Florida Senate - 2014                          SENATOR AMENDMENT
       Bill No. CS for CS for SB 790
                              LEGISLATIVE ACTION                        
                    Senate             .             House              

       Senator Legg moved the following:
    1         Senate Amendment to Amendment (871356) (with title
    2  amendment)
    4         Delete line 9
    5  and insert:
    6         (6) Pursuant to s. 9(a)(2), Art. XII of the State
    7  Constitution and s. 203.01(1)(c)2., all revenues collected from
    8  gross receipts taxes are deposited into the Public Education
    9  Capital Outlay and Debt Service Trust Fund. Such revenues
   10  deposited into the trust fund are pledged and required to first
   11  be used for the payment of principal and interest on bonds
   12  secured by gross receipts tax revenues as provided in s.
   13  9(a)(2), Art. XII of the State Constitution. The State Board of
   14  Education shall at least once per
   16  ================= T I T L E  A M E N D M E N T ================
   17  And the title is amended as follows:
   18         Delete line 48
   19  and insert:
   20         215.61, F.S.; requiring deposit of a certain amount of
   21         funds into a separate account within the Public
   22         Education Capital Outlay and Debt Service Trust Fund;
   23         requiring transfer of such funds to the State Board of
   24         Administration for the timely payment of principal and
   25         interest on bonds; requiring the State Board of
   26         Education