SB 118- Relating to Voluntary Contributions for Public Education Facilities
On Monday, April 20th, SB 118, relating to Voluntary Contributions for Public Education Facilities, by Senator Alan Hays (R-Umatilla) unanimously passed through its last committee stop in the Senate Fiscal Policy Committee with 10 yeas and 0 nays.
This bill sets up a process for businesses to solicit and collect voluntary contributions for the construction and maintenance of public education facilities. Under the bill, participating businesses are required to remit the contributions to the Department of Revenue for deposit into the Public Education Capital Outlay and Debt Service (PECO) Trust Fund.
SB 118 will now head to the Senate floor for a vote. AIF stood in support of this bill.
AIF supports legislature helping to ensure that Public Education Facilities receive the funding they need for their facility costs.
HB 461- Relating to Independent Nonprofit Higher Educational Facilities Financing
On Thursday, April 24th, HB 461, relating to the Independent Nonprofit Higher Educational Facilities Financing, by Rep. Jennifer Sullivan (R- Eustis) was read on the Senate floor and substituted for its Senate companion bill SB 622. After HB 461 was substituted for SB 622 the bill was read for a third time and a vote was taken. HB 461 unanimously passed through the Senate floor with 40 yeas and 0 nays.
The purpose of House Bill 461 is to expand the types of projects that may need to be funded for Universities throughout Florida, such as; costs for construction of dining halls, student unions, laboratories, research facilities, classrooms, athletic facilities, health care facilities, maintenance, storage, or utility facilities, and related facilities or structures required or useful for the instruction of students, research, or the operation of an educational institution and certain purchases of equipment and machinery.
HB 461 will now head to the desk of Governor Rick Scott to be signed into law.
AIF supports legislature to ensure that Higher Education Facilities receive the funding they need for their facility costs.
