Bill > H1161

This bill makes several changes to Florida law, primarily concerning outdoor advertising and transportation funding. It allows the Department of Transportation (DOT) to generate revenue by "factoring" future income from leases for wireless communication facilities on DOT property, meaning investors can purchase these future revenue streams to fund transportation infrastructure projects, with these revenues being tax-exempt to maximize funds. The bill also modifies regulations related to outdoor advertising signs, including definitions and permitting requirements, and clarifies rules for commercial and industrial zones where signs can be placed. Additionally, it establishes a pilot program for the School District of Palm Beach County to allow signage on school property to recognize business partners, and it authorizes the DOT to enter into concession agreements for commercial sponsorship displays on multiuse trails and related facilities, with revenues used for trail maintenance.