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Bill > H0559


FL H0559

FL H0559
Land Acquisition Funding


summary

Introduced
01/31/2023
In Committee
02/07/2023
Crossed Over
Passed
Dead
05/05/2023

Introduced Session

2023 Regular Session

Bill Summary

Extends retirement date of bonds issues to fund Florida Forever Act; revises distribution of proceeds from Florida Forever Trust Fund for land acquisition & capital project expenditures under Florida Forever Act; requires specified annual appropriation to Florida Forever Trust Fund; prohibits use of moneys from Land Acquisition Trust Fund for specified costs.

AI Summary

This bill extends the retirement date of bonds issued to fund the Florida Forever Act from 2040 to 2054. It revises the distribution of proceeds from the Florida Forever Trust Fund to increase the percentages allocated for land acquisition and capital project expenditures by various state agencies and programs. The bill also requires a specified annual appropriation to the Florida Forever Trust Fund and prohibits the use of moneys from the Land Acquisition Trust Fund for certain administrative costs.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Died in Agriculture & Natural Resources Appropriations Subcommittee (on 05/05/2023)

bill text


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