Florida H5501 revises documentary stamp tax distributions, affecting the South Florida Regional Transportation Authority and the Florida Rail.
Florida H5501 amends the distribution of documentary stamp tax proceeds, affecting the South Florida Regional Transportation Authority and the Florida Rail Enterprise. The bill specifies that if the authority becomes responsible for maintaining and dispatching the South Florida Rail Corridor, $15 million will be allocated for operations, maintenance, and dispatch, and $27.1 million for operating assistance and maintenance. If not, $13.3 million will be allocated for operations and $17.3 million for assistance.
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- Core Provisions
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- Legal Framework
- Critical Issues
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