Florida Senate - 2016 SENATOR AMENDMENT
Bill No. CS for SB 92
Senate . House
Floor: 1/AD/2R .
02/10/2016 05:19 PM .
Senator Negron moved the following:
1 Senate Amendment (with title amendment)
3 Before line 30
5 Section 1. Subsection (2) of section 288.8013, Florida
6 Statutes, is amended to read:
7 288.8013 Triumph Gulf Coast, Inc.; Recovery Fund; creation;
9 (2) Triumph Gulf Coast, Inc., must create and administer
10 the Recovery Fund for the benefit of the disproportionately
11 affected counties. The principal of the fund shall derive from
12 75 percent of all funds received by the state pursuant to the
13 settlement agreement between the gulf states and the BP entities
14 with respect to economic claims arising from the Deepwater
15 Horizon incident
recovered by the Attorney General for economic
16 damage to the state resulting from the Deepwater Horizon
17 disaster, after payment of reasonable and necessary attorney
18 fees, costs, and expenses, including such attorney fees, costs,
19 and expenses pursuant to s. 16.0155. Moneys that account for the
20 principal of the Recovery Fund shall be transferred to the
21 Recovery Fund no later than 30 days after they are received.
23 ================= T I T L E A M E N D M E N T ================
24 And the title is amended as follows:
25 Delete line 2
26 and insert:
27 An act relating to contaminated sites; amending s.
28 288.8013, F.S; revising the funding source of the
29 principal of the Recovery Fund for the Deepwater
30 Horizon incident; requiring that certain funds be
31 transferred to the Recovery Fund within a specified
32 timeframe; amending s.