House Bill 4387

    Florida House of Representatives - 1998                HB 4387

        By Representative Chestnut






  1                      A bill to be entitled

  2         An act relating to trust funds; creating s.

  3         411.015, F.S.; creating the Children First

  4         School Readiness Trust Fund, to be administered

  5         by the Department of Education for the Florida

  6         Partnership for Children First, Inc.; providing

  7         for sources of moneys and purposes; providing

  8         for annual carryforward of funds; providing for

  9         future review and termination or re-creation of

10         the trust fund; providing a contingent

11         effective date.

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

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15         Section 1.  Section 411.015, Florida Statutes, is

16  created to read:

17         411.105  Children First School Readiness Trust Fund.--

18         (1)  The Children First School Readiness Trust Fund is

19  hereby created, to be administered by the Department of

20  Education for the Florida Partnership for Children First, Inc.

21  Funds shall be credited to the trust fund as provided in s.

22  411.01, to be used for the purposes of the Florida Partnership

23  for Children First, Inc., as set forth therein.

24         (2)  Notwithstanding the provisions of s. 216.301 and

25  pursuant to s. 216.351, any balance in the trust fund at the

26  end of any fiscal year shall remain in the trust fund at the

27  end of the year and shall be available for carrying out the

28  purposes of the trust fund.

29         (3)  Pursuant to the provisions of s. 19(f)(2), Art.

30  III of the State Constitution, the Children First School

31  Readiness Trust Fund shall, unless terminated sooner, be

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






    Florida House of Representatives - 1998                HB 4387

    52-164A-98






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

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

  3  s. 215.3206(1) and (2).

  4         Section 2.  This act shall take effect July 1, 1998, if

  5  House Bill .... or similar legislation creating the Florida

  6  Partnership for Children First, Inc., is adopted in the same

  7  legislative session or an extension thereof.

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10                          HOUSE SUMMARY

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      Creates the Children First School Readiness Trust Fund,
12    to be administered by the Department of Education for the
      Florida Partnership for Children First, Inc. Provides for
13    the trust fund's sources of moneys and purposes. Provides
      for annual carryforward of funds in the trust fund.
14    Provides for future review and termination or re-creation
      of the trust fund.
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