FL S0698

Amends Florida law to allow consolidated governments (formed from a county and one or more municipalities under the State Constitution) to participate in municipal police officers' retirement trust fund programs.

Permits a consolidated government that has entered an interlocal agreement to provide police services to a municipality within its boundaries to receive premium tax distributions reported for that municipality.

Allows the municipality receiving police protection services to enact an ordinance levying the 0.85 percent excise tax on casualty insurance premiums, with the division distributing collected taxes to the consolidated government.

Requires the consolidated government to notify the division of the interlocal agreement and provide copies of both the agreement and municipal ordinance before the division may distribute premium taxes.

Takes effect July 1, 2012.