HB 4029

1	A bill to be entitled
2	An act relating to transportation corporations; removing
3	provisions that provide for nonprofit corporations to act
4	on behalf of the Department of Transportation to secure
5	and obtain rights-of-way for transportation systems and to
6	assist in the planning and design of such systems;
7	repealing ss. 339.401-339.421, F.S., relating to the
8	Florida Transportation Corporation Act, definition of
9	terms used in the act, legislative findings and purpose,
10	authorization of corporations, type and structure and
11	income of corporation, contract between the Department of
12	Transportation and the corporation, articles of
13	incorporation, boards of directors and advisory directors,
14	bylaws, notice of meetings and open records, amendment of
15	articles of incorporation, powers of corporations, use of
16	state property, exemption from taxation, authority to
17	alter or dissolve corporation, dissolution upon completion
18	of purposes, transfer of funds and property upon
19	dissolution, department rules, construction of provisions,
20	and issuance of debt; repealing s. 11.45(3)(m), F.S.,
21	removing a provision for audits of transportation
22	corporations by the Auditor General to conform; providing
23	an effective date.
24
25	Be It Enacted by the Legislature of the State of Florida:
26
27	Section 1.  Sections 339.401, 339.402, 339.403, 339.404,
28	339.405, 339.406, 339.407, 339.408, 339.409, 339.410, 339.411,
29	339.412, 339.414, 339.415, 339.416, 339.417, 339.418, 339.419,
30	339.420, and 339.421, Florida Statutes, are repealed.
31	Section 2.  Paragraph (m) of subsection (3) of section
32	11.45, Florida Statutes, is repealed.
33	Section 3.  This act shall take effect July 1, 2011.

CODING: Words stricken are deletions; words underlined are additions.