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Bill Summary Details

Land Acquisition Trust Fund-1 (Support)

SB 1510 (Stewart) and HB 1211 (Altman) extend the date of retirement of bonds issued for the Florida Forever Program from December 2040 to December 2054. The bills provide for $100 million to be appropriated annually from the Land Acquisition Trust Fund to the Florida Forever Trust Fund. In addition, SB 1510 specifies that moneys distributed from the Land Acquisition Trust Fund may not be used for agency executive direction and support services or technology and information services. (O’Hara)