| 1 | Representative Seiler offered the following: |
| 2 |
|
| 3 | Amendment (with ballot and title amendments) |
| 4 | Remove line(s) 17-104 and insert: |
| 5 | revenue limitation.-- |
| 6 | (a) No tax shall be levied except in pursuance of law. No |
| 7 | state ad valorem taxes shall be levied upon real estate or |
| 8 | tangible personal property. All other forms of taxation shall be |
| 9 | preempted to the state except as provided by general law. |
| 10 | (b) Motor vehicles, boats, airplanes, trailers, trailer |
| 11 | coaches and mobile homes, as defined by law, shall be subject to |
| 12 | a license tax for their operation in the amounts and for the |
| 13 | purposes prescribed by law, but shall not be subject to ad |
| 14 | valorem taxes. |
| 15 | (c) No money shall be drawn from the treasury except in |
| 16 | pursuance of appropriation made by law. |
| 17 | (d) Provision shall be made by law for raising sufficient |
| 18 | revenue to defray the expenses of the state for each fiscal |
| 19 | period. |
| 20 | (e) Except as provided herein, state revenues collected |
| 21 | for any fiscal year shall be limited to state revenues allowed |
| 22 | under this subsection for the prior fiscal year plus an |
| 23 | adjustment for growth. As used in this subsection, "growth" |
| 24 | means an amount equal to the average annual rate of growth in |
| 25 | Florida personal income over the most recent twenty quarters |
| 26 | times the state revenues allowed under this subsection for the |
| 27 | prior fiscal year multiplied by the sum of one percentage point |
| 28 | plus the combined average annual rate of change in population |
| 29 | and in the Consumer Price Index as initially reported by the |
| 30 | United States Department of Labor, or successor reports, over |
| 31 | the most recent five years. For the 2009-2010 1995-1996 fiscal |
| 32 | year, the state revenues allowed under this subsection for the |
| 33 | prior fiscal year shall equal the state revenues collected in |
| 34 | the 2007-2008 fiscal year plus an adjustment for growth for the |
| 35 | 2008-2009 1994-1995 fiscal year. Florida personal income shall |
| 36 | be determined by the legislature, from information available |
| 37 | from the United States Department of Commerce or its successor |
| 38 | on the first day of February prior to the beginning of the |
| 39 | fiscal year. State revenues collected for any fiscal year in |
| 40 | excess of this limitation shall be transferred to the budget |
| 41 | stabilization fund until the fund reaches the maximum balance |
| 42 | specified in Section 19(g) of Article III, or returned and |
| 43 | thereafter shall be refunded to taxpayers as provided by general |
| 44 | law. State revenues allowed under this subsection for any fiscal |
| 45 | year may be increased by a two-thirds vote of the membership of |
| 46 | each house of the legislature in a separate bill that contains |
| 47 | no other subject and that sets forth the dollar amount by which |
| 48 | the state revenues allowed will be increased. The vote may not |
| 49 | be taken less than seventy-two hours after the third reading of |
| 50 | the bill. For purposes of this subsection, "state revenues" |
| 51 | means taxes, fees, licenses, fines, and charges for services |
| 52 | imposed by the legislature on individuals, businesses, or |
| 53 | agencies outside state government. However, "state revenues" |
| 54 | does not include: revenues that are necessary to meet the |
| 55 | requirements set forth in documents authorizing the issuance of |
| 56 | bonds by the state prior to July 1, 2008; revenues that are used |
| 57 | to provide matching funds for the federal Medicaid program with |
| 58 | the exception of the revenues used to support the Public Medical |
| 59 | Assistance Trust Fund or its successor program and with the |
| 60 | exception of state matching funds used to fund elective |
| 61 | expansions made after July 1, 1994; proceeds from the state |
| 62 | lottery returned as prizes; receipts of the Florida Hurricane |
| 63 | Catastrophe Fund and Citizens Property Insurance Corporation; |
| 64 | receipts of public universities and community colleges; balances |
| 65 | carried forward from prior fiscal years; taxes, licenses, fees, |
| 66 | and charges for services imposed by local, regional, or school |
| 67 | district governing bodies; or revenue from taxes, licenses, |
| 68 | fees, and charges for services required to be imposed by any |
| 69 | amendment or revision to this constitution after July 1, 1994. |
| 70 | An adjustment to the revenue limitation shall be made by general |
| 71 | law to reflect the fiscal impact of transfers of responsibility |
| 72 | for the funding of governmental functions between the state and |
| 73 | other levels of government. The legislature shall, by general |
| 74 | law, prescribe procedures necessary to administer this |
| 75 | subsection. |
| 76 |
|
| 77 |
|
| 78 | ====== B A L L O T S T A T E M E N T A M E N D M E N T ===== |
| 79 | Remove line 109-119 and insert: |
| 80 | STATE REVENUE LIMITATIONS.--Proposing an amendment to the |
| 81 | State Constitution to revise the state revenue limitation by |
| 82 | providing that state revenue growth shall be limited to changes |
| 83 | in population and inflation, plus one percentage point, and by |
| 84 | changing the types of revenues that are subject to the |
| 85 | limitation. |
| 86 |
|
| 87 |
|
| 88 | ----------------------------------------------------- |
| 89 | T I T L E A M E N D M E N T |
| 90 | Remove line(s) 4-5 and insert: |
| 91 | revenue limitation. |