Florida officials are monitoring the effects of new laws on state revenues


(The Center Square) – Florida officials have been examining several bills signed by Governor Ron DeSantis to determine how they will affect the state’s revenues.

Civil servants analyzed various bills at a revenue estimating conference related to House Bill 5001the state budget for 2024-2025, and HB 5003what is the measure it implements.

HB 1301 will authorize the Florida Department of Transportation to withhold interest income from funds designated for implementation of the Moving Florida Forward Plan. The money is kept in reserve. Any interest on transferred funds must be used by the department to implement the plan. Analysts found the change will have no impact on General Revenue or State Trust funds.

HB 1285 will amend Florida statutes to allow Miami Dade College, Polk State College and Tallahassee Community College to charge a fee of $290 per credit hour for nonresident tuition and fees for distance learning. The institutions can introduce this rate in phases per course.

Analysts stated that if the three colleges had immediately implemented the maximum reimbursement, the total budget impact for the 2024-2025 fiscal year would have been a loss of more than $4.6 million. However, institutions plan to introduce the program in phases. If 5% of non-Florida residents participate, the total impact will be reduced by $234,897.18.

HB 7073 has a proposed amendment specifying that if a discretionary sales tax is collected but not spent by a county, municipality, school board, or other entity, those revenues must be turned over to the Florida Department of Revenue within 60 days of the date of the final judgment. These funds must then be held in the Discretionary Sales Surtax Clearing House Trust Fund as a reserve for appropriation.

Senate Bill 994 will change the way school traffic zone violations are collected and paid. If a violation is enforced by a school bus violation detection system, the $25 fine will go to the participating school district, instead of the Florida Department of Health’s Emergency Medical Services Trust Fund. Analysts stated that the change will have an indefinite impact on the state budget.

HB 1425 would eliminate the minimum risk level for non-residential commitments for youth. Previously, the court ordered a parent to pay a $1 per day health care fee. The Department of Juvenile Justice stated that courts will likely impose probation instead, also at $1 per day. Analysts expect no impact on the budget.