Florida Senate - 2016 COMMITTEE AMENDMENT
Bill No. SB 1392
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LEGISLATIVE ACTION
Senate . House
Comm: RCS .
01/27/2016 .
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The Committee on Transportation (Brandes) recommended the
following:
1 Senate Substitute for Amendment (557494) (with title
2 amendment)
3
4 Between lines 351 and 352
5 insert:
6 Section 13. Subsection (3) of section 348.565, Florida
7 Statutes, is amended, and subsection (5) is added to that
8 section, to read:
9 348.565 Revenue bonds for specified projects.—The existing
10 facilities that constitute the Tampa-Hillsborough County
11 Expressway System are hereby approved to be refinanced by
12 revenue bonds issued by the Division of Bond Finance of the
13 State Board of Administration pursuant to s. 11(f), Art. VII of
14 the State Constitution and the State Bond Act or by revenue
15 bonds issued by the authority pursuant to s. 348.56(1)(b). In
16 addition, the following projects of the Tampa-Hillsborough
17 County Expressway Authority are approved to be financed or
18 refinanced by the issuance of revenue bonds in accordance with
19 this part and s. 11(f), Art. VII of the State Constitution:
20 (3) Lee Roy Selmon Crosstown Expressway System widening,
21 and any extensions thereof.
22 (5) Capital projects that the authority is authorized to
23 acquire, construct, reconstruct, equip, operate, and maintain
24 pursuant to this part, including, without limitation, s.
25 348.54(15), provided that any financing of such projects does
26 not pledge the full faith and credit of the state.
27 ================= T I T L E A M E N D M E N T ================
28 And the title is amended as follows:
29 Between lines 59 and 60
30 insert:
31 amending s. 348.565, F.S.; expanding the list of
32 projects of the Tampa-Hillsborough County Expressway
33 Authority which are approved to be financed or
34 refinanced by the issuance of certain revenue bonds;