FL H5501

Increases the annual documentary stamp tax distribution cap to the State Transportation Trust Fund from $360.08 million to $420.08 million per fiscal year

Reallocates State Transportation Trust Fund percentages: Small County Outreach Program reduced from 13% to 11%, Strategic Intermodal System reduced from 78% to 67%, Transportation Regional Incentive Program reduced from 9% to 8%

Creates new allocation of 14% of funds to the Florida Rail Enterprise for purposes established in s. 341.303

Prohibits funding required for the South Florida Regional Transportation Authority from being provided from funds dedicated to the Florida Rail Enterprise

Effective date: July 1, 2026