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FL S0230
Bill
AI Summary
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Renames the Orlando-Orange County Expressway Authority and system to the Central Florida Expressway Authority and Central Florida Expressway System, expanding its geographic service area to include Orange, Seminole, Lake, and Osceola Counties.
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Restructures the governing board from 5 to 9 members, including representatives appointed by county chairs and the Governor, plus the mayors of Orange County and City of Orlando, with the Florida Turnpike Enterprise executive director serving as nonvoting advisor.
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Establishes comprehensive ethics requirements including annual conflict-of-interest disclosures, ethics officer oversight, 2-year post-employment restrictions on representing parties before the authority, and prohibits employees and consultants from serving on the board during employment.
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Extends the maximum lease-purchase agreement term from 40 to 99 years and requires Department of Transportation approval for any Lake County expressway extensions; restricts use of toll revenue increases without a two-thirds board vote to fund different system portions.
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Transfers the Osceola County Expressway System to the Central Florida Expressway Authority effective December 31, 2018 (subject to debt service coverage ratio requirements), and repeals Part V of Chapter 348 upon transfer completion.
Legislative Description
Orlando-Orange County Expressway Authority
Last Action
Chapter No. 2014-171
6/20/2014