House Bill 1201er

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





    ENROLLED

    1999 Legislature                                       HB 1201



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

  3         State University System Concurrency Trust Fund

  4         within the Department of Education 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 State University System Concurrency Trust Fund within the

11  Department of Education, which is otherwise scheduled to be

12  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 State University System

23  Concurrency Trust Fund within the Department of Education,

24  FLAIR number 49-2-682, which was created by section 240.156,

25  Florida Statutes, and which is to be terminated pursuant to

26  Section 19(f), Article III of the State Constitution on

27  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.




    ENROLLED

    1999 Legislature                                       HB 1201



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

  2  2000.

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