Florida Senate - 2019                                     SB 376
       
       
        
       By Senator Montford
       
       
       
       
       
       3-00887A-19                                            2019376__
    1                        A bill to be entitled                      
    2         An act relating to the Land Acquisition Trust Fund;
    3         amending s. 375.041, F.S.; requiring that certain
    4         funds distributed into the Land Acquisition Trust Fund
    5         be used for conservation and management projects in
    6         certain counties; providing the types of projects for
    7         which the Department of Environmental Protection may
    8         use such funds; removing an obsolete provision;
    9         providing an effective date.
   10          
   11  Be It Enacted by the Legislature of the State of Florida:
   12  
   13         Section 1. Subsection (3) of section 375.041, Florida
   14  Statutes, is amended to read:
   15         375.041 Land Acquisition Trust Fund.—
   16         (3) Funds distributed into the Land Acquisition Trust Fund
   17  pursuant to s. 201.15 must shall be applied:
   18         (a) First, to pay debt service or to fund debt service
   19  reserve funds, rebate obligations, or other amounts payable with
   20  respect to Florida Forever bonds issued under s. 215.618; and
   21  pay debt service, provide reserves, and pay rebate obligations
   22  and other amounts due with respect to Everglades restoration
   23  bonds issued under s. 215.619; and
   24         (b) Of the funds remaining after the payments required
   25  under paragraph (a), but before funds may be appropriated,
   26  pledged, or dedicated for other uses:
   27         1. A minimum of the lesser of 25 percent or $200 million
   28  must shall be appropriated annually for Everglades projects that
   29  implement the Comprehensive Everglades Restoration Plan as set
   30  forth in s. 373.470, including the Central Everglades Planning
   31  Project subject to Congressional authorization; the Long-Term
   32  Plan as defined in s. 373.4592(2); and the Northern Everglades
   33  and Estuaries Protection Program as set forth in s. 373.4595.
   34  From these funds, $32 million must shall be distributed each
   35  fiscal year through the 2023-2024 fiscal year to the South
   36  Florida Water Management District for the Long-Term Plan as
   37  defined in s. 373.4592(2). After deducting the $32 million
   38  distributed under this subparagraph, from the funds remaining, a
   39  minimum of the lesser of 76.5 percent or $100 million must shall
   40  be appropriated each fiscal year through the 2025-2026 fiscal
   41  year for the planning, design, engineering, and construction of
   42  the Comprehensive Everglades Restoration Plan as set forth in s.
   43  373.470, including the Central Everglades Planning Project, the
   44  Everglades Agricultural Area Storage Reservoir Project, the Lake
   45  Okeechobee Watershed Project, the C-43 West Basin Storage
   46  Reservoir Project, the Indian River Lagoon-South Project, the
   47  Western Everglades Restoration Project, and the Picayune Strand
   48  Restoration Project. The Department of Environmental Protection
   49  and the South Florida Water Management District shall give
   50  preference to those Everglades restoration projects that reduce
   51  harmful discharges of water from Lake Okeechobee to the St.
   52  Lucie or Caloosahatchee estuaries in a timely manner. For the
   53  purpose of performing the calculation provided in this
   54  subparagraph, the amount of debt service paid pursuant to
   55  paragraph (a) for bonds issued after July 1, 2016, for the
   56  purposes set forth under this paragraph must (b) shall be added
   57  to the amount remaining after the payments required under
   58  paragraph (a). The amount of the distribution calculated must
   59  shall then be reduced by an amount equal to the debt service
   60  paid pursuant to paragraph (a) on bonds issued after July 1,
   61  2016, for the purposes set forth under this subparagraph.
   62         2. A minimum of the lesser of 7.6 percent or $50 million
   63  must shall be appropriated annually for spring restoration,
   64  protection, and management projects. For the purpose of
   65  performing the calculation provided in this subparagraph, the
   66  amount of debt service paid pursuant to paragraph (a) for bonds
   67  issued after July 1, 2016, for the purposes set forth under this
   68  paragraph must (b) shall be added to the amount remaining after
   69  the payments required under paragraph (a). The amount of the
   70  distribution calculated shall then be reduced by an amount equal
   71  to the debt service paid pursuant to paragraph (a) on bonds
   72  issued after July 1, 2016, for the purposes set forth under this
   73  subparagraph.
   74         3. The sum of $5 million must shall be appropriated
   75  annually each fiscal year through the 2025-2026 fiscal year to
   76  the St. Johns River Water Management District for projects
   77  dedicated to the restoration of Lake Apopka. This distribution
   78  must shall be reduced by an amount equal to the debt service
   79  paid pursuant to paragraph (a) on bonds issued after July 1,
   80  2016, for the purposes set forth in this subparagraph.
   81         4. The sum of $64 million is appropriated and must shall be
   82  transferred to the Everglades Trust Fund for the 2018-2019
   83  fiscal year, and each fiscal year thereafter, for the EAA
   84  reservoir project pursuant to s. 373.4598. Any funds remaining
   85  in any fiscal year must shall be made available only for Phase
   86  II of the C-51 reservoir project or projects identified in
   87  subparagraph 1. and must be used in accordance with laws
   88  relating to such projects. Any funds made available for such
   89  purposes in a fiscal year are in addition to the amount
   90  appropriated under subparagraph 1. This distribution must shall
   91  be reduced by an amount equal to the debt service paid pursuant
   92  to paragraph (a) on bonds issued after July 1, 2017, for the
   93  purposes set forth in this subparagraph.
   94         5. The sum of $50 million must be appropriated each fiscal
   95  year through the 2025-2026 fiscal year for projects dedicated to
   96  conservation and management projects in the following counties
   97  impacted by Hurricane Michael during the 2018 hurricane season:
   98  Bay, Calhoun, Franklin, Gadsden, Gulf, Holmes, Jackson,
   99  Jefferson, Leon, Liberty, Okaloosa, Wakulla, Walton, and
  100  Washington. This distribution must be reduced by an amount equal
  101  to the debt service paid pursuant to paragraph (a) on bonds
  102  issued after July 1, 2019, for the purposes set forth in this
  103  subparagraph. The Department of Environmental Protection may use
  104  these funds for reforestation; ecosystem management; fire
  105  control measures; debris removal; pollution mitigation; beach
  106  renourishment; coastal armoring and protection; and the
  107  construction, enhancement, or expansion of wastewater treatment
  108  facilities Notwithstanding subparagraph 3., for the 2018-2019
  109  fiscal year, funds shall be appropriated as provided in the
  110  General Appropriations Act. This subparagraph expires July 1,
  111  2019.
  112         Section 2. This act shall take effect July 1, 2019.