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Thursday, April 24, 2014

Voters could pump cash into restoration of springs

Published April 23, 2014
Gardiner and other lawmakers have been pushing for strong regulations in light of the deteriorating health and flows of once-pristine springs such as Wekiwa and Rock Springs in Orange County and Silver Springs in Marion County.

The Water and Land Conservation amendment would devote to conservation 33 percent of the revenues collected from documentary-stamp taxes on real-estate transactions — a tax that generated $1.7 billion this year. If it passes, state economists estimate it would raise $648 million next year and nearly $19 billion during the next two decades.
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