CS for CS for SB 1866 Summary

• Increases minimum annual funding for the Florida Seaport Transportation and Economic Development Program from $8 million to $15 million, and creates two new seaport funding initiatives: the Strategic Port Investment Initiative ($35 million annually) and the Intermodal Logistics Center Infrastructure Support Program ($5 million annually).

• Establishes the Seminole County Expressway Authority as a new statutory body with authority over expressway systems in Seminole County, with the Department of Transportation serving as the construction and operations agent for the authority's facilities.

• Transfers control and assets of the Mid-Bay Bridge Authority system to the Florida Turnpike Enterprise, with the turnpike enterprise assuming bondholder obligations and dedicating annual revenues to repay the authority's long-term debt to the state.

• Authorizes the Department of Transportation to establish tolls on new limited access facilities, new lanes on existing facilities, and new major bridges on the State Highway System; allows designation of highway shoulders for vehicular traffic under specified conditions; and establishes a two-year pilot program for bicycles and human-powered vehicles on certain limited access highway approaches and bridges.

• Makes numerous technical amendments to transportation statutes, including redefining the "State Highway System," replacing references to the "Florida Intrastate Highway System" with the "Strategic Intermodal System," and updating definitions for motor vehicles, low-speed vehicles, and agricultural equipment fuel tax refunds.