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House Bill 2079




    Florida House of Representatives - 1997                HB 2079

        By the Committee on General Government Appropriations and
    Representative K. Pruitt





  1                      A bill to be entitled

  2         An act relating to the re-creation of the

  3         Working Capital Trust Fund of the Department of

  4         Management Services without modification;

  5         re-creating the Working Capital Trust Fund;

  6         carrying forward current balances and

  7         continuing current sources and uses thereof;

  8         providing an effective date.

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10         WHEREAS, the Legislature wishes to extend the life of

11  the Working Capital Trust Fund, which is otherwise scheduled

12  to be terminated pursuant to constitutional mandate, and

13         WHEREAS, the Legislature has reviewed the Working

14  Capital Trust Fund before its scheduled termination date and

15  has found that it continues to meet an important public

16  purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the Working Capital Trust Fund sets adequate

19  parameters for its use, NOW, THEREFORE,

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21  Be It Enacted by the Legislature of the State of Florida:

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23         Section 1.  The Working Capital Trust Fund, which was

24  created within the Department of Management Services and which

25  is to be terminated pursuant to Section 19(f), Article III of

26  the State Constitution on November 4, 2000, is hereby

27  re-created.

28         Section 2.  All current balances of the Working Capital

29  Trust Fund of the Department of Management Services are

30  carried forward, and all current sources and uses of the trust

31  fund are continued.

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    Florida House of Representatives - 1997                HB 2079

    100-641-97






  1         Section 3.  This act shall take effect November 4,

  2  2000.

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  5                          SENATE SUMMARY

  6    Re-creates, without modification, the Working Capital
      Trust Fund of the Department of Management Services.
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