Bill Text: FL S1400 | 2022 | Regular Session | Introduced
Bill Title: Land Acquisition Trust Fund
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2022-03-14 - Died in Appropriations [S1400 Detail]
Download: Florida-2022-S1400-Introduced.html
Florida Senate - 2022 SB 1400 By Senator Burgess 20-01308A-22 20221400__ 1 A bill to be entitled 2 An act relating to the Land Acquisition Trust Fund; 3 providing legislative findings; amending s. 375.041, 4 F.S.; providing an annual appropriation to the 5 Department of Environmental Protection to implement 6 the Heartland Headwaters Protection and Sustainability 7 Act; requiring the funds to be used and distributed 8 for specified purposes; removing an obsolete 9 provision; providing an effective date. 10 11 Be It Enacted by the Legislature of the State of Florida: 12 13 Section 1. The Legislature finds that: 14 (1) The Legislature unanimously approved CS/CS/HB 573, the 15 Heartland Headwaters Protection and Sustainability Act, in 2017, 16 to protect the headwaters of the Alafia, Hillsborough, 17 Kissimmee, Ocklawaha, Peace, and Withlacoochee Rivers located in 18 the Green Swamp and Polk County, which are some of the most 19 important and vulnerable water resources in this state. 20 (2) In the same act, the Legislature declared that it is an 21 important state interest to partner with regional water supply 22 authorities and local governments, in accordance with s. 23 373.705, Florida Statutes, to protect the water resources of the 24 headwaters of the Alafia, Hillsborough, Kissimmee, Ocklawaha, 25 Peace, and Withlacoochee Rivers and the surrounding areas. 26 (3) In 2020, the Central Florida Water Initiative (CFWI) 27 Regional Water Supply Plan developed pursuant to s. 373.0465, 28 Florida Statutes, projected the population of the region to 29 reach 4.4 million by 2040, which is a 49 percent increase from a 30 2015 estimate. The total average of surface water and 31 groundwater use in the CFWI Planning Area is projected to 32 increase 36 percent from 667 million gallons per day in 2015 to 33 908 million gallons per day in 2040. 34 (4) The CFWI Regional Water Supply Plan concluded that in 35 some areas of the CFWI Planning Area, fresh groundwater is near 36 or has exceeded the limits of groundwater availability and that 37 alternative water sources will need to be developed along with 38 additional water conservation efforts and local management 39 strategies to meet the 2040 projected water demands or currently 40 permitted allocations while allowing currently stressed water 41 resources and natural systems to recover. 42 (5) Consistent funding support is required in order to 43 support the efforts of the water management districts to protect 44 the rivers, springs, and wetlands in the region while providing 45 for responsible development of these water resources to support 46 growth and provide for public health and safety. 47 Section 2. Subsection (3) of section 375.041, Florida 48 Statutes, is amended to read: 49 375.041 Land Acquisition Trust Fund.— 50 (3) Funds distributed into the Land Acquisition Trust Fund 51 pursuant to s. 201.15 shall be applied: 52 (a) First, to pay debt service or to fund debt service 53 reserve funds, rebate obligations, or other amounts payable with 54 respect to Florida Forever bonds issued under s. 215.618; and 55 pay debt service, provide reserves, and pay rebate obligations 56 and other amounts due with respect to Everglades restoration 57 bonds issued under s. 215.619; and 58 (b) Of the funds remaining after the payments required 59 under paragraph (a), but before funds may be appropriated, 60 pledged, or dedicated for other uses: 61 1. A minimum of the lesser of 25 percent or $200 million 62 shall be appropriated annually for Everglades projects that 63 implement the Comprehensive Everglades Restoration Plan as set 64 forth in s. 373.470, including the Central Everglades Planning 65 Project subject to Congressional authorization; the Long-Term 66 Plan as defined in s. 373.4592(2); and the Northern Everglades 67 and Estuaries Protection Program as set forth in s. 373.4595. 68 From these funds, $32 million shall be distributed each fiscal 69 year through the 2023-2024 fiscal year to the South Florida 70 Water Management District for the Long-Term Plan as defined in 71 s. 373.4592(2). After deducting the $32 million distributed 72 under this subparagraph, from the funds remaining, a minimum of 73 the lesser of 76.5 percent or $100 million shall be appropriated 74 each fiscal year through the 2025-2026 fiscal year for the 75 planning, design, engineering, and construction of the 76 Comprehensive Everglades Restoration Plan as set forth in s. 77 373.470, including the Central Everglades Planning Project, the 78 Everglades Agricultural Area Storage Reservoir Project, the Lake 79 Okeechobee Watershed Project, the C-43 West Basin Storage 80 Reservoir Project, the Indian River Lagoon-South Project, the 81 Western Everglades Restoration Project, and the Picayune Strand 82 Restoration Project. The Department of Environmental Protection 83 and the South Florida Water Management District shall give 84 preference to those Everglades restoration projects that reduce 85 harmful discharges of water from Lake Okeechobee to the St. 86 Lucie or Caloosahatchee estuaries in a timely manner. For the 87 purpose of performing the calculation provided in this 88 subparagraph, the amount of debt service paid pursuant to 89 paragraph (a) for bonds issued after July 1, 2016, for the 90 purposes set forth under paragraph (b) shall be added to the 91 amount remaining after the payments required under paragraph 92 (a). The amount of the distribution calculated shall then be 93 reduced by an amount equal to the debt service paid pursuant to 94 paragraph (a) on bonds issued after July 1, 2016, for the 95 purposes set forth under this subparagraph. 96 2. A minimum of the lesser of 7.6 percent or $50 million 97 shall be appropriated annually for spring restoration, 98 protection, and management projects. For the purpose of 99 performing the calculation provided in this subparagraph, the 100 amount of debt service paid pursuant to paragraph (a) for bonds 101 issued after July 1, 2016, for the purposes set forth under 102 paragraph (b) shall be added to the amount remaining after the 103 payments required under paragraph (a). The amount of the 104 distribution calculated shall then be reduced by an amount equal 105 to the debt service paid pursuant to paragraph (a) on bonds 106 issued after July 1, 2016, for the purposes set forth under this 107 subparagraph. 108 3. The sum of $5 million shall be appropriated annually 109 each fiscal year through the 2025-2026 fiscal year to the St. 110 Johns River Water Management District for projects dedicated to 111 the restoration of Lake Apopka. This distribution shall be 112 reduced by an amount equal to the debt service paid pursuant to 113 paragraph (a) on bonds issued after July 1, 2016, for the 114 purposes set forth in this subparagraph. 115 4. The sum of $64 million is appropriated and shall be 116 transferred to the Everglades Trust Fund for the 2018-2019 117 fiscal year, and each fiscal year thereafter, for the EAA 118 reservoir project pursuant to s. 373.4598. Any funds remaining 119 in any fiscal year shall be made available only for Phase II of 120 the C-51 reservoir project or projects identified in 121 subparagraph 1. and must be used in accordance with laws 122 relating to such projects. Any funds made available for such 123 purposes in a fiscal year are in addition to the amount 124 appropriated under subparagraph 1. This distribution shall be 125 reduced by an amount equal to the debt service paid pursuant to 126 paragraph (a) on bonds issued after July 1, 2017, for the 127 purposes set forth in this subparagraph. 128 5. The sum of $50 million shall be appropriated annually to 129 the South Florida Water Management District for the Lake 130 Okeechobee Watershed Restoration Project in accordance with s. 131 373.4599. This distribution must be reduced by an amount equal 132 to the debt service paid pursuant to paragraph (a) on bonds 133 issued after July 1, 2021, for the purposes set forth in this 134 subparagraph. 135 6. The sum of $20 million shall be appropriated annually to 136 the Department of Environmental Protection to implement the 137 Heartland Headwaters Protection and Sustainability Act pursuant 138 to chapter 2017-111, Laws of Florida. The funds must be used to 139 enter into financial assistance agreements and distributed in 140 accordance with the projects identified in the heartland 141 headwaters annual report submitted to the Legislature pursuant 142 to s. 373.463 to finance the cost of designing or constructing 143 projects that protect, restore, or enhance the headwaters of the 144 river systems located in the Heartland Region of Central 145 Florida. This distribution shall be reduced by an amount equal 146 to the debt service paid pursuant to paragraph (a) on bonds 147 issued after July 1, 2022, for the purposes set forth in this 148 subparagraphNotwithstanding subparagraph 3., for the 2021-2022149fiscal year, funds shall be appropriated as provided in the150General Appropriations Act. This subparagraph expires July 1,1512022. 152 Section 3. This act shall take effect July 1, 2022.