Florida Senate - 2011 CS for SB 770 By the Committee on Environmental Preservation and Conservation; and Senator Siplin 592-04601-11 2011770c1 1 A bill to be entitled 2 An act relating to unclaimed deposits held by 3 utilities; amending s. 717.108, F.S.; requiring that 4 any unclaimed deposits held by a utility be deposited 5 annually into the Ecosystem Management and Restoration 6 Trust Fund in the Department of Environmental 7 Protection to improve the water quality in Silver 8 Springs and into the Grants and Donations Trust Fund 9 in the Department of Community Affairs, or its 10 successor agency, to supplement the Low-Income Home 11 Energy Assistance Program; providing appropriations; 12 providing an effective date. 13 14 Be It Enacted by the Legislature of the State of Florida: 15 16 Section 1. Section 717.108, Florida Statutes, is amended to 17 read: 18 717.108 Deposits held by utilities.— 19 (1) Any deposit, including any interest thereon, made by a 20 subscriber with a utility to secure payment or any sum paid in 21 advance for utility services to be furnished, less any lawful 22 charges, that remains unclaimed by the owner for more than 1 23 year after termination of the services for which the deposit or 24 advance payment was made is presumed unclaimed. 25 (2) The unclaimed deposits shall be distributed annually as 26 follows: 27 (a) The sum of $500,000 shall be transferred from the 28 Department of Community Affairs, or the Department of Community 29 Affairs’ successor agency, to the Ecosystem Management and 30 Restoration Trust Fund of the Department of Environmental 31 Protection for the purpose of improving water quality in Silver 32 Springs. 33 (b) The remaining balance shall be transferred to the 34 Grants and Donations Trust Fund within the Department of 35 Community Affairs, or the Department of Community Affairs’ 36 successor agency, to be used to supplement the Low-Income Home 37 Energy Assistance Program for the purpose of assisting low 38 income households in meeting the costs of home heating and 39 cooling bills. These funds shall be administered through the 40 same local provider agencies that presently administer the Low 41 Income Home Energy Assistance Program. 42 Section 2. Appropriations.—For the 2011-2012 fiscal year: 43 (1) The Department of Environmental Protection is 44 appropriated $500,000 from the Ecosystem Management and 45 Restoration Trust Fund for the purpose of improving water 46 quality in Silver Springs. These funds shall be directed to the 47 implementation of remediation actions that have the effect of 48 reducing nitrate loads to the spring. The department shall 49 coordinate with Marion County in identifying and selecting which 50 project has the greatest benefit based on estimated nitrate 51 reductions and consistency with the long-term plans of Marion 52 County. 53 (2) The Department of Community Affairs, or its successor 54 agency, is appropriated $3.5 million from the Grants and 55 Donations Trust Fund, which shall be used by local Low-Income 56 Home Energy Assistance Program provider agencies to meet the 57 energy needs of eligible applicants. 58 Section 3. This act shall take effect July 1, 2011.