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, altering the allocation percentages for the Small County Outreach Program, Strategic Intermodal System, Transportation Regional Incentive Program, and Florida Rail Enterprise. It also modifies funding for the South Florida Regional Transportation Authority based on whether the authority assumes responsibility for maintaining and dispatching the South Florida Rail Corridor. The bill includes provisions for an alternate dedicated local funding source and the transfer of a perpetual commuter rail easement to the authority.

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, altering the allocation percentages for the Small County Outreach Program, Strategic Intermodal System, Transportation Regional Incentive Program, and Florida Rail Enterprise. It also modifies funding for the South Florida Regional Transportation Authority based on whether the authority assumes responsibility for maintaining and dispatching the South Florida Rail Corridor. The bill includes provisions for an alternate dedicated local funding source and the transfer of a perpetual commuter rail easement to the authority.