SB 1020 — Federal Grants Trust Fund/Department of Legal Affairs
by Budget Subcommittee on Criminal and Civil Justice Appropriations
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Budget Subcommittee on Criminal and Civil Justice Appropriations Committee (BJA)
The bill (Chapter 2011-20, L.O.F.) re-creates the Federal Grants Trust Fund within the Department of Legal Affairs. The bill also repeals s. 20.112(3), F.S., which provided for a scheduled termination date of July 1, 2012, four years after the initial creation of the trust fund, in accordance with s. 19(f), Art. III, State Constitution. This trust fund provides the department with the necessary segregation of funds and proper alignment of agency accounts with the requirements of s. 215.32, F.S. The Federal Grants Trust Fund is used for allowable grant activities funded by restricted program revenues. Funds credited to the trust fund consist of grants and other funding from the federal government, interest earnings, and cash advances from other trust funds. Trust fund expenditures are authorized by legislative appropriation or by an operating budget amendment approved according to the provisions in chapter 216, F.S.
These provisions were approved by the Governor and take effect July 1, 2011.
Vote: Senate 40-0; House 116-0