Florida Senate - 2009                        COMMITTEE AMENDMENT
       Bill No. SB 2244
       
       
       
       
       
       
                                Barcode 543006                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: FAV            .                                
                  03/31/2009           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Agriculture (Dean) recommended the following:
       
    1         Senate Amendment to Amendment (191502) (with title
    2  amendment)
    3  
    4         Between lines 488 and 489
    5  insert:
    6         Section 5. Section 218.125, Florida Statutes, is created to
    7  read:
    8         218.125 Replacement for tax loss associated with certain
    9  constitutional amendments affecting fiscally constrained
   10  counties.—
   11         (1) Beginning in the 2009-2010 fiscal year, the Legislature
   12  shall appropriate moneys to replace the reductions in ad valorem
   13  tax revenue experienced by fiscally constrained counties, as
   14  defined in s. 218.67(1), which occur as a direct result of the
   15  implementation of revisions of ss. 3(f) and 4(b) of Art. VII of
   16  the State Constitution which were approved in the general
   17  election held in November 2008. The moneys appropriated for this
   18  purpose shall be distributed in January of each fiscal year
   19  among the fiscally constrained counties based on each county’s
   20  proportion of the total reduction in ad valorem tax revenue
   21  resulting from the implementation of the revisions.
   22         (2) On or before November 15 of each year, beginning in
   23  2010, each fiscally constrained county shall apply to the
   24  Department of Revenue to participate in the distribution of the
   25  appropriation and provide documentation supporting the county’s
   26  estimated reduction in ad valorem tax revenue in the form and
   27  manner prescribed by the Department of Revenue. The
   28  documentation must include an estimate of the reduction in
   29  taxable value directly attributable to revisions of Art. VII of
   30  the State Constitution for all county taxing jurisdictions
   31  within the county and shall be prepared by the property
   32  appraiser in each fiscally constrained county. The documentation
   33  must also include the county millage rates applicable in all
   34  such jurisdictions for the current year and the prior year,
   35  roll-back rates determined as provided in s. 200.065 for each
   36  county taxing jurisdiction, and maximum millage rates that could
   37  have been levied by majority vote pursuant to s. 200.185. For
   38  purposes of this section, each fiscally constrained county’s
   39  reduction in ad valorem tax revenue shall be calculated as 95
   40  percent of the estimated reduction in taxable value times the
   41  lesser of the 2009 applicable millage rate or the applicable
   42  millage rate for each county taxing jurisdiction in the prior
   43  year.
   44  
   45  ================= T I T L E  A M E N D M E N T ================
   46         And the title is amended as follows:
   47         Delete line 667
   48  and insert:
   49         properties; providing penalties for failure to notify;
   50         creating s. 218.125, F.S.; requiring the Legislature
   51         to appropriate moneys to replace the reductions in ad
   52         valorem tax revenue experienced by fiscally
   53         constrained counties; requiring each fiscally
   54         constrained county to apply to the Department of
   55         Revenue to participate in the distribution of the
   56         appropriation; specifying the documentation that must
   57         be provided to the department; providing a formula for
   58         calculating the reduction in ad valorem tax revenue;
   59         creating