If adopted, the bill would direct some documentary stamp tax revenue to state transportation programs and keep dedicated rail funds from meeting the South Florida authority's funding requirement.
Some remaining documentary stamp tax revenue would go to state transportation programs, including county, statewide, regional, and rail programs. The printed figures conflict, so the exact amounts and shares are unclear.
The Department of Transportation could not use money set aside for the Florida Rail Enterprise to meet its funding requirement for the South Florida Regional Transportation Authority.
The bill text directs some remaining documentary stamp tax revenue to the State Transportation Trust Fund for named transportation programs. The direction applies to revenue remaining after the stated earlier distributions and deductions. The printed text shows conflicting amounts and percentages, so the exact amount and shares cannot be determined. The text describes a State Transportation Trust Fund amount for each fiscal year.
The bill text bars the Department of Transportation from using Florida Rail Enterprise funds to meet the South Florida Regional Transportation Authority's funding requirement. The restriction concerns funding the department provides to the authority under this subsection. The text does not state a separate start date for this restriction. The bill would take effect July 1, 2026.
No hearings or votes scheduled.