Section 16.5185 - Transfers to the transportation fund(1) Beginning on June 30, 2013, in each fiscal year, the secretary shall transfer from the general fund to the transportation fund the greater of the following: (a) An amount equal to 0.25 percent of the moneys projected to be deposited in the general fund during the fiscal year that are designated as "Taxes" in the summary in s. 20.005 (1), as published in the biennial budget act for that fiscal year. For fiscal year 2022-23 the amount calculated under this paragraph is doubled.(b) An amount equal to $35,127,000.(2m) Beginning on June 30, 2020, in each fiscal year, the secretary shall transfer the unencumbered balance of the petroleum inspection fund on June 30, less an amount sufficient to meet the reserve requirement under this subsection, from the petroleum inspection fund to the transportation fund. The petroleum inspection fund balance after a transfer under this subsection may not be less than 5 percent of gross revenues received during the fiscal year in which the transfer is made.(3) On December 30, 2024, and on each December 30 thereafter, the secretary shall transfer from the local government fund to the transportation fund $8,000,000.(4) Beginning on June 30, 2024, in each fiscal year, there is transferred from the general fund to the transportation fund the amount shown for the transfer in the general fund summary schedule of the biennial budget act for EV sales tax.Amended by Acts 2023 ch, 19,s 38, eff. 7/7/2023.Amended by Acts 2023 ch, 19,s 37, eff. 7/7/2023.Amended by Acts 2021 ch, 58,s 16, eff. 7/10/2021.Amended by Acts 2017 ch, 59,s 147, eff. 9/23/2017.Amended by Acts 2017 ch, 59,s 146, eff. 9/23/2017.Amended by Acts 2017 ch, 59,s 145, eff. 9/23/2017.Amended by Acts 2017 ch, 59,s 144, eff. 9/23/2017.