Senate Bill 2028

    Florida Senate - 1998                                  SB 2028

    By Senator Latvala





    19-1459-98

  1                      A bill to be entitled

  2         An act relating to the State Lands Management

  3         Trust Fund; creating s. 253.026, F.S.; creating

  4         the State Lands Management Trust Fund;

  5         providing its purposes; providing an effective

  6         date.

  7

  8  Be It Enacted by the Legislature of the State of Florida:

  9

10         Section 1.  Section 253.026, Florida Statutes, is

11  created to read:

12         253.026  State Lands Management Trust Fund; purpose.--

13         (1)  The Legislature recognizes that the state's land

14  acquisition programs have resulted in an increasing amount of

15  conservation and recreation lands and other lands having

16  important cultural, restoration, and natural resource values

17  being placed in the ownership and control of the state and

18  water management districts. The Legislature recognizes the

19  need to provide financial resources for the management and use

20  of these public lands and to provide compensation to

21  qualifying local governments for actual ad valorem tax losses

22  as a result of the state's land acquisition programs.

23         (2)(a)  The State Lands Management Trust Fund is

24  established within the Department of Environmental Protection.

25  Beginning July 1, 1998, the fund shall be credited with

26  proceeds from the following excise taxes:

27         1.  The excise tax on documents as provided in s.

28  201.15(4) and (5); and

29         2.  The excise tax on the severance of phosphate rock

30  as provided in s. 211.3103(2) or (3).

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CODING: Words stricken are deletions; words underlined are additions.






    Florida Senate - 1998                                  SB 2028
    19-1459-98




  1         (b)  Except for the amounts required to make any debt

  2  service payments on bonds issued prior to July 1, 1998, under

  3  s. 373.584, which have a priority, the fund must be used

  4  exclusively for management, maintenance, and capital

  5  improvements on lands acquired for conservation, open spaces,

  6  recreation, cultural, or ecosystem restoration purposes; for

  7  beach renourishment and restoration activities; for water

  8  resource development and water supply development activities;

  9  and for payments in lieu of taxes to qualifying local

10  governments under s. 259.032(12) and s. 373.59(14).

11         Section 2.  This act shall take effect on the effective

12  date of Senate Bill     , but it shall not take effect unless

13  it is enacted by a three-fifths vote of the membership of each

14  house of the Legislature and unless SB     , 1998 Regular

15  Session, becomes a law.

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17            *****************************************

18                          SENATE SUMMARY

19    Creates the State Lands Management Trust Fund to be
      administered by the Department of Environmental
20    Protection for the purpose of providing financial
      resources for the management and use of public lands and
21    to provide compensation to local governments for ad
      valorem tax losses.
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