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Version A final setup - Florida House of Representatives

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ARTICLE VII CONSTITUTION OF THE STATE OF FLORIDA ARTICLE VII<br />

(c) No bonds shall be issued unless a state<br />

fiscal agency, created by law, has made a<br />

determination that in no state fiscal year will<br />

the debt service requirements <strong>of</strong> the bonds<br />

proposed to be issued and all other bonds<br />

secured by the same pledged revenues exceed<br />

the pledged revenues available for payment <strong>of</strong><br />

such debt service requirements, as defined by<br />

law.<br />

History.—Added, S.J.R. 6-E, 1980; adopted 1980.cf.—s. 18,<br />

Art. XII Schedule.<br />

SECTION 17. Bonds for acquiring transportation<br />

right-<strong>of</strong>-way or for constructing<br />

bridges.—<br />

(a) When authorized by law, state bonds<br />

pledging the full faith and credit <strong>of</strong> the state may<br />

be issued, without a vote <strong>of</strong> the electors, to<br />

finance or refinance the cost <strong>of</strong> acquiring real<br />

property or the rights to real property for state<br />

roads as defined by law, or to finance or<br />

refinance the cost <strong>of</strong> state bridge construction,<br />

and purposes incidental to such property acquisition<br />

or state bridge construction.<br />

(b) Bonds issued under this section shall be<br />

secured by a pledge <strong>of</strong> and shall be payable<br />

primarily from motor fuel or special fuel taxes,<br />

except those defined in Section 9(c) <strong>of</strong> Article XII,<br />

as provided by law, and shall additionally be<br />

secured by the full faith and credit <strong>of</strong> the state.<br />

(c) No bonds shall be issued under this<br />

section unless a state fiscal agency, created<br />

by law, has made a determination that in no state<br />

fiscal year will the debt service requirements <strong>of</strong><br />

the bonds proposed to be issued and all other<br />

bonds secured by the same pledged revenues<br />

exceed ninety percent <strong>of</strong> the pledged revenues<br />

available for payment <strong>of</strong> such debt service<br />

requirements, as defined by law. For the purposes<br />

<strong>of</strong> this subsection, the term “pledged<br />

revenues” means all revenues pledged to the<br />

payment <strong>of</strong> debt service, excluding any pledge <strong>of</strong><br />

the full faith and credit <strong>of</strong> the state.<br />

History.—Added, C.S. for C.S. for S.J.R. 391, 1988; adopted<br />

1988.<br />

SECTION 18. Laws requiring counties or<br />

municipalities to spend funds or limiting<br />

their ability to raise revenue or receive<br />

state tax revenue.—<br />

(a) No county or municipality shall be bound<br />

by any general law requiring such county or<br />

municipality to spend funds or to take an action<br />

requiring the expenditure <strong>of</strong> funds unless the<br />

legislature has determined that such law fulfills<br />

an important state interest and unless: funds<br />

have been appropriated that have been estimated<br />

at the time <strong>of</strong> enactment to be sufficient to<br />

fund such expenditure; the legislature authorizes<br />

B–37<br />

or has authorized a county or municipality to<br />

enact a funding source not available for such<br />

county or municipality on February 1, 1989, that<br />

can be used to generate the amount <strong>of</strong> funds<br />

estimated to be sufficient to fund such expenditure<br />

by a simple majority vote <strong>of</strong> the governing<br />

body <strong>of</strong> such county or municipality; the law<br />

requiring such expenditure is approved by twothirds<br />

<strong>of</strong> the membership in each house <strong>of</strong> the<br />

legislature; the expenditure is required to comply<br />

with a law that applies to all persons similarly<br />

situated, including the state and local governments;<br />

or the law is either required to comply with<br />

a federal requirement or required for eligibility for<br />

a federal entitlement, which federal requirement<br />

specifically contemplates actions by counties or<br />

municipalities for compliance.<br />

(b) Except upon approval <strong>of</strong> each house <strong>of</strong><br />

the legislature by two-thirds <strong>of</strong> the membership,<br />

the legislature may not enact, amend, or repeal<br />

any general law if the anticipated effect <strong>of</strong> doing<br />

so would be to reduce the authority that municipalities<br />

or counties have to raise revenues in the<br />

aggregate, as such authority exists on February<br />

1, 1989.<br />

(c) Except upon approval <strong>of</strong> each house <strong>of</strong><br />

the legislature by two-thirds <strong>of</strong> the membership,<br />

the legislature may not enact, amend, or repeal<br />

any general law if the anticipated effect <strong>of</strong> doing<br />

so would be to reduce the percentage <strong>of</strong> a state<br />

tax shared with counties and municipalities as an<br />

aggregate on February 1, 1989. The provisions<br />

<strong>of</strong> this subsection shall not apply to enhancements<br />

enacted after February 1, 1989, to state<br />

tax sources, or during a fiscal emergency<br />

declared in a written joint proclamation issued<br />

by the president <strong>of</strong> the senate and the speaker <strong>of</strong><br />

the house <strong>of</strong> representatives, or where the<br />

legislature provides additional state-shared revenues<br />

which are anticipated to be sufficient to<br />

replace the anticipated aggregate loss <strong>of</strong> stateshared<br />

revenues resulting from the reduction <strong>of</strong><br />

the percentage <strong>of</strong> the state tax shared with<br />

counties and municipalities, which source <strong>of</strong><br />

replacement revenues shall be subject to the<br />

same requirements for repeal or modification as<br />

provided herein for a state-shared tax source<br />

existing on February 1, 1989.<br />

(d) Laws adopted to require funding <strong>of</strong><br />

pension benefits existing on the effective date<br />

<strong>of</strong> this section, criminal laws, election laws, the<br />

general appropriations act, special appropriations<br />

acts, laws reauthorizing but not expanding<br />

then-existing statutory authority, laws having<br />

insignificant fiscal impact, and laws creating,<br />

modifying, or repealing noncriminal infractions,<br />

are exempt from the requirements <strong>of</strong> this section.

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