FL H0123

Changes the end date of the 1.47 percent cigarette tax distribution to the H. Lee Moffitt Cancer Center from June 30, 2020 to June 30, 2013

Adds a new distribution period from July 1, 2013 through June 30, 2045 providing 4.88 percent of net cigarette tax collections to the H. Lee Moffitt Cancer Center and Research Institute

Expands the permissible uses of cigarette tax funds from only constructing and equipping a cancer research facility to include financing, operating, and maintaining cancer research and clinical facilities, as well as other owned or leased properties

Authorizes the H. Lee Moffitt Cancer Center to use transferred funds to secure financing through tax-exempt bonds or other forms of indebtedness for the expanded purposes

Provides legislative intent that if the cigarette tax is amended, repealed, or this provision is modified in a way that adversely affects bonds issued for these purposes, the Legislature intends to provide alternative funding sources to cover any debt service deficit