FL H1081

County school boards may levy a discretionary sales surtax at a rate not exceeding 0.5 percent upon voter approval by majority referendum.

School surtax proceeds must be used for fixed capital expenditures including construction, reconstruction, or improvement of school facilities with a useful life of 5 or more years, land acquisition, design, and engineering costs.

School surtax revenues may be used to purchase school buses and for retrofitting and technology implementation including hardware and software.

Surtax revenues may finance bond indebtedness for authorized projects, but neither proceeds nor accrued interest may be used for operational expenses.

The act takes effect July 1, 2013.