The bill CS for SB 7002 First Engrossed amends various sections of Florida Statutes concerning water management districts, focusing on governance, financial accountability, and project implementation. It introduces a definition for "expenditure" and requires the Commission on Ethics to investigate lobbyists or principals making prohibited expenditures, with a report to the Governor. The bill removes the need for legislative approval to establish subdistricts or basins and sets new quorum requirements for governing boards, necessitating a majority vote for actions. It also authorizes the South Florida Water Management District to acquire land for a reservoir project north of Lake Okeechobee, emphasizing public purpose. Additionally, the bill mandates detailed reporting on the Everglades restoration plan, restricts state fund usage, and allows water management districts to levy ad valorem taxes for specific projects, contingent on voter approval.

Further provisions enhance transparency and accountability by requiring detailed justifications for preliminary budgets, capital improvement plans, and specific budget proposals to be approved by the Legislature. The bill also establishes guidelines for competitive bidding, mandates a minimum 50% cost share for projects, and introduces a revolving loan program for eligible projects. Tax levies within designated basins are outlined, with a cap on the millage rate and procedures for assessment and collection. The act is set to take effect on July 1, 2025, aiming to improve the management and funding of water resources and resilience projects in Florida.

Statutes affected:
S 7002 Filed: 373.079, 373.503, 373.535, 373.6075, 380.095
S 7002 c1: 373.0693, 373.079, 373.470, 373.503, 373.6075, 380.095
S 7002 e1: 373.026, 373.0693, 373.079, 373.503, 373.6075, 380.095