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FL S1816
Bill
AI Summary
- Extends the intended retirement date for Florida Forever Act bonds from December 31, 2040, to December 31, 2054
- Requires an annual appropriation of $100 million from the Land Acquisition Trust Fund to the Florida Forever Trust Fund, replacing an expiring one-year provision from the 2021-2022 fiscal year
- Prohibits Land Acquisition Trust Fund moneys from being used for executive direction, support services, and technology office costs within the Department of Environmental Protection, Department of Agriculture and Consumer Services, Fish and Wildlife Conservation Commission, and Department of State
- Maintains existing funding allocations from the Land Acquisition Trust Fund, including minimums for Everglades restoration projects ($200 million or 25%), spring restoration ($50 million or 7.6%), Lake Apopka restoration ($5 million), the EAA reservoir project ($64 million), and the Lake Okeechobee Watershed Restoration Project ($50 million)
- Effective date of July 1, 2022
Legislative Description
Land Acquisition Trust Fund
Last Action
Died in Appropriations Subcommittee on Agriculture, Environment, and General Government
3/14/2022
Committee Referrals
Appropriations Subcommittee on Agriculture, Environment, and General Government1/24/2022
Full Bill Text
No bill text available