Florida Senate - 2012 SENATOR AMENDMENT Bill No. CS/HB 7099, 2nd Eng. Barcode 876218 LEGISLATIVE ACTION Senate . House . . . Floor: WD/2R . 03/09/2012 05:30 PM . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Senator Altman moved the following: 1 Senate Amendment (with title amendment) 2 3 Between lines 956 and 957 4 insert: 5 Section 14. The Florida Institute of Technology shall 6 develop, in conjunction with Space Florida, a plan for 7 establishing a space exploration research institute. Within 1 8 year after the Department of Economic Opportunity notifies the 9 Department of Revenue that it has approved such plan, the 10 Department of Revenue shall distribute $416,666 monthly to the 11 Florida Institute of Technology for the purpose of operating the 12 space exploration research institute. Such funds represent sales 13 and use taxes generated by visitor activity at the Cape 14 Canaveral Air Force Station and the John F. Kennedy Space 15 Center. 16 17 ================= T I T L E A M E N D M E N T ================ 18 And the title is amended as follows: 19 Between lines 58 and 59 20 insert: 21 requiring that the Florida Institute of Technology, in 22 conjunction with Space Florida, develop a plan for 23 establishing a space exploration research institute; 24 requiring that the Department of Revenue distribute a 25 specified amount of funds to the Florida Institute of 26 Technology for the purpose of operating the space 27 exploration research institute;