Bill Amendment: FL S2500 | 2015 | Regular Session
NOTE: For additional amemendments please see the Bill Drafting List
Bill Title: Appropriations
Status: 2015-05-01 - Died in returning Messages [S2500 Detail]
Download: Florida-2015-S2500-House_Floor_Amendment_995031.html
Bill Title: Appropriations
Status: 2015-05-01 - Died in returning Messages [S2500 Detail]
Download: Florida-2015-S2500-House_Floor_Amendment_995031.html
995031 GENERAL APPROPRIATIONS BILL Committee Amendment SB2500 AGG 24 Senator(s)Altman moved the following amendment:Section: 05 EXPLANATION: On Page: 211 Authorizes $335,000,000 in bond proceeds from the Florida Forever program to provide $300,000,000 for Spec App: 1570 land acqusition in the Florida Forever program, $15,000,000 for state park facility improvements, and $20,000,000, for Kissimmee River land acquisition. The amendment also provides $33,500,000 from the Land Acquisition Trust Fund to support the annual debt service payments for the issuance of the bonds. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 33,500,000 0 33,500,000 Non-Recurring - 296,000,000 0 296,000,000 ______________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT ENVIRONMENTAL PROTECTION, DEPARTMENT OF Program: State Lands Land Administration And Management 37100400 In Section 05 On Page 211 1570 Fixed Capital Outlay 084108 Land Acquisition, Environmentally Endangered, Unique/ Irreplaceable Lands, Statewide IOEJ 2348 Florida Forever Trust Fund 2,000,000 300,000,000 CA 298,000,000 FSI1NR 298,000,000 Immediately following Specific Appropriation 1570, INSERT: From the funds in Specific Appropriation 1570, $300,000,000 from the Florida Forever Trust Fund are provided pursuant to section 259.105, Florida Statutes, from bonds authorized from the Florida Forever Program. Program: Recreation And Parks State Park Operations 37500300995031 Log:0008 JAH/JAH 03/30/15 08:47:30 PM Senate Page: 1 In Section 05 On Page 225 1707 Fixed Capital Outlay 080039 State Park Facility Improvements IOEJ 2348 Florida Forever Trust Fund 15,000,000 CA 15,000,000 FSI1NR 15,000,000 2423 Land Acquisition Trust Fund 15,000,000 0 CA -15,000,000 FSI1NR -15,000,000 Immediately following Specific Appropriation 1707, INSERT: From the funds in Specific Appropriation 1707, 15,000,000 from the Florida Forever Trust Fund for state park facility improvements are provided from the proceeds of bonds authorized from the Florida Forever program. Program: Water Policy And Ecosystems Restoration Water Policy And Ecosystems Restoration 37200100 In Section 05 On Page 216 1618 Fixed Capital Outlay 083045 Land Acquisition IOEJ 2348 Florida Forever Trust Fund 20,000,000 CA 20,000,000 FSI1NR 20,000,000 2423 Land Acquisition Trust Fund 20,000,000 0 CA -20,000,000 FSI1NR -20,000,000 At the end of existing proviso language, following Specific Appropriation 1618, INSERT: From the funds in Specific Appropriation 1618, $20,000,000 from the Florida Forever Trust Fund are provided from the proceeds of bonds authorized from the Florida Forever program. Program: State Lands Land Administration And Management 37100400 In Section 05 On Page 000 1570A Fixed Capital Outlay 081117 Debt Service - Florida Forever Bonds - New Series IOEN 2423 Land Acquisition Trust Fund 33,500,000 CA 33,500,000 FSI1 33,500,000 Immediately following Specific Appropriation 1570A, INSERT:995031 Log:0008 JAH/JAH 03/30/15 08:47:30 PM Senate Page: 2 Funds provided in Specific Appropriation 1570A are for Fiscal Year 2015-2016 debt service on new bonds authorized pursuant to section 215.618, Florida Statutes, including any other continuing payments necessary or incidental to the repayment of the bonds, such as remarketing agent fees, tender agent fees, liquidity facility provider fees and similar fees and expenses. These funds may be used to refinance any or all series if it is in the best interest of the state as determined by the Division of Bond Finance. If the debt service varies as a result of a change in the interest rate, timing of issuance, or other circumstances, there is appropriated from the Land Acquisition Trust Fund an amount sufficient to pay such debt service. In Section 05 On Page 211 1569A Special Categories 109983 Transfer To Florida Forever Trust Fund IOEH 2423 Land Acquisition Trust Fund 2,000,000 0 CA -2,000,000 FSI1NR -2,000,000995031 Log:0008 JAH/JAH 03/30/15 08:47:30 PM Senate Page: 3