HB 451 2024 CODING: Words stricken are deletions; words underlined are additions. hb0451-00 Page 1 of 6 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S A bill to be entitled 1 An act relating to the Land Acquisition Trust Fund; 2 providing legislative findings; amending s. 375.041, 3 F.S.; providing an annual appropriation to the 4 Department of Environmental Protection to implement 5 the Heartland Headwaters Protection and Sustainability 6 Act; requiring the funds to be used and distributed 7 for specified purposes; providing an effective date. 8 9 Be It Enacted by the Legislature of the State of Florida: 10 11 Section 1. The Legislature finds that: 12 (1) The Legislature unanimously approved CS/CS/HB 573, the 13 Headwaters Protection and Sustainability Act, in 2017, to 14 protect the headwaters of the Alafia, Hillsborough, Kissimmee, 15 Ocklawaha, Peace, and Withlacoochee Rivers located in the Green 16 Swamp and Polk County, which are some of the most important and 17 vulnerable water resources in the state. 18 (2) In the same act, the Legislature declared that it is 19 an important state interest to partner with regional water 20 supply authorities and local governments, in accordance with s. 21 373.705, Florida Statutes, to protect the water resources of the 22 headwaters of the Alafia, Hillsborough, Kissimmee, Ocklawaha, 23 Peace, and Withlacoochee Rivers and the surro unding areas. 24 (3) In 2020, the Central Florida Water Initiative Water 25 HB 451 2024 CODING: Words stricken are deletions; words underlined are additions. hb0451-00 Page 2 of 6 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S Supply Plan developed pursuant to s. 373.0465, Florida Statutes, 26 projected the population of the region to reach 4.4 million by 27 2040, which is a 49 percent increase from a 2015 estimat e. The 28 total average of surface and ground water use in the initiative 29 planning area is projected to increase 36 percent from 667 30 million gallons per day in 2015 to 908 million gallons per day 31 in 2040. 32 (4) The Central Florida Water Initiative Water Suppl y Plan 33 concluded that in some areas of the initiative planning area, 34 fresh groundwater is near or has exceeded the limits of 35 groundwater availability and that alternative water sources will 36 need to be developed along with additional water conservation 37 efforts and local management strategies to meet the 2040 38 projected water demands or currently permitted allocations while 39 allowing currently stressed water resources and natural systems 40 to recover. 41 (5) Consistent funding support is required in order to 42 support the efforts of the water management districts to protect 43 the rivers, springs, and wetlands in the region while providing 44 for responsible development of the water resources to support 45 growth and provide for public health and safety. 46 Section 2. Paragraph (b) of subsection (3) of section 47 375.041, Florida Statutes, is amended to read: 48 375.041 Land Acquisition Trust Fund. — 49 (3) Funds distributed into the Land Acquisition Trust Fund 50 HB 451 2024 CODING: Words stricken are deletions; words underlined are additions. hb0451-00 Page 3 of 6 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S pursuant to s. 201.15 shall be applied: 51 (b) Of the funds remaining af ter the payments required 52 under paragraph (a), but before funds may be appropriated, 53 pledged, or dedicated for other uses: 54 1. A minimum of the lesser of 25 percent or $200 million 55 shall be appropriated annually for Everglades projects that 56 implement the Comprehensive Everglades Restoration Plan as set 57 forth in s. 373.470, including the Central Everglades Planning 58 Project subject to congressional authorization; the Long -Term 59 Plan as defined in s. 373.4592(2); and the Northern Everglades 60 and Estuaries Protection Program as set forth in s. 373.4595. 61 From these funds, $32 million shall be distributed each fiscal 62 year through the 2023 -2024 fiscal year to the South Florida 63 Water Management District for the Long -Term Plan as defined in 64 s. 373.4592(2). After deduc ting the $32 million distributed 65 under this subparagraph, from the funds remaining, a minimum of 66 the lesser of 76.5 percent or $100 million shall be appropriated 67 each fiscal year through the 2025 -2026 fiscal year for the 68 planning, design, engineering, and construction of the 69 Comprehensive Everglades Restoration Plan as set forth in s. 70 373.470, including the Central Everglades Planning Project, the 71 Everglades Agricultural Area Storage Reservoir Project, the Lake 72 Okeechobee Watershed Project, the C -43 West Basin Storage 73 Reservoir Project, the Indian River Lagoon -South Project, the 74 Western Everglades Restoration Project, and the Picayune Strand 75 HB 451 2024 CODING: Words stricken are deletions; words underlined are additions. hb0451-00 Page 4 of 6 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S Restoration Project. The Department of Environmental Protection 76 and the South Florida Water Management District shall give 77 preference to those Everglades restoration projects that reduce 78 harmful discharges of water from Lake Okeechobee to the St. 79 Lucie or Caloosahatchee estuaries in a timely manner. For the 80 purpose of performing the calculation provided in this 81 subparagraph, the amount of debt service paid pursuant to 82 paragraph (a) for bonds issued after July 1, 2016, for the 83 purposes set forth under this paragraph shall be added to the 84 amount remaining after the payments required under paragraph 85 (a). The amount of the dis tribution calculated shall then be 86 reduced by an amount equal to the debt service paid pursuant to 87 paragraph (a) on bonds issued after July 1, 2016, for the 88 purposes set forth under this subparagraph. 89 2. A minimum of the lesser of 7.6 percent or $50 mill ion 90 shall be appropriated annually for spring restoration, 91 protection, and management projects. For the purpose of 92 performing the calculation provided in this subparagraph, the 93 amount of debt service paid pursuant to paragraph (a) for bonds 94 issued after July 1, 2016, for the purposes set forth under this 95 paragraph shall be added to the amount remaining after the 96 payments required under paragraph (a). The amount of the 97 distribution calculated shall then be reduced by an amount equal 98 to the debt service paid pursuant to paragraph (a) on bonds 99 issued after July 1, 2016, for the purposes set forth under this 100 HB 451 2024 CODING: Words stricken are deletions; words underlined are additions. hb0451-00 Page 5 of 6 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S subparagraph. 101 3. The sum of $5 million shall be appropriated annually 102 each fiscal year through the 2025 -2026 fiscal year to the St. 103 Johns River Water Management District for projects dedicated to 104 the restoration of Lake Apopka. This distribution shall be 105 reduced by an amount equal to the debt service paid pursuant to 106 paragraph (a) on bonds issued after July 1, 2016, for the 107 purposes set forth in this su bparagraph. 108 4. The sum of $64 million is appropriated and shall be 109 transferred to the Everglades Trust Fund for the 2018 -2019 110 fiscal year, and each fiscal year thereafter, for the EAA 111 reservoir project pursuant to s. 373.4598. Any funds remaining 112 in any fiscal year shall be made available only for Phase II of 113 the C-51 reservoir project or projects identified in 114 subparagraph 1. and must be used in accordance with laws 115 relating to such projects. Any funds made available for such 116 purposes in a fiscal year ar e in addition to the amount 117 appropriated under subparagraph 1. This distribution shall be 118 reduced by an amount equal to the debt service paid pursuant to 119 paragraph (a) on bonds issued after July 1, 2017, for the 120 purposes set forth in this subparagraph. 121 5. The sum of $50 million shall be appropriated annually 122 to the South Florida Water Management District for the Lake 123 Okeechobee Watershed Restoration Project in accordance with s. 124 373.4599. This distribution must be reduced by an amount equal 125 HB 451 2024 CODING: Words stricken are deletions; words underlined are additions. hb0451-00 Page 6 of 6 F L O R I D A H O U S E O F R E P R E S E N T A T I V E S to the debt service paid pursuant to paragraph (a) on bonds 126 issued after July 1, 2021, for the purposes set forth in this 127 subparagraph. 128 6. The sum of $100 million shall be appropriated annually 129 to the Department of Environmental Protection for the 130 acquisition of land pursuant to s. 259.105. 131 7. The sum of $20 million shall be appropriated annually 132 to the Department of Environmental Protection to implement the 133 Heartland Headwaters Protection and Sustainability Act pursuant 134 to chapter 2017-111, Laws of Florida. The fund s must be used to 135 enter into financial assistance agreements and distributed in 136 accordance with the projects identified in the Heartland 137 Headwaters Annual Report submitted to the Legislature pursuant 138 to s. 373.463 to finance the cost of designing or constr ucting 139 projects that protect, restore, or enhance the headwaters of the 140 river systems located in Heartland Region of Central Florida. 141 This distribution shall be reduced by an amount equal to the 142 debt service paid pursuant to paragraph (a) on bonds issued 143 after July 1, 2024, for the purposes set forth in this 144 subparagraph. 145 Section 3. This act shall take effect July 1, 2024. 146