Florida Senate - 2014 COMMITTEE AMENDMENT Bill No. SB 338 Ì595002nÎ595002 LEGISLATIVE ACTION Senate . House Comm: FC . 03/25/2014 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Domestic Security (Altman) recommended the following: 1 Senate Amendment (with title amendment) 2 3 Between lines 70 and 71 4 insert: 5 Section 3. Paragraph (a) of subsection (2) of section 6 163.387, Florida Statutes, is republished and paragraph (c) of 7 that subsection is amended, to read: 8 163.387 Redevelopment trust fund.— 9 (2)(a) Except for the purpose of funding the trust fund 10 pursuant to subsection (3), upon the adoption of an ordinance 11 providing for funding of the redevelopment trust fund as 12 provided in this section, each taxing authority shall, by 13 January 1 of each year, appropriate to the trust fund for so 14 long as any indebtedness pledging increment revenues to the 15 payment thereof is outstanding (but not to exceed 30 years) a 16 sum that is no less than the increment as defined and determined 17 in subsection (1) or paragraph (3)(b) accruing to such taxing 18 authority. If the community redevelopment plan is amended or 19 modified pursuant to s. 163.361(1), each such taxing authority 20 shall make the annual appropriation for a period not to exceed 21 30 years after the date the governing body amends the plan but 22 no later than 60 years after the fiscal year in which the plan 23 was initially approved or adopted. However, for any agency 24 created on or after July 1, 2002, each taxing authority shall 25 make the annual appropriation for a period not to exceed 40 26 years after the fiscal year in which the initial community 27 redevelopment plan is approved or adopted. 28 (c) The following public bodies or taxing authorities are 29 exempt from paragraph (a): 30 1. A special district that levies ad valorem taxes on 31 taxable real property in more than one county. 32 2. A special district for which the sole available source 33 of revenue the district has the authority to levy is ad valorem 34 taxes at the time an ordinance is adopted under this section. 35 However, revenues or aid that may be dispensed or appropriated 36 to a district as defined in s. 388.011 at the discretion of an 37 entity other than such district shall not be deemed available. 38 3. A library district, except a library district in a 39 jurisdiction where the community redevelopment agency had 40 validated bonds as of April 30, 1984. 41 4. A neighborhood improvement district created under the 42 Safe Neighborhoods Act. 43 5. A metropolitan transportation authority. 44 6. A water management district created under s. 373.069. 45 7. For a community redevelopment area created after July 1, 46 2014, a hospital district that is a special district as defined 47 in s. 189.403, a county hospital that has taxing authority under 48 chapter 155, or a public health trust established under s. 49 154.07. 50 51 ================= T I T L E A M E N D M E N T ================ 52 And the title is amended as follows: 53 Delete line 8 54 and insert: 55 owned zoological park; amending s. 163.387, F.S.; 56 adding an exemption to the list of public bodies or 57 taxing authorities that are exempt from appropriating 58 certain revenues to the redevelopment trust fund; 59 providing an effective date.