House Bill 1161

    Florida House of Representatives - 1999                HB 1161

        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 International Trade and Promotion Trust

  4         Fund within the Executive Office of the

  5         Governor without modification; carrying forward

  6         current balances and continuing current sources

  7         and uses thereof; providing an effective date.

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  9         WHEREAS, the Legislature wishes to extend the life of

10  the Florida International Trade and Promotion Trust Fund

11  within the Executive Office of the Governor, which is

12  otherwise scheduled to be terminated pursuant to

13  constitutional mandate, and

14         WHEREAS, the Legislature has reviewed the trust fund

15  before its scheduled termination date and has found that it

16  continues to meet an important public purpose, and

17         WHEREAS, the Legislature has found that existing public

18  policy concerning the trust fund sets adequate parameters for

19  its use, NOW, THEREFORE,

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

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23         Section 1.  (1)  The Florida International Trade and

24  Promotion Trust Fund, FLAIR number 31-2-338, which was created

25  within the Executive Office of the Governor and which is to be

26  terminated pursuant to Section 19(f), Article III of the State

27  Constitution on November 4, 2000, is re-created.

28         (2)  All current balances of the trust fund are carried

29  forward, and all current sources and uses of the trust fund

30  are continued.

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






    Florida House of Representatives - 1999                HB 1161

    612-128-99






  1         Section 2.  This act shall take effect November 4,

  2  2000.

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  5                          HOUSE SUMMARY

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      Recreates the Florida International Trade and Promotion
  7    Trust Fund within the Executive Office of the Governor.

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