Senate Bill 0228

    Florida Senate - 2000                                   SB 228

    By Senator Saunders





    25-98-00

  1                      A bill to be entitled

  2         An act relating to the Florida Everglades

  3         Restoration Trust Fund; creating s. 375.046,

  4         F.S.; creating the Florida Everglades

  5         Restoration Trust Fund; providing for its

  6         purposes; providing a contingent effective

  7         date.

  8

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

10

11         Section 1.  Section 375.046, Florida Statutes, is

12  created to read:

13         375.046  Florida Everglades Restoration Trust Fund.--

14         (1)  There is created the Florida Everglades

15  Restoration Trust Fund to be administered by the Department of

16  Environmental Protection. Proceeds from the sale of revenue

17  bonds issued pursuant to s. 375.051 and s. 11(e), Article VII

18  of the State Constitution for the Florida Everglades

19  Restoration Act shall be deposited into this trust fund. The

20  bond resolution adopted by the governing board of the Division

21  of Bond Finance may provide for additional provisions that

22  govern the disbursement of the bond proceeds. Also, other

23  funds from grants and donations, federal funds, or other funds

24  from other sources specified by law may be deposited into this

25  fund and used for purposes of the Florida Everglades

26  Restoration Act.

27         (2)  Moneys deposited in this fund shall be spent only

28  on the following types of activities:

29         (a)  Projects that are joint federal-state partnerships

30  with project plans reflecting cost-share with federal or local

31  governments.

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






    Florida Senate - 2000                                   SB 228
    25-98-00




  1         (b)  Projects to restore natural water flows, retain

  2  seasonal flows, release impounded water, or improve a system's

  3  ability to remove nutrients and sediments.

  4         (c)  Projects that restore freshwater flows to major

  5  estuarine systems including Florida Bay and Biscayne Bay.

  6         (d)  Projects that have a goal of restoring native

  7  plant and animal communities.

  8         (e)  Projects that meet one or more of the provisions

  9  of s. 11(e), Art. VII of the State Constitution.

10         Section 2.  In accordance with Section 19(f)(2),

11  Article III of the State Constitution, the Florida Everglades

12  Restoration Trust Fund shall, unless terminated sooner, be

13  terminated on July 1, 2005. Before its scheduled termination,

14  the trust fund shall be reviewed as provided in section

15  215.3206(1) and (2), Florida Statutes.

16         Section 3.  This act shall take effect on the effective

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

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

19  house of the Legislature and unless SB     , 2000 Regular

20  Session, becomes a law.

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22            *****************************************

23                          SENATE SUMMARY

24    Creates the Florida Restoration Trust Fund to be
      administered by the Department of Environmental
25    Protection. Provides for review and termination or
      re-creation of the trust fund.
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