-fin19I-wk -- . 5; hi.-- -7.0(1.1 Sr . fig1'-$343,015 S956 1976 . ges delinquent erest penal'- Or' - - by to deficient estate taxesa 11: monthi_y* rate on oxerdue intangible ti 1 delinquent ocument taxe ary Stam . . I etc . (G01-don) taxes delinquent gross rece. FISCAL IMPACT . $million additional 5 One time speed-. 1 - of which up in sales tax collections. 30 HB 3 111 - BEVERAGE TAX INCREASE HB increases the various beverages and liquors by :0 distributor' discount the increase . ld provided 97 million in additional revenues . (Hgdles ave and Andrews) HB 413 INTANGIBLE PERSONAL PROPERTY TAXATION HB 4131 amends include as taxable bills notes accounts receivable obligations or credits issued>> in connection with the sale leasing or servicing of real or personal property either . in or out of the state gation is owed by a Florida resident .. The bill wou if 2? 4 i T3. F. OVIL . 4141 contains 3 number of pr tate transafctlons conducted sages and trust deeds 'n Florida are sub 3 ec out-of-state yet re?? I-ecor Iuentary stamp tax . Ea'-ions . affidavit stating the loophole in current law which loses $3 to $4 million annually' 1977 LEG SLATIVE SU 4ARY PREPARED BY THE HousE MINORITY STAFF Transportation Outdoor theaters; regu tions scenes: or csgsa 323 i. rrovices the equivalent of 2 pennies of gas tax million} for transportation purgcses on a recnrrinc basis. This funds the expanded program levels contained in the Acpropriations Bill. '5 I 1- Separtnent of Transportation. One cent of cigarette tax {$11.3 million} and 45% of the intangibles tax ($41 million) currently in General Revenue are transferred as replacement revenues. B. 27.*t of gross license tac fees. (the equivalent of one penny - rnillion. homes. is transferred "IleuAsw if, I: from General Revenue and divided between the counties and department as follows: (1) 5.6% {$15.1 million) is transferred to county revenue sharing to the counties for maintenance of roads and other transportation purposes. Effective July 1, 1980, the county percentage increases to 11.6% or the of $26 million. (2) 19.11 ($33.7 million} is transferred to the department until 1950 when the percentage decreases to 16.1%. The additional revenues will fund expanded programs for periodic maintenance, construction, and primary riqhts--of--way. 2. Provides for county control over all phases of construction from the proceeds of the second gas tax. 3. Provides for the Department of Transportation to acquire all 1' Primary rights of way with state funds thereby relieving the counties of this burden($20 million). Scmmarv of C5533 393 Page Two 4. 4- Renoves aeproxizately 1,333 positions from the aepartnent of Transportation over a three year period- . - at *1 Functional classification 0. air roads wirl confusion. eiininate Present Per' administration of ransoortation facilities. a 5.. at- The recommended Plan is designed to allow local t? exercise maximum control CVEI tf3fi5?QTt3ti3: f33il;'1e5' Functional classification provides fiufii?iPfi1 Tetlef befiause - - 2 e_4r the state and counties assume a-l of higher importance. It provides for periodic functional reclassification, with necessary transfers, to prevent recurrence of present inequities. An.annua1, comprehensive transportation report will provide the necessary information for the legislature to address the croblems of allocating resources to meet transportation needsa permit is issued In addithan only at the time a certificate or to mileage reports maintained 786 deletes 'provisions relating . and Jones) accounted for separate from the county general fund. It provides for the trans fer of the additional eighth cent tax on motor fuel to the State Transportation Trus Fund. 803 also increases the amount of cigarette tax funds credited to the Revenue Sharing Trus Fund for municipalities. (Committees on Appropriations and Transportation)