summary
Introduced
12/03/2019
12/03/2019
In Committee
12/16/2019
12/16/2019
Crossed Over
Passed
Dead
03/14/2020
03/14/2020
Introduced Session
2020 Regular Session
Bill Summary
An act relating to the Land Acquisition Trust Fund; amending s. 201.15, F.S.; revising the date by which bonds issued to fund the Florida Forever Act are intended to be retired; amending s. 375.041, F.S.; requiring a specified annual appropriation to the Florida Forever Trust Fund; deleting an obsolete provision; prohibiting moneys from the Land Acquisition Trust Fund from being used for specified costs; providing an effective date.
AI Summary
This bill amends the existing laws governing the Land Acquisition Trust Fund in Florida. Key provisions include:
1) Extending the intended retirement date for bonds issued to fund the Florida Forever Act from 2040 to 2054.
2) Requiring a minimum annual appropriation of $100 million to the Florida Forever Trust Fund for land acquisition and conservation projects.
3) Prohibiting the use of Land Acquisition Trust Fund monies for certain administrative costs within various state agencies, ensuring the funds are directed primarily towards conservation and environmental restoration efforts.
The bill aims to provide a long-term, stable source of funding for Florida's land acquisition and environmental protection programs, while also ensuring the efficient use of these dedicated funds.
Committee Categories
Budget and Finance
Sponsors (11)
Thad Altman (R)*,
Loranne Ausley (D),
Mike Beltran (R),
Chuck Brannan (R),
Anna Eskamani (D),
Javier Fernández (D),
Margaret Good (D),
Amy Mercado (D),
Anika Omphroy (D),
Tina Polsky (D),
Clovis Watson (D),
Last Action
Died in Agriculture and Natural Resources Appropriations Subcommittee (on 03/14/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.flsenate.gov/Session/Bill/2020/849 |
| Bill | https://www.flsenate.gov/Session/Bill/2020/849/BillText/Filed/PDF |
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