Senate Bill 2440

    Florida Senate - 1998                                  SB 2440

    By the Committee on Ways and Means





    301-1583-98

  1                      A bill to be entitled

  2         An act relating to the re-creation of the Sales

  3         of Goods and Services Clearing Trust Fund

  4         without modification; re-creating the Sale of

  5         Goods and Services Clearing 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 Sale of Goods and Services Clearing Trust Fund, which is

12  otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the Sale of Goods

15  and Services Clearing Trust Fund before its scheduled

16  termination date and has found that it continues to meet an

17  important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the Sale of Goods and Services Clearing

20  Trust Fund sets adequate parameters for its use, NOW,

21  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 Sale of Goods and Services Clearing

26  Trust Fund, which was created within the Department of

27  Corrections and which is to be terminated pursuant to Section

28  19(f), Article III of the State Constitution on November 4,

29  2000, is hereby re-created.

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






    Florida Senate - 1998                                  SB 2440
    301-1583-98




  1         Section 2.  All current balances of the Sale of Goods

  2  and Services Clearing Trust Fund are carried forward, and all

  3  current sources and uses of the trust fund are continued.

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

  5  2000.

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  8                          SENATE SUMMARY

  9    Re-creates, without modification, the Sale of Goods and
      Services Clearing Trust Fund within the Department of
10    Corrections and carries forward its current balances and
      continues its current sources and uses.
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