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FL H5503
Bill
Status
4/30/2010
Primary Sponsor
Richard Glorioso
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AI Summary
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Removes provisions that eliminated an 8 percent service charge on revenue-nature income deposited in trust funds, reinstating the service charge on taxes distributed under specified statutes effective July 1, 2010.
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Amends motor vehicle registration fee distribution to deposit 34.5 percent of collected fees into the State Transportation Trust Fund and 10 percent into the Highway Safety Operating Trust Fund, with the remaining 55.5 percent going to the General Revenue Fund.
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Allocates 7 percent of local option fuel tax revenues (s. 336.025) to the State Transportation Trust Fund for the County Incentive Grant Program and Small County Outreach Program, with up to 20 percent used for the Small County Outreach Program.
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Extends the Department of Transportation's authority to reduce work program levels to balance funding through fiscal years 2010-2011 through 2014-2015 due to service charge reinstatement and General Appropriations Act reductions, with restrictions protecting safety, maintenance, and certain financial projects.
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Takes effect July 1, 2010.
Legislative Description
Transportation Revenue [WPSC]
Last Action
Died in Conference Committee, companion bill(s) passed, see HB 5001 (Ch. 2010-152), HB 5003 (Ch. 2010-153)
4/30/2010