FL S1052

Authorizes county school boards to levy a discretionary sales surtax up to 0.5 percent upon voter approval for school capital outlay projects.

Expands permitted uses of surtax revenues to include purchase of school buses, in addition to existing construction and facility improvements with a useful life of 5 or more years.

Allows surtax proceeds to fund maintenance, renovation, repair of existing school facilities, and technology equipment upgrades under conditions specified in statute section 1011.71.

Prohibits use of surtax revenues and accrued interest for operational expenses; permits use for servicing bond indebtedness to finance authorized projects.

Takes effect July 1, 2013.