FL S0204

Increases minimum appropriation for spring restoration, protection, and management projects from 7.6 percent or $50 million to 10.7 percent or $75 million annually

Appropriates $50 million annually to the St. Johns River Water Management District for restoration projects in the St. Johns River, its tributaries, and the Keystone Heights Lake Region, with distributions reduced by debt service on bonds issued after July 1, 2018

Removes obsolete provision regarding 2017-2018 fiscal year appropriations that was set to expire July 1, 2018

Clarifies debt service calculation methodology for bonds issued after July 1, 2016, by adding debt service amounts back into remaining funds before calculating minimum distributions, then reducing the distribution by that same amount

Takes effect July 1, 2018