FL S0130

Requires the State Board of Administration to annually transfer a portion of the Florida Hurricane Catastrophe Fund's investment income to the Florida Catastrophic Storm Risk Management Center beginning in fiscal year 2015-2016

Caps the annual transfer at the lesser of $1 million or 35 percent of the fund's investment income minus $10 million, based on the most recent fiscal year-end audited financial statements

Restricts transferred funds to be used solely for the center's statutory purposes as specified in s. 1004.647

Specifies that the transfer does not limit or replace any other funding otherwise available to the center

Effective date of July 1, 2015