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


H

Senators Kirkpatrick and Holzendorf moved the following
amendment:



                                                  SENATE AMENDMENT

    Bill No. CS/HB 4387

    Amendment No.    

                            CHAMBER ACTION
              Senate                               House
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10                                                                

11  Senators Kirkpatrick and Holzendorf moved the following

12  amendment:

13

14         Senate Amendment (with title amendment) 

15         Delete everything after the enacting clause

16

17  and insert:

18         Section 1.  The School Readiness Trust Fund is created

19  in the State Treasury, to be administered by the Executive

20  Office of the Governor.  Funds shall be credited to the trust

21  fund as provided in HB 683 or similar legislation, to be used

22  for the purposes set forth therein.

23         Section 2.  Funding; School Readiness Trust Fund.--

24         (1)  The intent of the School Readiness Trust Fund is

25  to ensure a seamless service delivery system for all publicly

26  funded school readiness programs operating in this state.

27         (2)  Funds budgeted for a district school board for the

28  prekindergarten early intervention program, the subsidized

29  child care program, and other state or locally funded

30  education and care programs for preschool children may be

31  transferred to the School Readiness Trust Fund for

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                                                  SENATE AMENDMENT

    Bill No. CS/HB 4387

    Amendment No.    





 1  implementation of the school readiness program in a given

 2  county.  Additional funds, including state-appropriated

 3  incentive funds, may be placed in the trust fund for purposes

 4  of this section.

 5         (3)  All funds transferred to and retained in the trust

 6  fund shall be invested pursuant to section 18.125, Florida

 7  Statutes. Any interest accruing to the trust fund shall be

 8  used to implement the School Readiness Act of 1998.

 9  Notwithstanding section 216.301, Florida Statutes, and

10  pursuant to section 216.351, Florida Statutes, any undisbursed

11  balance remaining in the trust fund and interest accruing to

12  the trust fund not distributed at the end of the fiscal year

13  shall remain in the trust fund and shall increase the total

14  funds available for implementing the School Readiness Act of

15  1998.

16         (4)  The Florida Partnership for School Readiness,

17  Inc., shall annually distribute to the fiscal agent for each

18  School Readiness Coalition the funds that were transferred

19  into the School Readiness Trust Fund for the benefit of that

20  coalition. Additional funds and investment income from the

21  trust fund shall be distributed to the counties implementing a

22  school readiness program based on achievement of performance

23  outcomes or need, or a combination thereof. The Florida

24  Partnership for School Readiness, Inc., shall provide

25  incentives to coalitions that serve more children in the

26  school readiness program than participating programs were

27  required to serve in the previous year, if levels of program

28  funding did not decrease during the year.

29         (5)  State funds appropriated for the school readiness

30  program may not be used for the construction of new facilities

31  or the purchase of buses.

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                                                  SENATE AMENDMENT

    Bill No. CS/HB 4387

    Amendment No.    





 1         Section 3.  It is the intent of the Legislature that

 2  section 2 be compiled into section 411.015, Florida Statutes.

 3         Section 4.  Pursuant to the provisions of section

 4  19(f)(2), Article III of the State Constitution, the School

 5  Readiness Trust Fund shall, unless terminated sooner, be

 6  terminated on July 1, 2002. Prior to its scheduled

 7  termination, the trust fund shall be reviewed as provided in

 8  section 215.3206(1) and (2), Florida Statutes.

 9         Section 5.  This act shall take effect July 1, 1998, if

10  HB 683 or similar legislation is adopted in the same

11  legislative session or an extension thereof.

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14  ================ T I T L E   A M E N D M E N T ===============

15  And the title is amended as follows:

16         Delete everything before the enacting clause

17

18  and insert:

19                      A bill to be entitled

20         An act relating to trust funds; creating the

21         School Readiness Trust Fund within the

22         Executive Office of the Governor; providing for

23         sources of moneys and purposes; providing for

24         future review and termination or re-creation of

25         the trust fund; providing a contingent

26         effective date.

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