Senate Bill 1736
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    Florida Senate - 1998                                  SB 1736
    By Senator Horne
    6-1660-98
  1                      A bill to be entitled
  2         An act relating to job training; creating s.
  3         446.609, F.S.; creating a school-to-work
  4         program entitled "Jobs for Florida's
  5         Graduates"; providing definitions and intent;
  6         providing requirements for school and student
  7         participation; creating an endowment fund and
  8         providing for appropriations and gifts;
  9         providing for the investment and deposit of
10         funds in an operating account; creating an
11         endowment foundation as a direct-support
12         organization; providing duties of the
13         foundation and a foundation board of directors;
14         providing for use of funds and startup funding;
15         requiring an annual audit and report; providing
16         for rules; requiring legislative review of the
17         program; providing an effective date.
18
19  Be It Enacted by the Legislature of the State of Florida:
20
21         Section 1.  Section 446.609, Florida Statutes, is
22  created to read:
23         446.609  Jobs for Florida's Graduates.--
24         (1)  SHORT TITLE.--This section may be cited as the
25  "Jobs for Florida's Graduates Act."
26         (2)  DEFINITIONS.--For the purposes of this section:
27         (a)  "Board" means the board of directors of the
28  Florida Endowment Foundation for Florida's Graduates.
29         (b)  "Department" means the Department of Education.
30         (c)  "Endowment fund" means an account established
31  within the Florida Endowment Foundation for Florida's
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    Florida Senate - 1998                                  SB 1736
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  1  Graduates to provide a continuing and growing source of
  2  revenue for school-to-work transition efforts.
  3         (d)  "Foundation" means the Florida Endowment
  4  Foundation for Florida's Graduates.
  5         (e)  "Operating account" means an account established
  6  under paragraph (8)(h) to carry out the purposes of this
  7  section.
  8         (3)  LEGISLATIVE INTENT.--The Legislature recognizes
  9  that it is in the best interest of the citizens of this state
10  that the state have a well-educated and skilled workforce to
11  be competitive in a changing economy. It is the intent of the
12  Legislature to meet the challenge of ensuring a skilled
13  workforce by creating a formal program to facilitate the
14  important school-to-work transition and to provide additional
15  funding to achieve this goal.  Accordingly, the Legislature
16  finds and declares that:
17         (a)  The purpose of this section is to broaden the
18  participation and funding potential for further significant
19  support for Florida students who are approaching the
20  transition from school to work.
21         (b)  It is appropriate to encourage individual and
22  corporate support and involvement, as well as state support
23  and involvement, to promote employment opportunities for
24  Florida's students.
25         (4)  PROGRAM.--There is created a school-to-work
26  program to be known as Jobs for Florida's Graduates which will
27  be associated with the Jobs for America's Graduates Program.
28         (a)  During the first year of operation, the Jobs for
29  Florida's Graduates Program shall be operated in not less than
30  25 nor more than 50 high schools in the state to be chosen by
31  the board.  The goal shall be to have a minimum of 300 high
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    Florida Senate - 1998                                  SB 1736
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  1  schools participating in the program by the end of the
  2  2000-2001 school year.
  3         (b)  The schools chosen to participate in the program
  4  must represent a demographically balanced sample population
  5  and include both rural and urban schools.
  6         (c)  Students shall be selected for participation in
  7  the program based upon their being classified as 12th grade
  8  at-risk students.
  9         (5)  REVENUE FOR THE ENDOWMENT FUND.--
10         (a)  An endowment fund is created as a long-term,
11  stable, growing source of revenue to be administered by the
12  foundation in accordance with rules promulgated by the
13  department.
14         (b)  The principal of the endowment fund shall consist
15  of legislative appropriations that are made to the endowment
16  fund and bequests, gifts, grants, and donations as may be
17  solicited from public or private sources by the foundation.
18         (c)  The State Board of Administration shall invest and
19  reinvest moneys of the endowment fund principal in accordance
20  with the provisions of ss. 215.44-215.53. Interest and
21  investment income earned on the endowment fund principal shall
22  be annually transmitted to the foundation, based upon a fiscal
23  year which runs from July 1 through June 30, and shall be
24  deposited in the foundation's operating account for
25  distribution as provided in this section.
26         (6)  THE FLORIDA ENDOWMENT FOUNDATION FOR FLORIDA'S
27  GRADUATES.--
28         (a)  The Florida Endowment Foundation for Florida's
29  Graduates is created as a direct-support organization of the
30  Department of Education to encourage public and private
31  support to enhance school-to-work transition. As a
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  1  direct-support organization, the foundation shall operate
  2  under contract with the department and shall be:
  3         1.  A Florida corporation not for profit which is
  4  incorporated under the provisions of chapter 617 and approved
  5  by the Department of State.
  6         2.  Organized and operated exclusively to do the
  7  following:  raise funds; submit requests and receive grants
  8  from the Federal Government, the state, private foundations,
  9  and individuals; receive, hold, and administer property; and
10  make expenditures to or for the benefit of school-to-work
11  transition programs approved by the board of directors of the
12  foundation.
13         (b)  As a direct-support organization, the foundation
14  shall:
15         1.  Develop articles of incorporation.
16         2.  Create a board of directors appointed by the
17  Commissioner of Education.
18         3.  Perform an annual financial and performance review
19  to determine if the foundation is operating in a manner
20  consistent with the goals of the Legislature in providing
21  assistance for school-to-work transitions.
22         4.  Provide a mechanism for the reversion to the state
23  of moneys in the foundation and in any other funds and
24  accounts held in trust by the foundation if the foundation is
25  dissolved.
26         (7)  BOARD OF DIRECTORS.--The foundation shall be
27  administered by a board of directors, as follows:
28         (a)  The board shall consist of nine members who have
29  an interest in the school-to-work transition and who:
30
31
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  1         1.  Have skills in foundation work or other fundraising
  2  activities, financial consulting, or investment banking or
  3  other related experience; or
  4         2.  Have experience in policymaking or management-level
  5  positions or have otherwise distinguished themselves in the
  6  field of business or industry.
  7         (b)  The board members shall be appointed by the
  8  Commissioner of Education.
  9         (c)  Board members shall serve for 3-year terms or
10  until resignation or removal for cause, except that members
11  appointed to serve initial terms shall be appointed for
12  staggered terms of 1, 2, and 3 years, respectively.
13         (d)  In the event of a vacancy on the board caused by
14  an occurrence other than the expiration of a term, a new
15  member shall be appointed.
16         (e)  Each member is accountable to the Commissioner of
17  Education for the proper performance of the duties of office.
18  The commissioner may remove any member from office for
19  malfeasance, misfeasance, neglect of duty, incompetence, or
20  permanent inability to perform official duties or for pleading
21  nolo contendere to, or being found guilty of, a crime.
22         (8)  ORGANIZATION, POWERS, AND DUTIES.--Within the
23  limits prescribed in this section or by rule of the
24  department:
25         (a)  Upon appointment, the board shall meet and
26  organize. Thereafter, the board shall hold such meetings as
27  are necessary to implement the provisions of this section and
28  shall conduct its business in accordance with rules
29  promulgated by the department.
30         (b)  The board may solicit and receive bequests, gifts,
31  grants, donations, goods, and services.  When gifts are
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  1  restricted as to purpose, they may be used only for the
  2  purpose or purposes stated by the donor.
  3         (c)  The board may enter into contracts with the
  4  Federal Government, state or local agencies, private entities,
  5  or individuals to carry out the purposes of this section.
  6         (d)  The board may identify, initiate, and fund new
  7  creative programs to carry out the purposes of this section.
  8         (e)  The board may make gifts or grants:
  9         1.  To the state, or any political subdivision thereof,
10  or any public agency of state or local government.
11         2.  To a corporation, trust, association, or foundation
12  organized and operated exclusively for charitable,
13  educational, or scientific purposes.
14         3.  To the department for purposes of program
15  recognition and marketing, public relations and education,
16  professional development, and technical assistance and
17  workshops for grant applicants and recipients and the business
18  community.
19         (f)  The board may advertise and solicit applications
20  for funding and shall evaluate applications and program
21  proposals submitted thereto.
22         (g)  The board shall monitor, review, and annually
23  evaluate funded programs to determine whether funding should
24  be continued, terminated, reduced, or increased.
25         (h)  The board shall establish an operating account for
26  the deposit of funds to be used in carrying out the purposes
27  of this section.
28         (i)  The board may take such additional actions,
29  including hiring of necessary staff, as are deemed necessary
30  and appropriate to administer this section, subject to rules
31  of the department.
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    Florida Senate - 1998                                  SB 1736
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  1         (9)  DISTRIBUTION OF EARNINGS ON ENDOWMENT FUND
  2  PRINCIPAL.--The board shall use the moneys in the operating
  3  account, by whatever means, to provide for:
  4         (a)  Planning, research, and policy development for
  5  issues related to school-to-work transition and publications
  6  and dissemination of such information as may serve the
  7  objectives of this section.
  8         (b)  Promotion of initiatives for school-to-work
  9  transition.
10         (c)  Funding of programs which engage in, contract for,
11  foster, finance, or aid in job training and counseling for
12  school-to-work transition research, education, or
13  demonstration, or other related activities.
14         (d)  Funding of programs which engage in, contract for,
15  foster, finance, or aid in activities designed to advance
16  better public understanding and appreciation of the
17  school-to-work transition.
18         (e)  Funding of programs, property, or facilities which
19  aid, strengthen, and extend in any proper and useful manner
20  the objectives, work, services, and physical facilities of the
21  department, in accordance with the purposes of this section.
22         (10)  STARTUP FUNDING.--Notwithstanding any provision
23  of this section to the contrary, in order to provide for first
24  year startup funds, 50 percent of the money allocated during
25  the 12-month period beginning July 1, 1998, shall not be
26  available for investment by the State Board of Administration,
27  but shall be transmitted quarterly to the foundation board and
28  shall be available to the foundation for the purposes set
29  forth in this section.
30         (11)  ANNUAL AUDIT.--The board shall cause an annual
31  audit of the foundation's financial accounts to be conducted
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  1  by an independent certified public accountant in accordance
  2  with rules adopted by the department.  The annual audit report
  3  shall be submitted to the Auditor General and the department
  4  for review.  The Auditor General and the department may
  5  require and receive from the foundation, or from its
  6  independent auditor, any relevant detail or supplemental data.
  7         (12)  ANNUAL REPORT.--The board shall issue a report to
  8  the Governor, the President of the Senate, the Speaker of the
  9  House of Representatives, and the Commissioner of Education by
10  March 1, 1999, and each year thereafter, summarizing the
11  performance of the endowment fund for the previous fiscal year
12  and the foundation's fundraising activities and performance
13  and detailing those activities and programs supported by the
14  earnings on the endowment principal or by bequests, gifts,
15  grants, donations, and other valued goods and services
16  received.
17         (13)  RULES.--The department shall promulgate rules for
18  the implementation of this section.
19         Section 2.  The Legislature shall conduct a review of
20  the Jobs for Florida's Graduates Program after the fifth year
21  of operation with recommendations for continuation, expansion,
22  or termination of the program.
23         Section 3.  This act shall take effect July 1, 1998.
24
25            *****************************************
26                       LEGISLATIVE SUMMARY
27
      Creates a school-to-work program to be known as Jobs for
28    Florida's Graduates to encourage public and private
      support to enhance students' transition from school to
29    work.  Creates an endowment foundation as a
      direct-support organization with specified duties.
30    Creates an endowment fund and provides for earnings on
      investment of funds therein to be deposited in an
31    operating account for use by the foundation.  Requires
      legislative review of the program.
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