summary
Introduced
01/12/2017
01/12/2017
In Committee
01/25/2017
01/25/2017
Crossed Over
Passed
Dead
05/08/2017
05/08/2017
Introduced Session
Potential new amendment
2017 Regular Session
Bill Summary
Requiring a specified percentage of payments made to the state under a specified settlement of litigation related to the Deepwater Horizon oil spill be transferred from the General Revenue Fund to the Triumph Gulf Coast Trust Fund; requiring Triumph Gulf Coast, Inc., to ensure that a minimum percentage of funds appropriated for such awards from the trust fund be expended in certain affected counties; revising conflict of interest restrictions imposed on board members of Triumph Gulf Coast, Inc.; specifying that certain conflict of interest restrictions imposed on board members of the Triumph Gulf Coast, Inc., apply to members serving after a specified date, etc.
AI Summary
This bill:
- Requires 75% of payments to the state under the Deepwater Horizon oil spill settlement agreement to be transferred to the Triumph Gulf Coast Trust Fund, which is administered by the nonprofit corporation Triumph Gulf Coast, Inc.
- Allocates 40% of the initial funds received by July 1, 2017 to projects in the eight disproportionately affected counties, with no county receiving less than 5% of the total allocation. The remaining funds are to be allocated to projects in the disproportionately affected counties.
- Allocates 32% of subsequent funds received after July 1, 2017 to projects in the eight disproportionately affected counties, with no county receiving less than 4% of each settlement distribution. The remaining funds are to be allocated to projects in the disproportionately affected counties.
- Increases the board of directors of Triumph Gulf Coast, Inc. from 5 to 7 members, requiring the President of the Senate and Speaker of the House to each appoint an additional member from the four least populous disproportionately affected counties.
- Expands conflict of interest restrictions for board members and staff of Triumph Gulf Coast, Inc.
- Requires Triumph Gulf Coast, Inc. to ensure a minimum percentage of funds are expended in the disproportionately affected counties.
Committee Categories
Budget and Finance, Business and Industry
Sponsors (3)
Other Sponsors (2)
Appropriations (Senate), Commerce and Tourism (Senate)
Last Action
Laid on Table, companion bill(s) passed, see HB 7077 (Ch. 2017-63), HB 7079 (Ch. 2017-64), SB 2500 (Ch. 2017-70) (on 05/01/2017)
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 | http://www.flsenate.gov/Session/Bill/2017/364 |
| Senate Floor Amendment (Delete All) #542580 | http://www.flsenate.gov/Session/Bill/2017/364/Amendment/542580/HTML |
| Senate Floor Amendment #536526 | http://www.flsenate.gov/Session/Bill/2017/364/Amendment/536526/HTML |
| BillText | http://www.flsenate.gov/Session/Bill/2017/364/BillText/c2/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2017/364/BillText/c2/PDF |
| BillText | http://www.flsenate.gov/Session/Bill/2017/364/BillText/c1/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2017/364/BillText/c1/PDF |
| Senate Committee Amendment #347656 | http://www.flsenate.gov/Session/Bill/2017/364/Amendment/347656/HTML |
| BillText | http://www.flsenate.gov/Session/Bill/2017/0364/BillText/Filed/HTML |
| Bill | http://www.flsenate.gov/Session/Bill/2017/0364/BillText/Filed/PDF |
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