Loading chat...
FL S1108
Bill
Status
2/15/2011
Primary Sponsor
Michael Bennett
Click for details
AI Summary
-
Extends cigarette tax distributions to H. Lee Moffitt Cancer Center and Research Institute from 2020 to 2045, with an increased allocation of 5% of net collections beginning July 1, 2013
-
Expands authorized uses of cigarette tax funds beyond just constructing and equipping cancer research facilities to include operating, maintaining, and equipping clinical facilities and other properties owned or leased by Moffitt Cancer Center
-
Changes the original 1.47% allocation (July 2004-June 2013) to a 5% allocation for the extended period through June 2045
-
Authorizes Moffitt Cancer Center to use transferred cigarette tax funds to secure financing for construction, furnishing, equipping, operating, and maintaining cancer research and clinical facilities, as well as purchasing and maintaining equipment
-
Maintains existing provisions allowing tax-exempt bond financing through local authorities while clarifying these bonds do not constitute state bonds under the Florida Constitution
Legislative Description
Use of Cigarette Tax Proceeds
Last Action
Indefinitely postponed and withdrawn from consideration
5/7/2011