| 1 | A bill to be entitled |
| 2 | An act relating to excise taxes on fuel and other |
| 3 | pollutants; amending s. 206.9935, F.S.; providing for |
| 4 | transferring certain amounts from the Inland Protection |
| 5 | Trust Fund to the Florida Coastal Protection Trust Fund |
| 6 | for certain purposes; providing an effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. Subsection (5) is added to section 206.9935, |
| 11 | Florida Statutes, to read: |
| 12 | 206.9935 Taxes imposed.-- |
| 13 | (5) The sum of $5 million or 2.5 percent, whichever is |
| 14 | greater, of the amount credited to the Inland Protection Trust |
| 15 | Fund pursuant to subsection (3) shall be transferred to the |
| 16 | Florida Coastal Protection Trust Fund and used for the purposes |
| 17 | authorized in s. 376.11. |
| 18 | Section 2. This act shall take effect July 1, 2007. |