House Bill 4813er

    ENROLLED

    1998 Legislature                                       HB 4813



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  2         An act relating to trust funds; creating s.

  3         17.43, F.S.; creating the Comptroller's Federal

  4         Equitable Sharing Trust Fund within the

  5         Department of Banking and Finance; providing

  6         for sources of funds; exempting the trust fund

  7         from various service charges; providing for

  8         annual carryforward of funds; providing for

  9         future review and termination or re-creation of

10         the trust fund; providing an effective date.

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

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14         Section 1.  Section 17.43, Florida Statutes, is created

15  to read:

16         17.43  Comptroller's Federal Equitable Sharing Trust

17  Fund.--

18         (1)  The Comptroller's Federal Equitable Sharing Trust

19  Fund is created within the Department of Banking and Finance.

20  The department may deposit into the trust fund receipts and

21  revenues received as a result of federal criminal,

22  administrative, or civil forfeiture proceedings and receipts

23  and revenues received from federal asset-sharing programs. The

24  trust fund is exempt from the service charges imposed by s.

25  215.20.

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

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

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

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

30  purposes of the trust fund.

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




    ENROLLED

    1998 Legislature                                       HB 4813



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

  2  III of the State Constitution, the trust fund shall, unless

  3  terminated sooner, be terminated on July 1, 2002. Prior to its

  4  scheduled termination, the trust fund shall be reviewed as

  5  provided in s. 215.3206(1) and (2).

  6         Section 2.  This act shall take effect July 1 of the

  7  year in which enacted.

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