CODING: Words stricken are deletions; words underlined are additions.

House Bill 1611

Florida House of Representatives - 1997 HB 1611 By Representative Merchant 1 A bill to be entitled 2 An act relating to trust funds; creating the 3 Administration Trust Fund within the Department 4 of Highway Safety; providing for sources of 5 moneys and purposes; providing for future 6 review and termination or re-creation of the 7 trust fund; providing a contingent effective 8 date. 9 10 Be It Enacted by the Legislature of the State of Florida: 11 12 Section 1. The Administration Trust Fund is hereby 13 created, to be administered by the Department of Highway 14 Safety. Funds shall be credited to the trust fund as provided 15 in CS/HB 223 or similar legislation, to be used for the 16 purposes set forth therein. 17 Section 2. (1) Pursuant to the provisions of Section 18 19(f)(2), Article III of the State Constitution, the 19 Administration Trust Fund shall, unless terminated sooner, be 20 terminated on July 1, 2001. 21 (2) Prior to the regular legislative session 22 immediately preceding the date on which the trust fund is 23 scheduled to be terminated, the Department of Highway Safety 24 and the Governor shall recommend to the President of the 25 Senate and the Speaker of the House of Representatives whether 26 the trust fund should be allowed to terminate or should be 27 re-created. These recommendations shall be based on a review 28 of the purpose and use of the trust fund and a determination 29 of whether the trust fund will continue to be necessary. A 30 recommendation to re-create the trust fund may include 31 suggested modifications to the purposes, sources of receipts, 1 CODING: Words stricken are deletions; words underlined are additions. Florida House of Representatives - 1997 HB 1611 513-164-97 1 and allowable expenditures for the trust fund. The Department 2 of Highway Safety's recommendation shall be made as a part of 3 its legislative budget request to the Legislature pursuant to 4 section 216.023, Florida Statutes. The Governor's 5 recommendation shall be made as a part of the recommended 6 budget presented to the Legislature pursuant to section 7 216.162, Florida Statutes. 8 (3) If the trust fund is terminated, the Department of 9 Highway Safety shall pay any outstanding debts or obligations 10 of the trust fund as soon as practicable and the Comptroller 11 shall close out and remove the trust fund from the various 12 state accounting systems, using generally accepted accounting 13 practices concerning warrants outstanding, assets, and 14 liabilities. 15 Section 3. This act shall take effect July 1, 1997, if 16 CS/HB 223 or similar legislation is adopted in the same 17 legislative session or an extension thereof. 18 19 ***************************************** 20 HOUSE SUMMARY 21 Creates the Administration Trust Fund within the 22 Department of Highway Safety, and provides for its sources of moneys and purposes. Provides for future 23 review and termination or re-creation of the trust fund. 24 25 26 27 28 29 30 31 2