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FL S1372
Bill
AI Summary
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Allocates 50 percent of the $60 million annual Florida Rail Enterprise funding to expressway authorities for commuter rail infrastructure projects in counties with populations over 1 million.
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Redirects motor vehicle registration revenues to individual county transportation trust funds in proportion to revenues collected from each county instead of the State Transportation Trust Fund.
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Allows expressway authorities to direct up to 15 percent of toll revenues from high-occupancy or express lanes to support express bus service through private sector concessions.
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Establishes Transportation Reinvestment Zones (TRZ) that allow expressway authorities to capture 95 percent of incremental property tax increases within designated areas to fund transportation infrastructure maintenance, construction, and operation.
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Implements a nominating council process for appointing expressway authority board members and adds ethics qualifications prohibiting lobbyists and those with business relationships with the authority from serving on governing bodies.
Legislative Description
Transportation
Last Action
Died in Transportation
3/11/2016