This bill amends sections of the Florida Statutes related to the distribution of fuel sales tax proceeds and the transfer of funds into the Fuel Tax Collection Trust Fund. Specifically, it revises the allocation of collected funds, including a new provision that establishes a transfer of 0.5 percent of moneys collected to the Fish and Wildlife Conservation Commission for aquatic plant management, replacing a previous fixed amount of $6.3 million. Additionally, it changes the transfer to the State Game Trust Fund from an annual amount of $2.5 million to 0.2 percent of collected moneys, while also eliminating the requirement for equal monthly transfers. The bill further increases the percentage transferred to the Agricultural Emergency Eradication Trust Fund from 0.65 percent to 1.15 percent and modifies the transfer to the Marine Resources Conservation Trust Fund.
Moreover, the bill updates the distribution of funds collected under section 206.9935, specifying that the first $150 million will be transferred to the Inland Protection Trust Fund, with any remaining funds deposited into the General Revenue Fund. This change aims to streamline the allocation process and ensure that funds are directed to their intended purposes more effectively. The act is set to take effect on July 1, 2026.
Statutes affected: S 2506 pb: 206.606, 206.9945