Florida Senate - 2012 SENATOR AMENDMENT Bill No. CS for CS for SB 1304 Barcode 357172 LEGISLATIVE ACTION Senate . House . . . Floor: WD . 03/09/2012 07:02 PM . ————————————————————————————————————————————————————————————————— ————————————————————————————————————————————————————————————————— Senator Altman moved the following: 1 Senate Amendment (with title amendment) 2 3 Between lines 1063 and 1064 4 insert: 5 Section 17. Beginning 1 year after notice by the Department 6 of Economic Opportunity to the Department of Revenue that the 7 Department of Economic Opportunity has approved a plan developed 8 by the Florida Institute of Technology for establishing a space 9 exploration research institute, the Department of Revenue shall 10 distribute $416,666 per month to the Florida Institute of 11 Technology for the purpose of operating a space exploration 12 research institute. This amount represents sales and use taxes 13 generated by visitor activity at the Kennedy Space Center and 14 the Cape Canaveral Air Force Station. The Florida Institute of 15 Technology shall develop a plan for the space exploration 16 research institute in conjunction with Space Florida. 17 18 ================= T I T L E A M E N D M E N T ================ 19 And the title is amended as follows: 20 Delete line 68 21 and insert: 22 providing for application; directing the Department of 23 Revenue, after notice by the Department of Economic 24 Opportunity that certain contingencies have been met, 25 to distribute funds to the Florida Institute of 26 Technology to operate a space exploration research 27 institute; requiring the Florida Institute of 28 Technology to work in conjunction with Space Florida 29 to develop a plan for the institute; providing 30 effective dates.