Florida Senate - 2012 COMMITTEE AMENDMENT Bill No. SPB 7102 Barcode 603604 LEGISLATIVE ACTION Senate . House Comm: FAV . 02/18/2012 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— The Committee on Budget (Altman) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Delete lines 726 - 734 4 and insert: 5 Section 21. Paragraph (d) of subsection (6) of section 6 212.20, Florida Statutes, is amended to read: 7 212.20 Funds collected, disposition; additional powers of 8 department; operational expense; refund of taxes adjudicated 9 unconstitutionally collected.— 10 (6) Distribution of all proceeds under this chapter and s. 11 202.18(1)(b) and (2)(b) shall be as follows: 12 (d) The proceeds of all other taxes and fees imposed 13 pursuant to this chapter or remitted pursuant to s. 202.18(1)(b) 14 and (2)(b) shall be distributed as follows: 15 1. In any fiscal year, the greater of $500 million, minus 16 an amount equal to 4.6 percent of the proceeds of the taxes 17 collected pursuant to chapter 201, or 5.2 percent of all other 18 taxes and fees imposed pursuant to this chapter or remitted 19 pursuant to s. 202.18(1)(b) and (2)(b) shall be deposited in 20 monthly installments into the General Revenue Fund. 21 2. After the distribution under subparagraph 1., 8.814 22 percent of the amount remitted by a sales tax dealer located 23 within a participating county pursuant to s. 218.61 shall be 24 transferred into the Local Government Half-cent Sales Tax 25 Clearing Trust Fund. Beginning July 1, 2003, the amount to be 26 transferred shall be reduced by 0.1 percent, and the department 27 shall distribute this amount to the Public Employees Relations 28 Commission Trust Fund less $5,000 each month, which shall be 29 added to the amount calculated in subparagraph 3. and 30 distributed accordingly. 31 3. After the distribution under subparagraphs 1. and 2., 32 0.095 percent shall be transferred to the Local Government Half 33 cent Sales Tax Clearing Trust Fund and distributed pursuant to 34 s. 218.65. 35 4. After the distributions under subparagraphs 1., 2., and 36 3., 2.0440 percent of the available proceeds shall be 37 transferred monthly to the Revenue Sharing Trust Fund for 38 Counties pursuant to s. 218.215. 39 5. After the distributions under subparagraphs 1., 2., and 40 3., 1.3409 percent of the available proceeds shall be 41 transferred monthly to the Revenue Sharing Trust Fund for 42 Municipalities pursuant to s. 218.215. If the total revenue to 43 be distributed pursuant to this subparagraph is at least as 44 great as the amount due from the Revenue Sharing Trust Fund for 45 Municipalities and the former Municipal Financial Assistance 46 Trust Fund in state fiscal year 1999-2000, no municipality shall 47 receive less than the amount due from the Revenue Sharing Trust 48 Fund for Municipalities and the former Municipal Financial 49 Assistance Trust Fund in state fiscal year 1999-2000. If the 50 total proceeds to be distributed are less than the amount 51 received in combination from the Revenue Sharing Trust Fund for 52 Municipalities and the former Municipal Financial Assistance 53 Trust Fund in state fiscal year 1999-2000, each municipality 54 shall receive an amount proportionate to the amount it was due 55 in state fiscal year 1999-2000. 56 6. Of the remaining proceeds: 57 a. In each fiscal year, the sum of $29,915,500 shall be 58 divided into as many equal parts as there are counties in the 59 state, and one part shall be distributed to each county. The 60 distribution among the several counties must begin each fiscal 61 year on or before January 5th and continue monthly for a total 62 of 4 months. If a local or special law required that any moneys 63 accruing to a county in fiscal year 1999-2000 under the then 64 existing provisions of s. 550.135 be paid directly to the 65 district school board, special district, or a municipal 66 government, such payment must continue until the local or 67 special law is amended or repealed. The state covenants with 68 holders of bonds or other instruments of indebtedness issued by 69 local governments, special districts, or district school boards 70 before July 1, 2000, that it is not the intent of this 71 subparagraph to adversely affect the rights of those holders or 72 relieve local governments, special districts, or district school 73 boards of the duty to meet their obligations as a result of 74 previous pledges or assignments or trusts entered into which 75 obligated funds received from the distribution to county 76 governments under then-existing s. 550.135. This distribution 77 specifically is in lieu of funds distributed under s. 550.135 78 before July 1, 2000. 79 b. The department shall distribute $166,667 monthly 80 pursuant to s. 288.1162 to each applicant certified as a 81 facility for a new or retained professional sports franchise 82 pursuant to s. 288.1162. Up to $41,667 shall be distributed 83 monthly by the department to each certified applicant as defined 84 in s. 288.11621 for a facility for a spring training franchise. 85 However, not more than $416,670 may be distributed monthly in 86 the aggregate to all certified applicants for facilities for 87 spring training franchises. Distributions begin 60 days after 88 such certification and continue for not more than 30 years, 89 except as otherwise provided in s. 288.11621. A certified 90 applicant identified in this sub-subparagraph may not receive 91 more in distributions than expended by the applicant for the 92 public purposes provided for in s. 288.1162(5) or s. 93 288.11621(3). 94 c. Beginning 30 days after notice by the Department of 95 Economic Opportunity to the Department of Revenue that an 96 applicant has been certified as the professional golf hall of 97 fame pursuant to s. 288.1168 and is open to the public, $166,667 98 shall be distributed monthly, for up to 300 months, to the 99 applicant. 100 d. Beginning 30 days after notice by the Department of 101 Economic Opportunity to the Department of Revenue that the 102 applicant has been certified as the International Game Fish 103 Association World Center facility pursuant to s. 288.1169, and 104 the facility is open to the public, $83,333 shall be distributed 105 monthly, for up to 168 months, to the applicant. This 106 distribution is subject to reduction pursuant to s. 288.1169. A 107 lump sum payment of $999,996 shall be made, after certification 108 and before July 1, 2000. 109 e. Beginning 30 days after notice by the Department of 110 Economic Opportunity to the Department of Revenue that the 111 Department of Economic Opportunity has approved a plan developed 112 by the Florida Institute of Technology for establishing a space 113 exploration research institute, the department must distribute 114 $416,666 monthly to the Florida Institute of Technology for the 115 purpose of operating a space exploration research institute. 116 This amount represents sales and use taxes generated by visitor 117 activity at the Kennedy Space Center and the Cape Canaveral Air 118 Force Station. The Florida Institute of Technology shall develop 119 a plan for the space exploration research institute in 120 conjunction with Space Florida. 121 7. All other proceeds must remain in the General Revenue 122 Fund. 123 124 ================= T I T L E A M E N D M E N T ================ 125 And the title is amended as follows: 126 Delete lines 143 - 148 127 and insert: 128 specified date; amending s. 212.20, F.S.; requiring 129 that the Department of Revenue distribute monthly to 130 the Florida Institute of Technology a specified amount 131 for the purpose of operating a space exploration 132 research institute; requiring that the Florida 133 Institute of Technology develop a plan for the space 134 exploration research institute in conjunction with 135 Space Florida; providing effective dates.