House Bill 1203
CODING: Words stricken are deletions; words underlined are additions.
Florida House of Representatives - 1999 HB 1203
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 State University System Replacement 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 Replacement 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 Replacement Trust Fund, FLAIR number 49-2-580, which was
24 created within the Department of Education and which is to be
25 terminated 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 1203
609-134-99
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2 HOUSE SUMMARY
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Re-creates the State University System Replacement Trust
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