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The Florida Senate

1999 Florida Statutes

SECTION 28035
Education--Contracts, Grants, and Donations Trust Fund.

240.28035  Education--Contracts, Grants, and Donations Trust Fund.--

(1)  The Education--Contracts, Grants, and Donations Trust Fund is hereby created, to be administered by the Department of Education. Funds shall be credited to the trust fund from contracts, grants, and private donations. The purpose of the trust fund is to support the instruction and research missions of the State University System.

(2)  Notwithstanding the provisions of s. 216.301, and pursuant to s. 216.351, any balance in the trust fund at the end of any fiscal year shall remain in the trust fund and shall be available for carrying out the purposes of the trust fund.

History.--s. 1, ch. 95-115.