Bill Text: FL S1168 | 2012 | Regular Session | Comm Sub
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Freight Mobility Development
Spectrum: Slight Partisan Bill (? 2-1)
Status: (Introduced - Dead) 2012-03-09 - Died on Calendar, companion bill(s) passed, see CS/CS/CS/HB 599 (Ch. [S1168 Detail]
Download: Florida-2012-S1168-Comm_Sub.html
Bill Title: Freight Mobility Development
Spectrum: Slight Partisan Bill (? 2-1)
Status: (Introduced - Dead) 2012-03-09 - Died on Calendar, companion bill(s) passed, see CS/CS/CS/HB 599 (Ch. [S1168 Detail]
Download: Florida-2012-S1168-Comm_Sub.html
Florida Senate - 2012 CS for SB 1168 By the Committee on Transportation; and Senator Ring 596-02037-12 20121168c1 1 A bill to be entitled 2 An act relating to freight mobility development; 3 providing definitions; providing tax credits of a 4 specified amount relating to increased trade 5 activities at port facilities for use against 6 specifically enumerated taxes for a specified number 7 of tax years; providing eligibility criteria, 8 limitations, conditions, requirements, and 9 prohibitions relating to applying for, approving, 10 calculating, claiming, issuing, recapturing, carrying 11 over, and redeeming such tax credits; providing for 12 application; requiring the Department of Economic 13 Opportunity to adopt rules; requesting the Division of 14 Statutory Revision to redesignate the title of ch. 15 311, F.S.; amending s. 311.07, F.S.; redesignating the 16 ports to be benefitted by the Florida Seaport 17 Transportation and Economic Development Program; 18 increasing the minimum amount of annual funding from 19 the State Transportation Trust Fund to the Florida 20 Seaport Transportation and Economic Development 21 Program; requiring the Florida Seaport Transportation 22 and Economic Development Council to develop guidelines 23 for project funding; providing for the allocation of 24 funds to projects and placement of projects in the 25 tentative work program; authorizing program funds to 26 be used for data collection and analysis; correcting a 27 cross-reference; deleting a requirement that 28 intermodal access projects eligible for funding under 29 the program be identified in the 5-year Florida 30 Seaport Mission Plan; authorizing program funds to be 31 used for updates to a seaport master plan or strategic 32 development plan; deleting limits on the maximum 33 amount of matching funds that a port may receive under 34 the program; making audits of a project receiving 35 funds under the program subject to the discretion of 36 the Department of Transportation; amending s. 311.09, 37 F.S.; revising the criteria that the Florida Seaport 38 Transportation and Economic Development Council must 39 use in evaluating certain proposed projects for 40 funding; deleting responsibilities of the Department 41 of Community Affairs with respect to projects approved 42 by the council; requiring the Department of 43 Transportation to review the applications for projects 44 approved by the council for consistency with the 45 Statewide Seaport and Waterways System Plan; requiring 46 the Department of Transportation to assess the 47 transportation impacts and economic benefits of 48 projects approved by the council; requiring the 49 Department of Economic Opportunity to review projects 50 approved by the council for consistency with state 51 economic development goals and policies and with 52 state, regional, and local plans; conforming cross 53 references; requiring the Department of Transportation 54 to request a specified minimum amount of funding for 55 the Florida Seaport Transportation and Economic 56 Development Program in its annual budget request; 57 requiring the Department of Transportation to include 58 projects approved under the program to be included in 59 the tentative work program; creating s. 311.10, F.S.; 60 creating the Strategic Port Investment Initiative; 61 requiring a specified minimum amount of annual funding 62 from the State Transportation Trust Fund to the 63 initiative; requiring the Department of Transportation 64 to create a prioritized list of strategic investment 65 projects; specifying criteria for placing a proposed 66 project on the list; requiring the Department of 67 Transportation to include projects on the list of 68 strategic investment projects in the tentative work 69 program; amending s. 311.14, F.S.; requiring the 70 Department of Transportation to develop a Statewide 71 Seaport and Waterways System Plan; specifying the 72 contents of the plan; deleting requirements for the 73 creation of freight-mobility and trade-corridor plans; 74 amending ss. 311.22 and 320.20, F.S.; conforming 75 cross-references to changes made by the act; providing 76 an effective date. 77 78 Be It Enacted by the Legislature of the State of Florida: 79 80 Section 1. Freight and logistics facility credit.— 81 (1) DEFINITIONS.—As used in this section, the term: 82 (a) “Capital investment” means the amount properly 83 chargeable to a capital account for improvements to rehabilitate 84 or expand depreciable real property placed in service during the 85 taxable year and the cost of machinery, tools, and equipment 86 used in a freight and logistics facility directly related to the 87 movement of cargo. The term includes expenditures associated 88 with any exterior, structural, mechanical, or electrical 89 improvements necessary to expand or rehabilitate a building for 90 commercial or industrial use and excavations, grading, paving, 91 driveways, roads, sidewalks, landscaping, or other land 92 improvements. For purposes of this section, machinery, tools, 93 and equipment shall be deemed to include only that property 94 placed in service by the freight and logistics facility on or 95 after January 1, 2013. The term does not include: 96 1. The cost of acquiring any real property or building. 97 2. The cost of furnishings. 98 3. Any expenditure associated with appraisal, 99 architectural, engineering, or interior design fees. 100 4. Loan fees, points, or capitalized interest. 101 5. Legal, accounting, realtor, sales and marketing, or 102 other professional fees. 103 6. Closing costs, permit fees, user fees, zoning fees, 104 impact fees, or inspection fees. 105 7. The costs of temporary facilities incurred during 106 construction or the costs of bids, insurance, signage, 107 utilities, bonding, or copying or lost rent. 108 8. Utility hookup or access fees. 109 9. Outbuildings. 110 10. The cost of any well or septic system. 111 (b) “Freight and logistics facility” means a company that: 112 1. Is engaged in port-related activities, including, but 113 not limited to, warehousing, distribution, freight forwarding 114 and handling, and goods processing; 115 2. Uses maritime port facilities as identified in s. 116 311.09, Florida Statutes; and 117 3. Transports at least 10 percent more cargo, measured in 118 20-foot equivalent marine containers, through maritime port 119 facilities identified in s. 311.09, Florida Statutes, during the 120 taxable year than was transported by the company through such 121 facilities during the previous taxable year. 122 (c) “New, permanent full-time position” means a job of 123 indefinite duration, created by the company after establishing 124 or expanding a freight and logistics facility in this state, 125 requiring a minimum of 35 hours of employment per week for each 126 employee for the entire normal year of the company’s operations, 127 or a position of indefinite duration that requires a minimum of 128 35 hours of employment per week for each employee for the 129 portion of the taxable year in which the employee was initially 130 hired for, or transferred to, the freight and logistics facility 131 in this state. Seasonal or temporary positions, or a job created 132 when a job function is shifted from an existing location in this 133 state to the freight and logistics facility, and positions in 134 building and grounds maintenance, security, and other such 135 positions that are ancillary to the principal activities 136 performed by the employees at the freight and logistics facility 137 do not qualify as new, permanent full-time positions. 138 (d) “Normal year” means at least 48 weeks in a calendar 139 year. 140 (e) “Qualified full-time employee” means an employee 141 filling a new, permanent full-time position in a freight and 142 logistics facility in this state. 143 (f) “Qualified trade activities” means the completed 144 exportation or importation of at least one International 145 Organization for Standardization ocean container, with a minimum 146 20-foot length, through a port facility identified in s. 311.09, 147 Florida Statutes. An export container must be loaded on a barge 148 or ocean-going vessel, and an import container must be 149 discharged from a barge or ocean-going vessel, at such facility. 150 (g) “Taxable year” has the same meaning as provided in s. 151 220.03(1)(y), Florida Statutes. 152 (2) ELIGIBLE CREDIT AMOUNTS.— 153 (a) For taxable years beginning on or after January 1, 154 2013, but before January 1, 2017, a taxpayer satisfying the 155 requirements of this section is allowed a credit against the 156 taxes imposed by chapters 199, 201, 212, and 220, Florida 157 Statutes, and s. 624.509, Florida Statutes. The amount of the 158 credit earned under this section equals: 159 1. Three thousand dollars per qualified full-time employee 160 hired as a result of increased qualified trade activities by the 161 taxpayer; or 162 2. Five percent of the capital investment made by the 163 taxpayer to facilitate the increased qualified trade activities. 164 165 The election of which tax credit amount to claim is the 166 responsibility of the taxpayer. Both tax credits may not be 167 claimed for the same activities occurring in a calendar year. 168 The portion of the $3,000 credit earned with respect to any 169 qualified full-time employee who works in this state for less 170 than 12 full months during the applicable taxable year is 171 determined by multiplying the credit amount by a fraction the 172 numerator of which is the number of full months the employee 173 worked for the freight and logistics facility in this state 174 during the applicable taxable year and the denominator of which 175 is 12. A taxpayer is not eligible for more than $500,000 in tax 176 credit for a taxable year. 177 (b) The Department of Economic Opportunity shall issue the 178 tax credits under this section and may not issue more than $10 179 million in tax credits under this section in any fiscal year. If 180 the amount of tax credits requested under this section for any 181 taxable year exceeds $10 million, the credits shall be allocated 182 proportionately among all qualified taxpayers who requested the 183 credit. The department may not issue tax credits under this 184 section after the fiscal year ending on June 30, 2017. A 185 taxpayer may not claim any tax credit under this section unless 186 the taxpayer has applied to the department for the tax credit 187 and the department has approved the credit. The department shall 188 determine the credit amount allowable for the taxable year and 189 provide a written certification to the taxpayer that specifies 190 the amount of the tax credit approved by the department. The 191 taxpayer must attach the certification to the applicable income 192 tax return. 193 (c) The taxpayer may carry forward any unused credit amount 194 for the next 10 taxable years. 195 (d) Credit may not be earned for any employee: 196 1. For whom a credit was previously earned under this 197 section or s. 288.106, Florida Statutes, by a related party as 198 defined in s. 267(b) of the Internal Revenue Code, as amended, 199 or a trade or business under common control as defined in s. 200 52(b) of the Internal Revenue Code, as amended; 201 2. Who was previously employed in the same job function in 202 this state by a related party as defined in s. 267(b) of the 203 Internal Revenue Code, as amended, or a trade or business under 204 common control as defined in s. 52(b) of the Internal Revenue 205 Code, as amended; 206 3. Whose job function was previously performed at a 207 different location in this state by an employee of the taxpayer, 208 by a related party as defined in s. 267(b) of the Internal 209 Revenue Code, as amended, or by a trade or business under common 210 control as defined in s. 52(b) of the Internal Revenue Code, as 211 amended; or 212 4. Whose job function previously qualified for a credit 213 under this section at a different major business facility that 214 constitutes an employing unit, as defined in s. 443.036, Florida 215 Statutes, on behalf of the taxpayer, by a related party as 216 defined in s. 267(b) of the Internal Revenue Code, as amended, 217 or by a trade or business under common control as defined in s. 218 52(b) of the Internal Revenue Code, as amended. 219 (e) For purposes of this section, the amount of any credit 220 attributable to a partnership, an electing small business 221 corporation (S corporation), or a limited liability company 222 shall be allocated to the individual partners, shareholders, or 223 members, respectively, in proportion to their ownership or 224 interest in such business entities. 225 (f) For purposes of this section, two or more affiliated 226 companies may elect to aggregate the number of jobs created for 227 qualified full-time employees or the amounts of capital 228 investments as the result of the establishment or expansion by 229 the individual companies in order to qualify for the credit 230 allowed. 231 (g) Recapture of the credit amount is required, and shall 232 be accomplished by increasing the tax in any of the 5 taxable 233 years after the year in which a credit has been earned under 234 this section, if the number of qualified full-time employees 235 falls below the average number of qualified full-time employees 236 during the taxable year. The tax increase amount shall be 237 determined by: 238 1. Recalculating the credit that would have been earned for 239 the original taxable year using the decreased number of 240 qualified full-time employees; and 241 2. Subtracting the recalculated credit amount from the 242 amount previously earned. 243 244 If the average number of qualified full-time employees employed 245 at a freight and logistics facility falls below the number 246 employed by the taxpayer before claiming any credits under this 247 section in any of the 5 taxable years after the year in which 248 the credits were earned, all credits earned with respect to the 249 freight and logistics facility must be recaptured. A credit 250 amount may not be recaptured more than once under this 251 subsection. Any recapture under this subsection reduces the 252 credits earned but not yet allowed, and the credits allowed but 253 carried forward before the taxpayer’s tax liability is 254 increased. 255 (3) ADMINISTRATION.—The Department of Economic Opportunity 256 shall adopt rules to administer this section, including, but not 257 limited to: 258 (a) The computation, carryover, and recapture of credits 259 under this section. 260 (b) The establishment of criteria to determine eligibility 261 for credits under this section, including, but not limited to, 262 the identification of freight and logistics facilities, 263 qualified full-time employees at such facilities, and capital 264 investments. 265 (c) The computation, carryover, recapture, and redemption 266 of credits under this section by affiliated companies. 267 Section 2. The Division of Statutory Revision is requested 268 to redesignate the title of chapter 311, Florida Statutes, as 269 “Seaport Programs and Facilities.” 270 Section 3. Section 311.07, Florida Statutes, is amended to 271 read: 272 311.07 Florida seaport transportation and economic 273 development funding.— 274 (1) There is created the Florida Seaport Transportation and 275 Economic Development Program within the Department of 276 Transportation to finance port transportation or port facilities 277 projects that will improve the movement and intermodal 278 transportation of cargo or passengers in commerce and trade and 279that willsupport the interests, purposes, and requirements of 280 ports that have a representative on the Florida Seaport 281 Transportation and Economic Development Councillocated in this282state. 283 (2) A minimum of $15$8million per year shall be made 284 available from the State Transportation Trust Fund to fund the 285 Florida Seaport Transportation and Economic Development Program. 286 The Florida Seaport Transportation and Economic Development 287 Council shall develop guidelines for project funding. Council 288 staff, the Department of Transportation, and the Department of 289 Economic Opportunity shall work in cooperation to review 290 projects and allocate funds in accordance with the schedule 291 required for the Department of Transportation to include these 292 projects in the tentative work program developed pursuant to s. 293 339.135(4). 294 (3)(a)ProgramFunds of the Florida Seaport Transportation 295 and Economic Development Program shall be used to fund approved 296 projects on a 50-50 matching basis with any of the deepwater 297 ports that have a representative on the Florida Seaport 298 Transportation and Economic Development Council,as listed in s.299403.021(9)(b),which is governed by a public body or any other 300 deepwater port thatwhichis governed by a public body and that 301whichcomplies with the water quality provisions of s. 403.061, 302 the comprehensive master plan requirements of s. 163.3178(2)(k), 303 and the local financial management and reporting provisions of 304 part III of chapter 218. However, program funds used to fund 305 projects that involve the rehabilitation of wharves, docks, 306 berths, bulkheads, or similar structures shall require a 25 307 percent match of funds. Program funds also may be used by the 308 Seaport Transportation and Economic Development Council for data 309 collection and analysis thatto develop trade data information310productswhichwill assist Florida’s seaports and international 311 trade. 312 (b) Projects eligible for funding by grants under the 313 program are limited to the following port facilities or port 314 transportation projects: 315 1. Transportation facilities within the jurisdiction of the 316 port. 317 2. The dredging or deepening of channels, turning basins, 318 or harbors. 319 3. The construction or rehabilitation of wharves, docks, 320 structures, jetties, piers, storage facilities, cruise 321 terminals, automated people mover systems, or any facilities 322 necessary or useful in connection with any of the foregoing. 323 4. The acquisition of vessel tracking systems, container 324 cranes, or other mechanized equipment used in the movement of 325 cargo or passengers in international commerce. 326 5. The acquisition of land to be used for port purposes. 327 6. The acquisition, improvement, enlargement, or extension 328 of existing port facilities. 329 7. Environmental protection projects thatwhichare 330 necessary because of requirements imposed by a state agency as a 331 condition of a permit or other form of state approval; that 332whichare necessary for environmental mitigation required as a 333 condition of a state, federal, or local environmental permit; 334 thatwhichare necessary for the acquisition of spoil disposal 335 sites and improvements to existing and future spoil sites; or 336 thatwhichresult from the funding of eligible projects listed 337 in this paragraph. 338 8. A transportation facilityfacilitiesas defined in s. 339 334.03(31)which isarenot otherwise part of the Department of 340 Transportation’s adopted work program. 341 9.SeaportIntermodal access projectsidentified in the 5342year Florida Seaport Mission Plan as provided in s.311.09(3). 343 10. Construction or rehabilitation of port facilities as 344 defined in s. 315.02, excluding any park or recreational 345 facilities, in ports listed in s. 311.09(1) with operating 346 revenues of $5 million or less, ifprovided thatsuch projects 347 create economic development opportunities, capital improvements, 348 and positive financial returns to such ports. 349 11. Updates to a seaport master plan or strategic plan 350 development, including the purchase of data to support such plan 351 updates. 352 (c) To be eligible for consideration by the council 353 pursuant to this section, a project must be consistent with the 354 port comprehensive master plan thatwhichis incorporated as 355 part of the approved local government comprehensive plan as 356 required by s. 163.3178(2)(k) or other provisions of the 357 Community Planning Act, part II of chapter 163. 358(4) A port eligible for matching funds under the program359may receive a distribution of not more than $7 million during360any 1 calendar year and a distribution of not more than $30361million during any 5-calendar-year period.362 (4)(5)Any port thatwhichreceives funding under the 363 program shall institute procedures to ensure that jobs created 364 as a result of the state funding areshall besubject to equal 365 opportunity hiring practices in the manner provided in s. 366 110.112. 367 (5)(6)The Department of Transportation may conduct a final 368 audit of ashallsubjectanyproject that receives funds 369 pursuant to this section and s. 320.20to a final audit. The 370 department may adopt rules and perform such other acts as are 371 necessary or convenient to ensure that the final audits are 372 conducted and that any deficiency or questioned costs noted by 373 the audit are resolved. 374 Section 4. Section 311.09, Florida Statutes, is amended to 375 read: 376 311.09 Florida Seaport Transportation and Economic 377 Development Council.— 378 (1) The Florida Seaport Transportation and Economic 379 Development Council is created within the Department of 380 Transportation. The council consists of the following 18 381 members: the port director, or the port director’s designee, of 382 each of the ports of Jacksonville, Port Canaveral, Port Citrus, 383 Fort Pierce, Palm Beach, Port Everglades, Miami, Port Manatee, 384 St. Petersburg, Tampa, Port St. Joe, Panama City, Pensacola, Key 385 West, and Fernandina; the secretary of the Department of 386 Transportation or his or her designee; and the director of the 387 Department of Economic Opportunity or his or her designee. 388 (2) The council shall adopt bylaws governing the manner in 389 which the business of the council will be conducted. The bylaws 390 shall specify the procedure by which the chairperson of the 391 council is elected. 392 (3) The council shall prepare a 5-year Florida Seaport 393 Mission Plan defining the goals and objectives of the council 394 concerning the development of port facilities and an intermodal 395 transportation system consistent with the goals of the Florida 396 Transportation Plan developed pursuant to s. 339.155. The 397 Florida Seaport Mission Plan shall include specific 398 recommendations for the construction of transportation 399 facilities connecting any port to another transportation mode 400 and for the efficient, cost-effective development of 401 transportation facilities or port facilities for the purpose of 402 enhancing trade, promoting cargo flow, increasing cruise 403 passenger movements, increasing port revenues, and providing 404 economic benefits to the state. The council shall develop a 405 priority list of projects based on these recommendations 406 annually and submit the list to the Department of 407 Transportation. The council shall update the 5-year Florida 408 Seaport Mission Plan annually and shall submit the plan no later 409 than February 1 of each year to the President of the Senate, the 410 Speaker of the House of Representatives, the Department of 411 Economic Opportunity, and the Department of Transportation. The 412 council shall develop programs, based on an examination of 413 existing programs in Florida and other states, for the training 414 of minorities and secondary school students in job skills 415 associated with employment opportunities in the maritime 416 industry, and report on progress and recommendations for further 417 action to the President of the Senate and the Speaker of the 418 House of Representatives annually. 419 (4) The council shall adopt rules for evaluating projects 420 thatwhichmay be funded under ss. 311.07 and 320.20. The rules 421 shall provide criteria for evaluating proposed projects, which 422 include, but are not limited to, the following factors: 423 (a) The consistency of the project with relevant plans; 424 (b) The potential economic benefits of the project; 425 (c) Whether the project will create a competitive advantage 426 for a port over other ports in this state; 427 (d) The amount of time between the approval of funding and 428 the commencement of construction of the project; and 429 (e) Whether the project will increase the capacity of the 430 seaport system.the economic benefit of the project, measured by431the potential for the proposed project to maintain or increase432cargo flow, cruise passenger movement, international commerce,433port revenues, and the number of jobs for the port’s local434community.435 (5) The council shall review and approve or disapprove each 436 project eligible to be funded pursuant to the Florida Seaport 437 Transportation and Economic Development Program. The council 438 shall annually submit to the Secretary of Transportation and the 439 executive director of the Department of Economic Opportunity, or 440 his or her designee, a list of projects thatwhichhave been 441 approved by the council. The list shall specify the recommended 442 funding level for each project; and, if staged implementation of 443 the project is appropriate, the funding requirements for each 444 stage shall be specified. 445(6) The Department of Community Affairs shall review the446list of projects approved by the council to determine447consistency with approved local government comprehensive plans448of the units of local government in which the port is located449and consistency with the port master plan. The Department of450Community Affairs shall identify and notify the council of those451projects which are not consistent, to the maximum extent452feasible, with such comprehensive plans and port master plans.453 (6)(7)The Department of Transportation shall review the 454 applications forlist ofprojects approved by the council for 455 consistency with the Florida Transportation Plan, the Statewide 456 Seaport and Waterways System Plan, and the department’s adopted 457 work program. In evaluating the consistency of a project, the 458 department shall assess the transportation impacts and economic 459 benefits for each project.determine whether the transportation460impact of the proposed project is adequately handled by existing461state-owned transportation facilities or by the construction of462additional state-owned transportation facilities as identified463in the Florida Transportation Plan and the department’s adopted464work program. In reviewing for consistency a transportation465facility project as defined in s.334.03(31) which is not466otherwise part of the department’s work program, the department467shall evaluate whether the project is needed to provide for468projected movement of cargo or passengers from the port to a469state transportation facility or local road. If the project is470needed to provide for projected movement of cargo or passengers,471the project shall be approved for consistency as a consideration472to facilitate the economic development and growth of the state473in a timely manner.The Department of Transportation shall 474 identify those projects thatwhichare inconsistent with the 475 Florida Transportation Plan, the Statewide Seaport and Waterways 476 System Plan, orandthe adopted work program and shall notify 477 the council of projects found to be inconsistent. 478 (7)(8)The Department of Economic Opportunity shall review 479 the applications forlist ofprojects approved by the council to 480 evaluate the economic benefit of the project and to determine 481 whether the project is consistent with the Florida Seaport 482 Mission Plan and with state economic development goals and 483 policies. The Department of Economic Opportunity shall review 484 the consistency of the proposed project with state, regional, 485 and local plans, as appropriate, and the economic benefits of 486 each project based upon the rules adopted pursuant to subsection 487 (4). The Department of Economic Opportunity shall identify those 488 projects thatwhichit has determined do not offer an economic 489 benefit to the state, are not consistent with an appropriate 490 plan, or are not consistent with the Florida Seaport Mission 491 Plan or state economic development goals and policies, and shall 492 notify the council of its findings. 493 (8)(9)The council shall review the findings of the 494 Department of Economic Opportunity and the Department of 495 Transportation. Projects found to be inconsistent pursuant to 496 subsections (6) and (7)(6) , (7), and (8)and projects that 497whichhave been determined not to offer an economic benefit to 498 the state pursuant to subsection (7) may(8)shallnot be 499 included in the list of projects to be funded. 500 (9)(10)The Department of Transportation shall request at 501 least $15 millionincludein its annual legislative budget 502 request for theaFlorida Seaport Transportation and Economic 503 Developmentgrantprogram under s. 311.07for expenditure of504funds of not less than $8 million per year. Such budget shall 505 include funding for projects approved by the council which have 506 been determined by each agency to be consistent with the 507 appropriate plans and state economic goals and policiesand508which have been determined by the Department of Economic509Opportunity to be economically beneficial. The department shall 510 include the specificapprovedseaportprojects approved under 511 the Florida Seaport Transportation and Economic Development 512 Program to be funded under s. 311.07this sectionduring the 513 ensuing fiscal year in the tentative work program developed 514 pursuant to s. 339.135(4). The total amount of funding allocated 515 tobe allocated to seaportprojects approved under the Florida 516 Seaport Transportation and Economic Development Program under s. 517 311.07 during the successive 4 fiscal years shall also be 518 included in the tentative work program developed pursuant to s. 519 339.135(4). The council may submit to the department a list of 520 approved projects that could be made production-ready within the 521 next 2 years. The list shall be submitted by the department as 522 part of the needs and project list prepared pursuant to s. 523 339.135(2)(b). However, the department shall, upon written 524 request of the Florida Seaport Transportation and Economic 525 Development Council, submit work program amendments pursuant to 526 s. 339.135(7) to the Governor within 10 days after the later of 527 the date the request is received by the department or the 528 effective date of the amendment, termination, or closure of the 529 applicable funding agreement between the department and the 530 affected seaport, as required to release the funds from the 531 existing commitment. Notwithstanding s. 339.135(7)(c), any work 532 program amendment to transfer prior year funds from one approved 533 seaport project to another seaport project is subject to the 534 procedures in s. 339.135(7)(d). Notwithstanding any provision of 535 law to the contrary, the department may transfer unexpended 536 budget between the seaport projects as identified in the 537 approved work program amendments. 538 (10)(11)The council shall meet at the call of its 539 chairperson, at the request of a majority of its membership, or 540 at such times as may be prescribed in its bylaws. However, the 541 council must meet at least semiannually. A majority of voting 542 members of the council constitutes a quorum for the purpose of 543 transacting the business of the council. All members of the 544 council are voting members. A vote of the majority of the voting 545 members present is sufficient for any action of the council, 546 except that a member representing the Department of 547 Transportation or the Department of Economic Opportunity may 548 vote to overrule any action of the council approving a project 549 pursuant to subsection (5). The bylaws of the council may 550 require a greater vote for a particular action. 551 (11)(12)Members of the council shall serve without 552 compensation but are entitled to receive reimbursement for per 553 diem and travel expenses as provided in s. 112.061. The council 554 may elect to provide an administrative staff to provide services 555 to the council on matters relating to the Florida Seaport 556 Transportation and Economic Development Program and the council. 557 The cost for such administrative services shall be paid by all 558 ports that receive funding from the Florida Seaport 559 Transportation and Economic Development Program, based upon a 560 pro rata formula measured by each recipient’s share of the funds 561 as compared to the total funds disbursed to all recipients 562 during the year. The share of costs for administrative services 563 shall be paid in its total amount by the recipient port upon 564 execution by the port and the Department of Transportation of a 565 joint participation agreement for each council-approved project, 566 and such payment is in addition to the matching funds required 567 to be paid by the recipient port. Except as otherwise exempted 568 by law, all moneys derived from the Florida Seaport 569 Transportation and Economic Development Program shall be 570 expended in accordance with the provisions of s. 287.057. 571 Seaports subject to competitive negotiation requirements of a 572 local governing body shall abide by the provisions of s. 573 287.055. 574 (12)(13)Until July 1, 2014, Citrus County may apply for a 575 grant through the Florida Seaport Transportation and Economic 576 Development Council to perform a feasibility study regarding the 577 establishment of a port in Citrus County. The council shall 578 evaluate such application pursuant to subsections (5)-(8)(5)579(9)and, if approved, the Department of Transportation shall 580 include the feasibility study in its budget request pursuant to 581 subsection (9)(10). If the study determines that a port in 582 Citrus County is not feasible, the membership of Port Citrus on 583 the council shall terminate. 584 Section 5. Section 311.10, Florida Statutes, is created to 585 read: 586 311.10 Strategic Port Investment Initiative.—There is 587 created the Strategic Port Investment Initiative within the 588 Department of Transportation. Beginning in the 2012-2013 fiscal 589 year, a minimum of $35 million annually shall be made available 590 from the State Transportation Trust Fund to fund the initiative. 591 The Department of Transportation shall work with the deepwater 592 ports represented on the Florida Seaport Transportation and 593 Economic Development Council to annually develop, update, and 594 maintain a prioritized list of strategic investment projects. A 595 proposed project may be placed on the list only if the project 596 will meet the state’s economic development goal of becoming a 597 hub for trade, logistics, and export-oriented activities by: 598 (a) Providing important access and major on-port capacity 599 improvements; 600 (b) Providing capital improvements that will strategically 601 position the state to maximize opportunities in international 602 trade and logistics and in the cruise industry; 603 (c) Achieving the state’s goals for an integrated 604 intermodal transportation system; and 605 (d) Demonstrating the feasibility of receiving matching 606 funds through local or private partners. 607 (2) Before finalizing the list of strategic investment 608 projects, the Department of Transportation must hold a public 609 workshop with the Department of Economic Opportunity and the 610 deepwater ports represented on the Florida Seaport 611 Transportation and Economic Development Council to review the 612 proposed projects. The Department of Transportation shall 613 finalize the list of projects after considering the comments 614 received during the workshop. 615 (3) The Department of Transportation, to the extent 616 feasible, shall include the projects on the list of strategic 617 investment projects, in the tentative work program developed 618 pursuant to s. 339.135(4). 619 Section 6. Section 311.14, Florida Statutes, is amended to 620 read: 621 311.14 Seaport planning.— 622 (1) The Department of Transportation shall develop, in 623 coordination with the ports represented on the Florida Seaport 624 Transportation and Economic Development Council and other 625 partners, a Statewide Seaport and Waterways System Plan. The 626 plan must be consistent with the principles of the Florida 627 Transportation Plan under s. 339.155 and must consider the needs 628 identified in individual port master plans and those needs from 629 the seaport strategic plans required under this section. The 630 plan must identify 5-year, 10-year, and 20-year needs for the 631 seaport system and include seaport, waterway, road, and rail 632 projects that are needed to support the success of the 633 transportation system as a whole in supporting state economic 634 development goals.The Florida Seaport Transportation and635Economic Development Council, in cooperation with the Office of636the State Public Transportation Administrator within the637Department of Transportation, shall develop freight-mobility and638trade-corridor plans to assist in making freight-mobility639investments that contribute to the economic growth of the state.640Such plans should enhance the integration and connectivity of641the transportation system across and between transportation642modes throughout Florida for people and freight.643(2) The Office of the State Public Transportation644Administrator shall act to integrate freight-mobility and trade645corridor plans into the Florida Transportation Plan developed646pursuant to s.339.155and into the plans and programs of647metropolitan planning organizations as provided in s.339.175.648The office may also provide assistance in expediting the649transportation permitting process relating to the construction650of seaport freight-mobility projects located outside the651physical borders of seaports. The Department of Transportation652may contract, as provided in s.334.044, with any port listed in653s.311.09(1) or any such other statutorily authorized seaport654entity to act as an agent in the construction of seaport655freight-mobility projects.656 (2)(3)Each port shall develop a strategic plan with a 10 657 year horizon. Each plan must include the following: 658 (a) An economic development component that identifies 659 targeted business opportunities for increasing business and 660 attracting new business for which a particular facility has a 661 strategic advantage over its competitors, identifies financial 662 resources and other inducements to encourage growth of existing 663 business and acquisition of new business, and provides a 664 projected schedule for attainment of the plan’s goals. 665 (b) An infrastructure development and improvement component 666 that identifies all projected infrastructure improvements within 667 the plan area which require improvement, expansion, or 668 development in order for a port to attain a strategic advantage 669 for competition with national and international competitors. 670 (c) A component that identifies all intermodal 671 transportation facilities, including sea, air, rail, or road 672 facilities, which are available or have potential, with 673 improvements, to be available for necessary national and 674 international commercial linkages and provides a plan for the 675 integration of port, airport, and railroad activities with 676 existing and planned transportation infrastructure. 677 (d) A component that identifies physical, environmental, 678 and regulatory barriers to achievement of the plan’s goals and 679 provides recommendations for overcoming those barriers. 680 (e) An intergovernmental coordination component that 681 specifies modes and methods to coordinate plan goals and 682 missions with the missions of the Department of Transportation, 683 other state agencies, and affected local, general-purpose 684 governments. 685 686 To the extent feasible, the port strategic plan must be 687 consistent with the local government comprehensive plans of the 688 units of local government in which the port is located. Upon 689 approval of a plan by the port’s board, the plan shall be 690 submitted to the Florida Seaport Transportation and Economic 691 Development Council. 692 (3)(4)The Florida Seaport Transportation and Economic 693 Development Council shall review the strategic plans submitted 694 by each port and prioritize strategic needs for inclusion in the 695 Florida Seaport Mission Plan prepared pursuant to s. 311.09(3). 696 Section 7. Subsection (2) of section 311.22, Florida 697 Statutes, is amended to read: 698 311.22 Additional authorization for funding certain 699 dredging projects.— 700 (2) The council shall adopt rules for evaluating the 701 projects that may be funded pursuant to this section. The rules 702 must provide criteria for evaluating the economic benefit of the 703 project. The rules must include the creation of an 704 administrative review process by the council which is similar to 705 the process described in s. 311.09(5)-(11)s.311.09(5)-(12), 706 and provide for a review by the Department of Transportation and 707 the Department of Economic Opportunity of all projects submitted 708 for funding under this section. 709 Section 8. Subsections (3) and (4) of section 320.20, 710 Florida Statutes, are amended to read: 711 320.20 Disposition of license tax moneys.—The revenue 712 derived from the registration of motor vehicles, including any 713 delinquent fees and excluding those revenues collected and 714 distributed under the provisions of s. 320.081, must be 715 distributed monthly, as collected, as follows: 716 (3) Notwithstanding any other provision of law except 717 subsections (1) and (2), on July 1, 1996, and annually 718 thereafter, $15 million shall be deposited in the State 719 Transportation Trust Fund solely for the purposes of funding the 720 Florida Seaport Transportation and Economic Development Program 721 as provided for in chapter 311. Such revenues shall be 722 distributed on a 50-50 matching basis to any port listed in s. 723 311.09(1) to be used for funding projects as described in s. 724 311.07(3)(b). Such revenues may be assigned, pledged, or set 725 aside as a trust for the payment of principal or interest on 726 bonds, tax anticipation certificates, or any other form of 727 indebtedness issued by an individual port or appropriate local 728 government having jurisdiction thereof, or collectively by 729 interlocal agreement among any of the ports, or used to purchase 730 credit support to permit such borrowings. However, such debt 731 doesshallnot constitute a general obligation of the State of 732 Florida. The state does hereby covenant with holders of such 733 revenue bonds or other instruments of indebtedness issued 734 hereunder that it will not repeal,orimpair, or amend in any 735 manner thatwhichwill materially and adversely affect the 736 rights of such holders so long as bonds authorized by this 737 section are outstanding. Any revenues thatwhichare not pledged 738 to the repayment of bonds as authorized by this section may be 739 utilized for purposes authorized under the Florida Seaport 740 Transportation and Economic Development Program. This revenue 741 source is in addition to any amounts provided for and 742 appropriated in accordance with s. 311.07. The Florida Seaport 743 Transportation and Economic Development Council shall approve 744 distribution of funds to ports for projects thatwhichhave been 745 approved pursuant to s. 311.09(5)-(8)s.311.09(5)-(9). The 746 council and the Department of Transportation are authorized to 747 perform such acts as are required to facilitate and implement 748 the provisions of this subsection. To better enable the ports to 749 cooperate to their mutual advantage, the governing body of each 750 port may exercise powers provided to municipalities or counties 751 in s. 163.01(7)(d) subject to the provisions of chapter 311 and 752 special acts, if any, pertaining to a port. The use of funds 753 provided pursuant to this subsection are limited to eligible 754 projects listed in this subsection. Income derived from a 755 project completed with the use of program funds, beyond 756 operating costs and debt service, shall be restricted to further 757 port capital improvements consistent with maritime purposes and 758 for no other purpose. Use of such income for nonmaritime 759 purposes is prohibited.The provisions of s.311.07(4) do not760apply to any funds received pursuant to this subsection.The 761 revenues available under this subsection mayshallnot be 762 pledged to the payment of any bonds other than the Florida Ports 763 Financing Commission Series 1996 and Series 1999 Bonds currently 764 outstanding; provided, however, such revenues may be pledged to 765 secure payment of refunding bonds to refinance the Florida Ports 766 Financing Commission Series 1996 and Series 1999 Bonds. No 767 refunding bonds secured by revenues available under this 768 subsection may be issued with a final maturity later than the 769 final maturity of the Florida Ports Financing Commission Series 770 1996 and Series 1999 Bonds or which provide for higher debt 771 service in any year than is currently payable on such bonds. Any 772 revenue bonds or other indebtedness issued after July 1, 2000, 773 other than refunding bonds shall be issued by the Division of 774 Bond Finance at the request of the Department of Transportation 775 pursuant to the State Bond Act. 776 (4) Notwithstanding any other provision of law except 777 subsections (1), (2), and (3), on July 1, 1999, and annually 778 thereafter, $10 million shall be deposited in the State 779 Transportation Trust Fund solely for the purposes of funding the 780 Florida Seaport Transportation and Economic Development Program 781 as provided in chapter 311 and for funding seaport intermodal 782 access projects of statewide significance as provided in s. 783 341.053. Such revenues shall be distributed to any port listed 784 in s. 311.09(1), to be used for funding projects as follows: 785 (a) For any seaport intermodal access projects that are 786 identified in the 1997-1998 Tentative Work Program of the 787 Department of Transportation, up to the amounts needed to offset 788 the funding requirements of this section. 789 (b) For seaport intermodal access projects as described in 790 s. 341.053(5) that are identified in the 5-year Florida Seaport 791 Mission Plan as provided in s. 311.09(3). Funding for such 792 projects shall be on a matching basis as mutually determined by 793 the Florida Seaport Transportation and Economic Development 794 Council and the Department of Transportation, provided a minimum 795 of 25 percent of total project funds shall come from any port 796 funds, local funds, private funds, or specifically earmarked 797 federal funds. 798 (c) On a 50-50 matching basis for projects as described in 799 s. 311.07(3)(b). 800 (d) For seaport intermodal access projects that involve the 801 dredging or deepening of channels, turning basins, or harbors; 802 or the rehabilitation of wharves, docks, or similar structures. 803 Funding for such projects shall require a 25 percent match of 804 the funds received pursuant to this subsection. Matching funds 805 shall come from any port funds, federal funds, local funds, or 806 private funds. 807 808 Such revenues may be assigned, pledged, or set aside as a trust 809 for the payment of principal or interest on bonds, tax 810 anticipation certificates, or any other form of indebtedness 811 issued by an individual port or appropriate local government 812 having jurisdiction thereof, or collectively by interlocal 813 agreement among any of the ports, or used to purchase credit 814 support to permit such borrowings. However, such debt doesshall815 not constitute a general obligation of the state. This state 816 does hereby covenant with holders of such revenue bonds or other 817 instruments of indebtedness issued hereunder that it will not 818 repeal,orimpair, or amend this subsection in any manner that 819whichwill materially and adversely affect the rights of holders 820 so long as bonds authorized by this subsection are outstanding. 821 Any revenues that are not pledged to the repayment of bonds as 822 authorized by this section may be utilized for purposes 823 authorized under the Florida Seaport Transportation and Economic 824 Development Program. This revenue source is in addition to any 825 amounts provided for and appropriated in accordance with s. 826 311.07 and subsection (3). The Florida Seaport Transportation 827 and Economic Development Council shall approve distribution of 828 funds to ports for projects that have been approved pursuant to 829 s. 311.09(5)-(8)s.311.09(5)-(9), or for seaport intermodal 830 access projects identified in the 5-year Florida Seaport Mission 831 Plan as provided in s. 311.09(3) and mutually agreed upon by the 832 FSTED Council and the Department of Transportation. All 833 contracts for actual construction of projects authorized by this 834 subsection must include a provision encouraging employment of 835 participants in the welfare transition program. The goal for 836 employment of participants in the welfare transition program is 837 25 percent of all new employees employed specifically for the 838 project, unless the Department of Transportation and the Florida 839 Seaport Transportation and Economic Development Council 840 demonstrate that such a requirement would severely hamper the 841 successful completion of the project. In such an instance, 842 Workforce Florida, Inc., shall establish an appropriate 843 percentage of employees that must be participants in the welfare 844 transition program. The council and the Department of 845 Transportation are authorized to perform such acts as are 846 required to facilitate and implement the provisions of this 847 subsection. To better enable the ports to cooperate to their 848 mutual advantage, the governing body of each port may exercise 849 powers provided to municipalities or counties in s. 163.01(7)(d) 850 subject to the provisions of chapter 311 and special acts, if 851 any, pertaining to a port. The use of funds provided pursuant to 852 this subsection is limited to eligible projects listed in this 853 subsection.The provisions of s.311.07(4) do not apply to any854funds received pursuant to this subsection.The revenues 855 available under this subsection mayshallnot be pledged to the 856 payment of any bonds other than the Florida Ports Financing 857 Commission Series 1996 and Series 1999 Bonds currently 858 outstanding; provided, however, such revenues may be pledged to 859 secure payment of refunding bonds to refinance the Florida Ports 860 Financing Commission Series 1996 and Series 1999 Bonds. No 861 refunding bonds secured by revenues available under this 862 subsection may be issued with a final maturity later than the 863 final maturity of the Florida Ports Financing Commission Series 864 1996 and Series 1999 Bonds or which provide for higher debt 865 service in any year than is currently payable on such bonds. Any 866 revenue bonds or other indebtedness issued after July 1, 2000, 867 other than refunding bonds shall be issued by the Division of 868 Bond Finance at the request of the Department of Transportation 869 pursuant to the State Bond Act. 870 Section 9. This act shall take effect July 1, 2012.