House Bill 1155
CODING: Words stricken are deletions; words underlined are additions.
    Florida House of Representatives - 1999                HB 1155
        By the Committee on Transportation & Economic Development
    Appropriations and Representative Fuller
  1                      A bill to be entitled
  2         An act relating to trust funds; re-creating the
  3         Florida Investment Incentive Trust Fund within
  4         the Executive Office of the Governor without
  5         modification; carrying forward current balances
  6         and continuing current sources and uses
  7         thereof; providing an effective date.
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  9         WHEREAS, the Legislature wishes to extend the life of
10  the Florida Investment Incentive Trust Fund within the
11  Executive Office of the Governor, which is otherwise scheduled
12  to be terminated pursuant to constitutional mandate, and
13         WHEREAS, the Legislature has reviewed the trust fund
14  before its scheduled termination date and has found that it
15  continues to meet an important public purpose, and
16         WHEREAS, the Legislature has found that existing public
17  policy concerning the trust fund sets adequate parameters for
18  its use, NOW, THEREFORE,
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20  Be It Enacted by the Legislature of the State of Florida:
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22         Section 1.  (1)  The Florida Investment Incentive Trust
23  Fund, FLAIR number 31-2-293, which was created within the
24  Executive Office of the Governor and which is to be terminated
25  pursuant to Section 19(f), Article III of the State
26  Constitution on November 4, 2000, is re-created.
27         (2)  All current balances of the trust fund are carried
28  forward, and all current sources and uses of the trust fund
29  are continued.
30         Section 2.  This act shall take effect November 4,
31  2000.
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CODING: Words stricken are deletions; words underlined are additions.
    Florida House of Representatives - 1999                HB 1155
    612-125-99
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  2                          HOUSE SUMMARY
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      Recreates the Florida Investment Incentive Trust Fund
  4    within the Executive Office of the Governor.
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