House Bill 1179

    Florida House of Representatives - 1999                HB 1179

        By the Committee on Education Appropriations and
    Representative Wise





  1                      A bill to be entitled

  2         An act relating to trust funds; re-creating the

  3         Division of Administration Knott Data Center

  4         Working Capital Trust Fund within the

  5         Department of Education without modification;

  6         carrying forward current balances and

  7         continuing current sources and uses thereof;

  8         providing an effective date.

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10         WHEREAS, the Legislature wishes to extend the life of

11  the Division of Administration Knott Data Center Working

12  Capital Trust Fund within the Department of Education, which

13  is otherwise scheduled to be terminated pursuant to

14  constitutional mandate, and

15         WHEREAS, the Legislature has reviewed the trust fund

16  before its scheduled termination date and has found that it

17  continues to meet an important public purpose, and

18         WHEREAS, the Legislature has found that existing public

19  policy concerning the trust fund sets adequate parameters for

20  its use, NOW, THEREFORE,

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

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24         Section 1.  (1)  The Division of Administration Knott

25  Data Center Working Capital Trust Fund within the Department

26  of Education, FLAIR number 48-2-792, which was created by

27  section 216.272, Florida Statutes, and which is to be

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

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

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






    Florida House of Representatives - 1999                HB 1179

    609-120-99






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

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

  3  are continued.

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

  5  2000.

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  8                          HOUSE SUMMARY

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      Re-creates the Division of Administration Knott Data
10    Center Working Capital Trust Fund within the Department
      of Education.
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