| 1 | A bill to be entitled |
| 2 | An act relating to payments in lieu of taxes; providing |
| 3 | that counties, municipalities, school districts, and |
| 4 | certain independent special districts shall receive |
| 5 | certain payments in lieu of taxes as a result of |
| 6 | implementation of amendments to the State Constitution |
| 7 | providing an ad valorem tax exemption for real property |
| 8 | dedicated in perpetuity for conservation purposes; |
| 9 | specifying duration of payments in lieu of taxes; |
| 10 | requiring the Department of Revenue to adopt rules; |
| 11 | requiring the Legislature to make annual appropriations; |
| 12 | providing an effective date. |
| 13 |
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| 14 | Be It Enacted by the Legislature of the State of Florida: |
| 15 |
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| 16 | Section 1. (1) Counties, municipalities, school |
| 17 | districts, and independent special districts in counties with a |
| 18 | population of 150,000 or less shall receive payments in lieu of |
| 19 | taxes in an amount equal to the value of the revenue reduction |
| 20 | resulting from the implementation of the provisions of ss. 3(f) |
| 21 | and 4(b), Art. VII of the State Constitution. |
| 22 | (2) Payments in lieu of taxes shall be provided for the |
| 23 | period of the exemption provided. |
| 24 | (3) The Department of Revenue shall adopt rules pursuant |
| 25 | to ss. 120.536(1) and 120.54 to implement this section. |
| 26 | (4) The Legislature shall make an annual appropriation to |
| 27 | fund the provisions of this section. |
| 28 | Section 2. This act shall take effect July 1, 2009. |