Florida Senate - 2008 SENATOR AMENDMENT
Bill No. CS for CS for CS for SB 1978
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Senate
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House
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Senator Alexander moved the following amendment to substitute
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amendment (393352):
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Senate Amendment (with title amendment)
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On line 26
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insert:
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Section 70. Section 343.58, Florida Statutes, is amended to
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read:
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343.58 County funding for the South Florida Regional
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Transportation Authority.--
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(1) Each county served by the South Florida Regional
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Transportation Authority must dedicate and transfer not less than
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$2.67 million to the authority annually. The recurring annual
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$2.67 million must be dedicated by the governing body of each
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county before October 31 of each fiscal year.
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(2) At least $45 million of a state-authorized, local
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option recurring funding source available to Broward, Miami-Dade,
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and Palm Beach counties is directed to the authority to fund its
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capital, operating, and maintenance expenses. The funding source
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shall be dedicated to the authority only if Broward, Miami-Dade,
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and Palm Beach counties impose the local option funding source.
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(2)(3) In addition, each county shall continue to annually
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fund the operations of the South Florida Regional Transportation
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Authority in an amount not less than $1.565 million. Revenue
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raised pursuant to this subsection shall also be considered a
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dedicated funding source.
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(3)(4) The current funding obligations under subsections
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(1) and (3) shall cease upon commencement of the collection of
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funding from the funding source under subsection (2). If the
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funding under subsection (2) is discontinued for any reason, the
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funding obligations under subsections (1) and (3) shall resume
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when collection from the funding source under subsection (2)
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ceases. Payment by the counties shall be on a pro rata basis the
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first year following cessation of the funding under subsection
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(2). The authority shall refund a pro rata share of the payments
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for the current fiscal year made pursuant to the current funding
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obligations under subsections (1) and (3) as soon as reasonably
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practicable after it begins to receive funds under subsection
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(2). If, by December 31, 2015, the South Florida Regional
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Transportation Authority has not received federal matching funds
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based upon the dedication of funds under subsection (1),
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subsection (1) shall be repealed.
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================ T I T L E A M E N D M E N T ================
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And the title is amended as follows:
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On line 37, after the semicolon
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insert:
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amending s. 343.58, F.S.; deleting provisions relating to
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state-authorized, local option recurring funding for the
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South Florida Regional Transportation Authority;
4/30/2008 10:32:00 AM TR.17.09213
CODING: Words stricken are deletions; words underlined are additions.