The Florida Senate

215.3208  Trust funds; schedule for termination; legislative review.--

(1)  Except for those trust funds exempt from automatic termination pursuant to the provisions of s. 19(f)(3), Art. III of the State Constitution, trust funds administered by the following entities shall be reviewed and may be terminated or re-created by the Legislature, as appropriate, during the regular session of the Legislature in the year indicated:

(a)  In 1994:

1.  Department of Corrections.

2.  Department of Highway Safety and Motor Vehicles.

3.  Department of Law Enforcement.

4.  Department of Legal Affairs.

5.  Department of the Lottery.

6.  Department of Management Services.

7.  Department of Military Affairs.

8.  Department of Transportation.

9.  ¹Game and Fresh Water Fish Commission.

10.  Judicial branch.

11.  Justice Administrative Commission.

12.  Parole Commission.

(b)  In 1995:

1.  Department of Agriculture and Consumer Services.

2.  Department of Banking and Finance.

3.  Department of Citrus.

4.  Department of Education.

5.  Department of Environmental Protection.

6.  Department of Revenue.

7.  Executive Office of the Governor.

8.  Florida Public Service Commission.

(c)  In 1996:

1.  Agency for Health Care Administration.

2.  Commission on Ethics.

3.  Department of Business and Professional Regulation.

4.  Department of Children and Family Services.

5.  ²Department of Commerce.

6.  Department of Community Affairs.

7.  Department of Elderly Affairs.

8.  Department of Health.

9.  Department of Insurance.

10.  Department of Juvenile Justice.

11.  Department of Labor and Employment Security.

12.  Department of State.

13.  Department of Veterans' Affairs.

14.  Legislative branch.

(2)  All other trust funds not administered by the entities listed in subsection (1) and not exempt from automatic termination pursuant to the provisions of s. 19(f)(3), Art. III of the State Constitution shall be reviewed and may be terminated or re-created by the Legislature, as appropriate, during the 1996 Regular Session of the Legislature.

(3)  For the purposes of this section, the Legislature shall review the trust funds as they are identified by a unique 6-digit code in the Florida Accounting Information Resource Subsystem at a level composed of the 2-digit organization level 1, the 1-digit state fund type 2, and the first three digits of the fund identifier. When a statutorily created trust fund that was in existence on November 4, 1992, has more than one 6-digit code, the Legislature may treat it as a single trust fund for the purposes of this section. The Legislature may also conduct its review concerning accounts within such trust funds.

(4)(a)  When the Legislature terminates a trust fund, the agency or branch of state government that administers the trust fund shall pay any outstanding debts or obligations of the trust fund as soon as practicable, and the Comptroller shall close out and remove the trust fund from the various state accounting systems, using generally accepted accounting principles concerning assets, liabilities, and warrants outstanding.

(b)  If the Legislature determines to terminate a trust fund, it may provide for the distribution of moneys in that trust fund. If such a distribution is not provided, the moneys remaining after all outstanding obligations of the trust fund are met shall be deposited in the General Revenue Fund.

History.--s. 4, ch. 93-159; s. 2, ch. 94-67; s. 55, ch. 94-356; s. 21, ch. 99-8; s. 14, ch. 99-155.

¹Note.--Transferred to the Fish and Wildlife Conservation Commission by s. 2, ch. 99-245.

²Note.--Section 20.17, which created the Department of Commerce, was repealed effective December 31, 1996, by s. 3, ch. 96-320.