax imposed by

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s. 210.02, which shall be deposited into the Alcoholic Beverage

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and Tobacco Trust Fund, specifying an amount equal to 1.47

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percent of the net collections, and that amount shall be paid to

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the Board of Directors of the H. Lee Moffitt Cancer Center and

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Research Institute, established under s. 1004.43, by warrant

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drawn by the Chief Financial Officer. These funds are

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appropriated monthly out of the Cigarette Tax Collection Trust

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Fund, to be used for the purpose of constructing, furnishing,

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and equipping a cancer research, treatment, and related

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facilities in Florida facility at the University of South

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Florida adjacent to the H. Lee Moffitt Cancer Center and

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Research Institute. In fiscal years 2004-2005 and thereafter,

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the appropriation to the H. Lee Moffitt Cancer Center and

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Research Institute authorized by this subparagraph shall not be

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less than the amount that would have been paid to the H. Lee

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Moffitt Cancer Center and Research Institute in fiscal year

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2001-2002, had this subparagraph been in effect.

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     3. The funds to be paid to the H. Lee Moffitt Cancer

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Center and Research Institute under this paragraph may be

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pledged to pay bonds and related financial products issued or

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incurred in connection with the financing of cancer research,

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treatment, and related facilities described in this paragraph.

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It is the intent of the Legislature that to the extent the

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cigarette tax is amended or repealed or the provisions of this

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paragraph are modified in a manner that would adversely affect

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bonds issued for such purpose, the Legislature shall provide

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alternative funding sources in an amount sufficient to pay any

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deficit in the amount required for such debt service.

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     Section 2.  Section 210.201, Florida Statutes, is amended

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to read:

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     210.201 Cancer facilities research facility at the

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University of South Florida; establishment; funding.--The Board

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of Directors of the H. Lee Moffitt Cancer Center and Research

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Institute shall construct, furnish, and equip, and shall

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covenant to complete, the cancer research facility at the

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University of South Florida adjacent to the H. Lee Moffitt

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Cancer Center and Research Institute. Moneys transferred to the

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Board of Directors of the H. Lee Moffitt Cancer Center and

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Research Institute pursuant to s. 210.20 shall be used to secure

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financing to pay, or secure bonds or financial products issued

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or incurred in connection with the financing of, costs related

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to constructing, furnishing, and equipping the cancer research,

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treatment, and related facilities in Florida facility. Such

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financing may include the

3/11/2008  9:49:00 AM     589-04654-08