FL S1510

Extends the Legislature's intended retirement date for Florida Forever bonds from December 31, 2040 to December 31, 2054.

Requires an annual appropriation of $100 million to the Florida Forever Trust Fund from remaining Land Acquisition Trust Fund distributions.

Prohibits Land Acquisition Trust Fund moneys from being used for administrative overhead costs within the Department of Environmental Protection, Department of Agriculture and Consumer Services, Fish and Wildlife Conservation Commission, and Department of State.

Maintains the maximum annual debt service payment of $300 million for Florida Forever bonds and preserves existing allocations for Everglades restoration and spring protection projects.

Takes effect July 1, 2021.