Florida Senate - 2012                                     SB 444
       By the Committee on Community Affairs
       578-00534-12                                           2012444__
    1                        A bill to be entitled                      
    2         An act relating to laws requiring counties or
    3         municipalities to spend funds or limiting their
    4         ability to raise revenue or receive state tax revenue;
    5         defining the term “insignificant fiscal impact”;
    6         requiring that certain criteria be used in determining
    7         whether a law has an insignificant fiscal impact on
    8         counties and municipalities; providing an effective
    9         date.
   11  Be It Enacted by the Legislature of the State of Florida:
   13         Section 1. Laws requiring counties or municipalities to
   14  spend funds or limiting their ability to raise revenue or
   15  receive state tax revenue.—Section 18(d), Article VII of the
   16  State Constitution creates an exemption from the section’s
   17  limitations on local government mandates for laws that have an
   18  insignificant fiscal impact. For purposes of the exemption, the
   19  term “insignificant fiscal impact” means an annual amount equal
   20  to or less than 10 cents multiplied by the latest resident
   21  population estimate on April 1 by the Demographic Estimating
   22  Conference for the applicable state fiscal year. In determining
   23  whether the fiscal impact of a law exceeds an insignificant
   24  fiscal impact, the average annual fiscal impact of the law,
   25  including any average annual revenues or savings that the law
   26  may create, must be taken into consideration.
   27         Section 2. This act shall take effect July 1, 2012.