Senate Bill 2372

    Florida Senate - 1998                                  SB 2372

    By the Committee on Ways and Means





    301-1549-98                                        See HB 3451

  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Toll Facilities Revolving Trust Fund within the

  4         Department of Transportation without

  5         modification; carrying forward current balances

  6         and continuing current sources and uses

  7         thereof; providing an effective date.

  8

  9         WHEREAS, the Legislature wishes to extend the life of

10  the Toll Facilities Revolving Trust Fund within the Department

11  of Transportation, which is otherwise scheduled to be

12  terminated pursuant to constitutional mandate, and

13         WHEREAS, the Legislature has reviewed the Toll

14  Facilities Revolving Trust Fund within the Department of

15  Transportation before its scheduled termination date and has

16  found that it continues to meet an important public purpose,

17  and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the Toll Facilities Revolving Trust Fund

20  within the Department of Transportation sets adequate

21  parameters for its use, NOW, THEREFORE,

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

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25         Section 1.  The Toll Facilities Revolving Trust Fund

26  within the Department of Transportation, SAMAS number 552729,

27  which was created by section 338.251, Florida Statutes, and

28  which is to be terminated pursuant to Section 19(f), Article

29  III of the State Constitution on November 4, 2000, is

30  re-created.

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






    Florida Senate - 1998                                  SB 2372
    301-1549-98                                        See HB 3451




  1         Section 2.  All current balances of the Toll Facilities

  2  Revolving Trust Fund within the Department of Transportation

  3  are carried forward, and all current sources and uses of the

  4  trust fund are continued.

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

  6  2000.

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  9                          HOUSE SUMMARY

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      Re-creates the Toll Facilities Revolving Trust Fund
11    within the Department of Transportation, without
      modification, and carries forward its current balances
12    and continues its current sources and uses.

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