Florida Senate - 2016                        COMMITTEE AMENDMENT
       Bill No. SB 1392
       
       
       
       
       
       
                                Ì952892GÎ952892                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  01/27/2016           .                                
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       The Committee on Transportation (Brandes) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete lines 227 - 237
    4  and insert:
    5         Section 8. Subsection (4) of section 338.165, Florida
    6  Statutes, is amended, and subsection (11) is added to that
    7  section, to read:
    8         338.165 Continuation of tolls.—
    9         (4) Notwithstanding any other law to the contrary, pursuant
   10  to s. 11, Art. VII of the State Constitution, and subject to the
   11  requirements of subsection (2), the Department of Transportation
   12  may request the Division of Bond Finance to issue bonds secured
   13  by toll revenues collected on the Alligator Alley and, the
   14  Sunshine Skyway Bridge, the Beeline-East Expressway, the Navarre
   15  Bridge, and the Pinellas Bayway to fund transportation projects
   16  located within the county or counties in which the project is
   17  located and contained in the adopted work program of the
   18  department.
   19         (11) The department’s Pinellas Bayway System may be
   20  transferred by the department and become part of the turnpike
   21  system under the Florida Turnpike Enterprise Law. The transfer
   22  does not affect the rights of the parties, or their successors
   23  in interest, under the settlement agreement and final judgment
   24  in Leonard Lee Ratner, Esther Ratner, and Leeco Gas and Oil Co.
   25  v. State Road Department of the State of Florida, No. 67-1081
   26  (Fla. 2nd Cir. Ct. 1968). Upon transfer of the Pinellas Bayway
   27  System to the turnpike system, the department shall also
   28  transfer to the Florida Turnpike Enterprise the funds deposited
   29  in the reserve account established by chapter 85-364, Laws of
   30  Florida, as amended by chapters 95-382 and 2014-223, Laws of
   31  Florida, which funds shall be used by the Florida Turnpike
   32  Enterprise solely to help fund the costs of repair or
   33  replacement of the transferred facilities.
   34         Section 9. Chapter 85-364, Laws of Florida, as amended by
   35  chapters 95-382 and section 48 of 2014-223, Laws of Florida, is
   36  repealed.
   37  ================= T I T L E  A M E N D M E N T ================
   38  And the title is amended as follows:
   39         Delete lines 31 - 35
   40  and insert:
   41         amending s. 338.165, F.S.; deleting an authorization
   42         to issue certain bonds secured by toll revenues
   43         collected on the Beeline-East Expressway, the Navarre
   44         Bridge, and the Pinellas Bayway; authorizing the
   45         department’s Pinellas Bayway System to be transferred
   46         by the department and become part of the turnpike
   47         system under the Florida Turnpike Enterprise Law;
   48         providing applicability; requiring the department to
   49         transfer certain funds to the Florida Turnpike
   50         Enterprise for certain purposes; repealing chapter 85
   51         364, Laws of Florida, as amended, relating to the
   52         Pinellas Bayway; amending s. 338.231,