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SB 524 — Fish and Wildlife Conservation Commission Trust Funds
by Senator Hooper
This summary is provided for information only and does not represent the opinion of any Senator, Senate Officer, or Senate Office.
Prepared by: Environment and Natural Resources Committee (EN)
The bill revises several of the Fish and Wildlife Conservation Commission’s (FWC) trust funds to allow the agency to use trust fund revenues for administrative costs and to specifically authorize the investment of funds within the State Treasury. The bill codifies FWC’s existing practices.
The following trust funds are amended to allow for the use of trust fund revenues for administrative costs:
- Florida Panther Research and Management Trust Fund;
- Save the Manatee Trust Fund; and
- Invasive Plant Control Trust Fund.
The following trust funds are amended to authorize the investment of funds into the State Treasury:
- Florida Panther Research and Management Trust Fund;
- Marine Resources Conservation Trust Fund;
- Nongame Wildlife Trust Fund;
- State Game Trust Fund;
- Save the Manatee Trust Fund; and
- Invasive Plant Control Trust Fund.
If approved by the Governor, these provisions take effect July 1, 2021.
Vote: Senate 40-0; House 115-0