HB 4007

1	A bill to be entitled
2	An act relating to transportation corporations;
3	removing provisions that provide for nonprofit
4	corporations to act on behalf of the Department of
5	Transportation to secure and obtain rights-of-way for
6	transportation systems and to assist in the planning
7	and design of such systems; repealing ss. 339.401-
8	339.421, F.S., relating to the Florida Transportation
9	Corporation Act, definitions, legislative findings and
10	purpose, authorization of corporations, type and
11	structure and income of corporation, contract between
12	the department and the corporation, articles of
13	incorporation, boards of directors and advisory
14	directors, bylaws, meetings and records, amendment of
15	articles of incorporation, powers of corporations, use
16	of state property, exemption from taxation, authority
17	to alter or dissolve corporation, dissolution upon
18	completion of purposes, transfer of funds and property
19	upon dissolution, department rules, construction of
20	provisions, and issuance of debt; repealing s.
21	11.45(3)(m), F.S.; removing a provision for audits of
22	transportation corporations by the Auditor General, to
23	conform; providing 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30	339.420, and 339.421, Florida Statutes, are repealed.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32	11.45, Florida Statutes, is repealed.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, 2012.

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