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





                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    

                            CHAMBER ACTION
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11  Senators Kirkpatrick, Silver, and Gutman moved the following

12  amendment to amendment (553475):

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14         Senate Amendment (with title amendment) 

15         On page 168, between lines 26 and 27,

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17  insert:

18         Section 71.  Subsection (5) is added to section

19  218.503, Florida Statutes, to read:

20         218.503  Determination of financial emergency.--

21         (5)(a)  The governing authority of any municipality

22  with a resident population of 300,000 or more on April 1,

23  1999, and which has been declared in a state of financial

24  emergency pursuant to this section within the previous 2

25  fiscal years may impose a discretionary per-vehicle surcharge

26  of up to 20 percent on the gross revenues of the sale, lease,

27  or rental of space at parking facilities within the

28  municipality that are open for use to the general public.

29         (b)  A municipal governing authority that imposes the

30  surcharge authorized by this subsection may use the proceeds

31  of such surcharge for the following purposes only:

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                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    





 1         1.  No less than 60 percent and no more than 80 percent

 2  of the surcharge proceeds shall be used by the governing

 3  authority to reduce its ad valorem tax millage rate or to

 4  reduce or eliminate non-ad valorem assessments.

 5         2.  A portion of the balance of the surcharge proceeds

 6  shall be used by the governing authority to increase its

 7  budget reserves; however, the governing authority shall not

 8  reduce the amount it allocates for budget reserves from other

 9  sources below the amount allocated for reserves in the fiscal

10  year prior to the year in which the surcharge is initially

11  imposed. When a 15 percent budget reserve is achieved, based

12  on the average gross revenue for the most recent 3 prior

13  fiscal years, the remaining proceeds from this subparagraph

14  shall be used for the payment of annual debt service related

15  to outstanding obligations backed or secured by a covenant to

16  budget and appropriate from non-ad valorem revenues.

17         (c)  This subsection is repealed on June 30, 2006.

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19  (Redesignate subsequent sections.)

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22  ================ T I T L E   A M E N D M E N T ===============

23  And the title is amended as follows:

24         On page 181, line 31, after the semicolon

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26  insert:

27         amending s. 218.503, F.S.; authorizing certain

28         municipalities to impose a discretionary

29         per-vehicle surcharge on the gross revenues of

30         the sale, lease, or rental of space at parking

31         facilities within the municipality that are

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                                                  SENATE AMENDMENT

    Bill No. CS for CS for SB 1566, 1st Eng.

    Amendment No.    





 1         open for use to the public; providing for use

 2         of surcharge proceeds;

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