Florida Senate - 2014 COMMITTEE AMENDMENT Bill No. SB 66 Ì1671641Î167164 LEGISLATIVE ACTION Senate . House Comm: RCS . 03/28/2014 . . . . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— following: 1 Senate Amendment (with title amendment) 2 3 Delete everything after the enacting clause 4 and insert: 5 Section 1. Subsection (9) is added to section 212.055, 6 Florida Statutes, to read: 7 212.055 Discretionary sales surtaxes; legislative intent; 8 authorization and use of proceeds.—It is the legislative intent 9 that any authorization for imposition of a discretionary sales 10 surtax shall be published in the Florida Statutes as a 11 subsection of this section, irrespective of the duration of the 12 levy. Each enactment shall specify the types of counties 13 authorized to levy; the rate or rates which may be imposed; the 14 maximum length of time the surtax may be imposed, if any; the 15 procedure which must be followed to secure voter approval, if 16 required; the purpose for which the proceeds may be expended; 17 and such other requirements as the Legislature may provide. 18 Taxable transactions and administrative procedures shall be as 19 provided in s. 212.054. 20 (9) HIGHER EDUCATION SURTAX.—A county as defined in s. 21 125.011(1), pursuant to an ordinance that is conditioned to take 22 effect only upon approval by a majority vote of the electors of 23 the county voting in a referendum, may levy a surtax of up to 24 0.5 percent for the benefit of a Florida College System 25 institution and a state university as defined in s. 1000.21 26 which are located in the county. 27 (a) The ordinance must provide for a referendum to 28 implement the surtax. Such ordinance must be enacted by the 29 governing body of the county before June 1 of the year in which 30 the referendum is to be held. The referendum shall be scheduled 31 for the next available countywide election after June 1. 32 (b) The permissible uses of the surtax proceeds include 33 capital expenditures and infrastructure projects; fixed capital 34 costs associated with the construction, reconstruction, 35 renovation, maintenance, or improvement of facilities and 36 campuses that have a useful life expectancy of at least 5 years; 37 deferred maintenance; land improvement, design, and engineering 38 costs related thereto; and the expansion and enhancement of 39 facilities at all institution sites within the county. The 40 proceeds from the surtax may be used by a state university for 41 the land acquisition of parcels that are contiguous to its 42 existing main campus. The proceeds of the surtax must be set 43 aside and invested as permitted by law, with the principal and 44 income to be used for the purposes listed in this subsection as 45 administered by the board of trustees. 46 (c) The expense of holding the referendum may not be paid 47 with student fees or any public funds, but shall be paid only 48 with funds received from private sources or with college 49 auxiliary funds. The county must provide at least 30 days’ 50 notice of the election as provided in s. 100.342. 51 (d) The referendum providing for the imposition of the 52 surtax must include a statement that provides a brief and 53 general description of the purposes for which the proceeds of 54 the surtax may be used, conform to the requirements of s. 55 101.161, and be placed on the ballot by the governing body of 56 the county. The following question shall be placed on the 57 ballot: 58 59 FOR THE. . . .CENTS TAX INCREASE 60 AGAINST THE. . . .CENTS TAX INCREASE 61 62 (e) Upon approval of the referendum, 90 percent of the 63 proceeds from the surtax must be transferred by the department 64 into a Florida Prime account managed by the State Board of 65 Administration and used only for the operation, maintenance, and 66 administration of the Florida College System institution within 67 that county and 10 percent of the proceeds from the surtax must 68 be transferred by the Department of Revenue into a Florida Prime 69 account managed by the State Board of Administration and used 70 only for the operation, maintenance, land acquisition, and 71 administration of the state university. 72 (f) Upon approval by referendum, an oversight board shall 73 be established to review and accept or amend expenditures of the 74 proceeds of the surtax and to review the plan prepared by the 75 boards of trustees pursuant to paragraph (g). The oversight 76 board shall meet at least quarterly. Meetings of the oversight 77 board are public meetings under s. 286.011. Minutes, including a 78 record of all votes cast, must be maintained for all meetings. 79 1. The board shall be composed of nine members appointed by 80 the Governor who are residents of the county and have an 81 outstanding reputation for professional ability with substantial 82 professional accomplishment in their fields, as follows: 83 a. One member from the county’s official economic 84 development organization that is designated by Enterprise 85 Florida, Inc. 86 b. One member with experience in higher education. 87 c. One member with experience in higher education 88 management. 89 d. One member who is a professional engineer. 90 e. One member who is a certified public accountant licensed 91 in this state. 92 f. One member who is an attorney licensed to practice law 93 in this state. 94 g. One member with experience in real estate development. 95 h. One member with experience in finance. 96 i. One member who is a professional architect. 97 2. Initial appointments to the oversight board shall be 98 made by the Governor within 60 days after the passage of the 99 referendum. Each member shall be appointed for a 4-year term and 100 may be reappointed. A vacancy on the board shall be filled for 101 the unexpired portion of the term in the same manner as the 102 original appointment. 103 (g) The Florida College System institution board of 104 trustees and the state university board of trustees shall 105 annually prepare plans that specify how each board of trustees 106 intends to allocate and expend the funds for the institutions’ 107 upcoming fiscal year and submit such plans to the oversight 108 board for approval. All proposed spending plans to be considered 109 for approval must be presented at a quarterly meeting of the 110 oversight board and may not be considered for final approval 111 until the following scheduled quarterly meeting, which shall be 112 at least 90 days after the previous quarterly meeting. 113 (h) The annual apportionment of state funds for the support 114 of a state university and a Florida College System institution 115 allocated under general law may not be reduced because the 116 institutions have received funds pursuant to a sales surtax 117 levied under this subsection. 118 (i) A surtax imposed under this subsection expires 5 years 119 after the effective date of the surtax. 120 (j) A county that levies a surtax under this subsection may 121 not, for at least 20 years after expiration of the surtax, 122 propose another referendum for a surtax under this subsection. 123 Section 2. This act shall take effect upon becoming a law. 124 125 ================= T I T L E A M E N D M E N T ================ 126 And the title is amended as follows: 127 Delete everything before the enacting clause 128 and insert: 129 A bill to be entitled 130 131