Florida Senate - 2009 SB 204 By Senator Aronberg 27-00251A-09 2009204__ 1 A bill to be entitled 2 An act relating to the Department of Transportation; 3 amending s. 334.30, F.S.; prohibiting the department 4 from entering into an agreement for the lease of an 5 existing transportation facility to a corporation that 6 obtains more than a specified percentage of its 7 financing from extraterritorial corporations; 8 providing an effective date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. Subsection (14) is added to section 334.30, 13 Florida Statutes, to read: 14 334.30 Public-private transportation facilities.—The 15 Legislature finds and declares that there is a public need for 16 the rapid construction of safe and efficient transportation 17 facilities for the purpose of traveling within the state, and 18 that it is in the public's interest to provide for the 19 construction of additional safe, convenient, and economical 20 transportation facilities. 21 (14) Notwithstanding any provision of law to the contrary, 22 on or after July 1, 2009, the department may not enter into an 23 agreement with a corporation as a concessionaire to lease the 24 operation of an existing toll road if that corporation obtains 25 more than 10 percent of its financing through one or more 26 extraterritorial corporations. 27 Section 2. This act shall take effect July 1, 2009.