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| 1 | A bill to be entitled | ||
| 2 | An act relating to cultural and historical preservation | ||
| 3 | funding; amending s. 15.09, F.S.; providing for deposit of | ||
| 4 | certain reinstatement fees, late fees, and penalties | ||
| 5 | collected by the Division of Corporations of the | ||
| 6 | Department of State into the Cultural Institutions Trust | ||
| 7 | Fund rather than the General Revenue Fund; providing for | ||
| 8 | disbursement of such revenues to fund cultural and | ||
| 9 | historical preservation grants and programs; providing an | ||
| 10 | effective date. | ||
| 11 | |||
| 12 | Be It Enacted by the Legislature of the State of Florida: | ||
| 13 | |||
| 14 | Section 1. Subsection (4) of section 15.09, Florida | ||
| 15 | Statutes, is amended to read: | ||
| 16 | 15.09 Fees.-- | ||
| 17 | (4)(a) Except as provided in paragraph (b),all funds | ||
| 18 | collected by the Division of Corporations of the department | ||
| 19 | shall be deposited in the General Revenue Fund. | ||
| 20 | (b) All reinstatement fees, late fees, and penalties | ||
| 21 | collected pursuant to ss. 607.0122(13), 607.1422(1), | ||
| 22 | 607.1502(4), 607.193(2)(b), 617.0122(13), 617.1422(1), and | ||
| 23 | 617.1623(1) shall be deposited in the Cultural Institutions | ||
| 24 | Trust Fund and disbursed each fiscal year as follows: | ||
| 25 | 1. The sum of $2 million shall be transferred to the | ||
| 26 | Historical Resources Operating Trust Fund for the purpose of | ||
| 27 | funding historic preservation matching grants pursuant to s. | ||
| 28 | 267.0617. | ||
| 29 | 2. The sum of $1.75 million shall be transferred to the | ||
| 30 | Historical Resources Operating Trust Fund for the purpose of | ||
| 31 | funding historical museum grants pursuant to s. 267.0619. | ||
| 32 | 3. The sum of $14.3 million shall be used for the purpose | ||
| 33 | of funding cultural grants as provided in ss. 265.2861, 265.608, | ||
| 34 | and 265.609. | ||
| 35 | 4. Any remaining proceeds shall be used for the purpose of | ||
| 36 | providing state matching funds for the Cultural Endowment | ||
| 37 | Program as provided in s. 265.606. | ||
| 38 | |||
| 39 | If proceeds fall below the amounts required to be disbursed in | ||
| 40 | subparagraphs 1.-3., the spending authority provided in this | ||
| 41 | paragraph for the Cultural Institutions Trust Fund and the | ||
| 42 | Historical Resources Operating Trust Fund shall be reduced | ||
| 43 | proportionally. | ||
| 44 | Section 2. This act shall take effect July 1, 2004. | ||