Florida Senate - 2015             CONFERENCE COMMITTEE AMENDMENT
       Bill No. SB 2520-A
       
       
       
       
       
       
                                Ì205190~Î205190                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
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                 Floor: AD/CR          .            Floor: C            
             06/19/2015 03:50 PM       .      06/19/2015 06:32 PM       
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       The Conference Committee on SB 2520-A recommended the following:
       
    1         Senate Conference Committee Amendment (with title
    2  amendment)
    3  
    4         Delete everything after the enacting clause
    5  and insert:
    6         Section 1. Section 20.142, Florida Statutes, is created to
    7  read:
    8         20.142 Land Acquisition Trust Fund.—
    9         (1) The Land Acquisition Trust Fund is created within the
   10  Department of Agriculture and Consumer Services. The trust fund
   11  is established for use as a depository for funds received from
   12  the Land Acquisition Trust Fund within the Department of
   13  Environmental Protection and for expenditure of such funds for
   14  the purposes set forth in s. 28, Art. X of the State
   15  Constitution.
   16         (2) The Department of Agriculture and Consumer Services
   17  must maintain the integrity of such moneys transferred from the
   18  Department of Environmental Protection. Any transferred moneys
   19  available from reversions or reductions in budget authority
   20  shall be transferred back to the Land Acquisition Trust Fund
   21  within the Department of Environmental Protection within 15 days
   22  after such reversion or reduction and shall be available for
   23  future appropriation for the purposes set forth in s. 28, Art. X
   24  of the State Constitution.
   25         (3) If expenditures from the trust fund will result in
   26  state ownership of land or related property interests, title
   27  shall be vested in the Board of Trustees of the Internal
   28  Improvement Trust Fund as required under chapter 253. Such
   29  acquisition of land or related property interests shall be by
   30  voluntary, negotiated acquisition and, if title is to be vested
   31  in the Board of Trustees of the Internal Improvement Trust Fund,
   32  is subject to the acquisition procedures of s. 253.025.
   33  Acquisition costs shall include purchase prices and costs and
   34  fees associated with title work, surveys, and appraisals
   35  required to complete an acquisition. The Department of
   36  Agriculture and Consumer Services or its designee shall manage
   37  such lands or related property interests in accordance with the
   38  purposes set forth in s. 28, Art. X of the State Constitution.
   39  Other uses, not contrary to such purposes, may be authorized.
   40         (4) Moneys in the trust fund may not be invested as
   41  provided in s. 17.61, but shall be retained in the trust fund
   42  for investment with interest appropriated to the General Revenue
   43  Fund as provided in s. 17.57.
   44         (5) In accordance with s. 19(f)(2), Art. III of the State
   45  Constitution, the Land Acquisition Trust Fund within the
   46  Department of Agriculture and Consumer Services shall, unless
   47  terminated sooner, be terminated on July 1, 2019. Before its
   48  scheduled termination, the trust fund shall be reviewed as
   49  provided in s. 215.3206.
   50         Section 2. Except as otherwise expressly provided in this
   51  act and except for this section, which shall take effect upon
   52  this act becoming a law, this act shall take effect July 1,
   53  2015, or, if this act fails to become a law until after that
   54  date, it shall take effect upon becoming a law and operate
   55  retroactively to July 1, 2015.
   56  
   57  ================= T I T L E  A M E N D M E N T ================
   58  And the title is amended as follows:
   59         Delete everything before the enacting clause
   60  and insert:
   61                        A bill to be entitled                      
   62         An act relating to trust funds; creating s. 20.142,
   63         F.S.; creating the Land Acquisition Trust Fund within
   64         the Department of Agriculture and Consumer Services;
   65         providing for the purpose of the trust fund and
   66         sources of funds; requiring the department to maintain
   67         the integrity of such funds; providing for disposition
   68         of funds from reversions or reductions in budget
   69         authority from the trust fund; requiring that title to
   70         lands or related property interests acquired be vested
   71         in the Board of Trustees of the Internal Improvement
   72         Trust Fund; requiring the department or its designee
   73         to manage lands or related property interests acquired
   74         in accordance with the purposes set forth in s. 28,
   75         Article X of the State Constitution; providing a
   76         restriction on how funds may be invested; providing
   77         for future review and termination or re-creation of
   78         the trust fund; providing for contingent retroactive
   79         operation; providing effective dates.