FL S0332

Creates new section 253.0347 establishing a lease program for private residential docks, piers, and multislip docks on sovereignty submerged lands with a maximum initial term of 10 years and renewable for successive 10-year terms.

Lease fees are set by the Board of Trustees of the Internal Improvement Trust Fund; exempts lessees from fees on up to 10 square feet per linear foot of shoreline for multifamily or multislip structures with no more than one wet slip per residential unit.

Exempts lessees from lease fees on revenue from homestead-exempt property transfers but requires lease fees on any income derived from wet slips, docks, or piers in the leased area.

Requires the Department of Environmental Protection to inspect each leased structure at least once every 10 years for lease compliance.

Appropriates $1 million in recurring General Revenue Fund dollars to the Internal Improvement Trust Fund for administration and management of sovereignty submerged lands, effective July 1, 2011.